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In the settlement calendar, you schedule the different types of settlements such as partial or final settlement. For a settlement run, you specify the settlement date and optionally an execution date. You can also differentiate between two kinds of settlements, planned and unplanned condition contract settlement.
The condition contract management solution revolves around the condition contract document. In this document, you can manage conditions, specify administrative data, define the criteria for business volume selection, specify eligible partners, and maintain settlement calendar information.
The condition contract forms the basis for settling claims or rebates from suppliers or payables to customers. Furthermore, you can use the contract to handle pricing conditions only for your order-to-cash or procure-to-pay process.
Definition. The condition contract is a document that you use to enter conditions that refer to one or more suppliers or customers, no business partner, or one or more materials. You do not have to specify eligible partners or be restricted to single customers or customer groups.
Structure of a Condition Contract Business Volume Selection Criteria. The condition contract type defines the data source for settlement, for example, billing documents for sales rebate condition contracts. ... Settlement Data. ... Settlement Calendar. ... Conditions.