Global Trade Expert •
Thomas Werdelmann SAP GTM Global Trade Management • SAP GTS Global Trade Services SAP Consulting • SAP Development • Project Management |
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GTM: Trading Contract Essentially the Trading Contract (abbreviated: TC) is used for collection of all data for a trading transaction, for single sided sales orders and purchase orders, as well for both at the same time. There are trading contracts as single sided TCs as well as two sided TCs. A single sided TC is to maintain just a purchase order or a sales order. A two sided TC is to maintain purchase and sales order data within one document at the same time. In a two sided TC the purchase side and the sales side are already linked together and therefore a data interchange between both is directly possible, for example for calculation and profit simulation. There is also a possibility to create a link between single sided sales TCs and purchase TCs, for what GTM serves the association. A Trading Contract collects all data of a trade, ea. business partners (and their roles) and the items to trade, quantities and price elements, currancies, payment terms, delivery terms etc. Also different text types as well different message type (print outs, mails,...) for external and internal partners can be handled within a TC. The name "Contract" does not mean automatically a frame contract or something else like it is used in the business world, because it's more a technical document within SAP GTM. But also this can be covert by a TC within GTM. A TC will have subsequent documents within SD
or/and MM, if it is used to handle deliveries and invoices. Therefore in
this case the modules SD and MM are also needed.
Document flow and subsequent documents: Global Trade Management access via the trading contract the logistics to create purchase orders in the "Material Management" (MM) or sales orders in the "Sales & Distribution" of SAP ECC. But all following process steps within the logistics, e.a. deliveries, goods movements, invoices or invoice verfication, will keep in the logistics of SD and MM like before. But all these steps can be conrolled and automized via the Trading Execution Workbench (TEW) by GTM as well. Status control /- management:
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