on 2009 Jan 12 2:02 PM
Hi every body,
can any one tell me what is the meaning of master contract and A&D contract
thanks alot
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Hi,
Please find below mentioned the details about master contract.
The master contract is a document under which you can group contracts as lower level contracts. It contains the general terms which apply for all the lower level contracts over a specified period.
Use: You group contracts as lower level contracts under a master contract to ensure that
The terms in the master contract are granted in all the lower level contracts
The data in all lower level contracts remains consistent
You can group the following documents under a master contract:
Quantity contracts
Value contracts
Service contracts
The link between the master and lower level contracts is controlled by the referencing procedure which is assigned to the master contract type in Customizing. The referencing procedure determines which data is copied from the master contract into the lower level contracts
Structure: A master contract contains header data only. In the master contract, you can record:
Business data
Partner data
Contract data
Billing plan data
On the overview screen of the master contract, there is a list of all the lower level contracts which refer to it. You can branch from this list into the individual contracts.
Pease share with me the context in which you are using the term A&D contarct or atlease give me some background so that I can help you out.
Rgds
manish
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