Enter Valid Periods for Supplier Agreement

Explanation

You must enter periods on a supplier agreement to define the time period for the supplier agreement's validity. The supplier agreement will not be used if there is no valid period. You also must enter a maximum amount for the specified period. The consequence when the maximum amount is reached depends on the choice in the Maximum Amount Option field in the General tab. If no end date is specified, the supplier agreement has no defined valid until date.

You can have several periods during the lifetime of a supplier agreement. Periods cannot overlap, but they can have gaps. A period cannot be removed if there have been any purchases (using the supplier agreement) during it. The cumulative amount of all purchases made during a period are saved, specified for each period in the Periods tab. You can also see how many purchase order lines have been entered for each period.

Prerequisites

• A supplier agreement header must have been saved.

System Effects

• The supplier agreement will be used on applicable purchase order lines if the date is within the valid period.
• If the Use Gross Amounts check box is selected, the value entered in the Maximum Amount field will be inclusive of tax. 

Window

Supplier Agreement

Related Window Descriptions

Supplier Agreement
Supplier Agreement/Periods

Procedure

1. Select the Periods tab.
2. Click New.
3. Enter a start date from which the supplier agreement is valid in the Start Date field.
4. If the supplier agreement has a predefined end date, you can enter this date in the End Date field.
5. Enter the maximum amount for the entire supplier agreement in the Maximum Amount field. 
6. To enter more periods, repeat steps 2 through 5.
7. Save when completed.