Contract Products

A sales or purchase contract must be associated with at least one product or brand. The required quantity of the contract is specified per contract product. Each contract product can be subdivided into quotas; for example, if a certain amount of material should be delivered each month.

Despatch orders are specific to a contract product, or to a quota within the contract product. See Quotas and Despatch Orders.

Contract Product Specifications

Specifications define the expected quality of the contract product. The specifications of the contract product are inherited from the product or brand. These default specifications can be overridden for the contract product if required.

The specifications of a contract product are the default specifications for quotas and for despatch orders created for the contract product. The specifications of a quota are the default specifications for despatch orders created for the quota.

Contract Options

Contract options are an extra quantity of material (specified in the Contract Products node of a sales or purchase contract) that the buyer or seller may declare by an agreed date that they want to buy or sell.

Contract options do not affect the quantities on the contract product.