Vendor Contracts and Agreements Features and Functions
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- Agreements with suppliers may be discounted at different levels including the product level, product class level, and a level for general terms
- Agreement number designating common terms
- Defines normal contract and special contract types
- Contract effectivity dates (start and end)
- Users may enter agreement start dates (a signal date)
- Contract terms may specify ranges for delivery dates and quantities
- Batch mode price changes effective by product or purchase class
- Discounts may be entered for contracts (bracketed discount)
- Users may choose to print an acknowledgement of the contract
- Standard documentation types for contracts, which can determine the contract status
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Purchasing Management Features and Functions
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