CONTRACT HIERARCHY title: contract hierarchy (SRM-EBP-CON) (SAP Library - Glossary)
CONTRACT HIERARCHY category: Purchase Contract (SRM-EBP-CON)
CONTRACT HIERARCHY explained:
A function that enables users authorized to create a purchasing contract to define relationships between super- and subordinate contracts.
A contract hierarchy consists of one or multiple contracts and is subject to the following rules:
The top node of the hierarchy cannot have a superordinate contract Every contract except for the top node has exactly one superordinate contract Every contract can have none, one, or multiple subordinate contract(s) A contract can be part of no hierarchy or exactly one hierarchyMore terms such as contract hierarchy in Dictionary C.
- Manual Clearing Transaction:
- Help An accounting transaction (such as an incoming or outgoing payment) that initiates the clearing procedure contract hierarchy definition.
- Manual Company Code Group (FI-CA):
- Help Group of company codes that can be used to post to a contract account contract hierarchy explain.
- Manual Commitment Budget:
- Help A standardized framework within a particular area of responsibility for entering commitments that will lead to expenditures or costs in the current year or in subsequent years contract hierarchy what is.
- Manual Currency Option:
- Help hedging instrument, where the rights and obligations are unevenly distributed between the purchaser and the seller. In contrast to listed financial instruments, OTC options with freely definable contract hierarchy meaning.
- Manual Car Benefit:
- Help benefit for a company car. It is related to the car price, CO2-band percentage, car availability; employee's regular payment for the company car and the car's fuel scale charges. The contract hierarchy abbreviation.
