SAP Business One V8.82 allows you to record blanket agreements to reflect long-term sales or purchasing agreements that you have negotiated with your business partners. You can create two types of blanket agreements:
- General blanket agreements: For example, to obtain a special bonus at year-end or to achieve a defined turnover with the business partner. NB. if general is chosen, prices outside of Blanket Agreement are used; found under Business Partner Menu
- Specific blanket agreements: Used to obtain a special discount for the individual sales or purchasing transaction.
They are also used to determine a delivery schedule, for example, by defining the intervals that certain quantities of goods should be delivered.
You can link sales and purchasing documents to blanket agreements used as a basis for expected revenue forecasts, quantity reservation, and capacity planning. Furthermore, blanket agreements are involved in cash flow calculations and MRP runs (MRP only sees ‘Specific’ Approved agreements).
When creating a Blanket Agreement you must change status to Approved to be able to call off. On the Items tab, choose items and enter total quantity to be sold/bought during the agreement period and the special agreed unit price for each item; double-click on row to enter frequency details etc (must do this before create documents against the BA or cannot edit this screen). As Sales/Purchase Orders are added for the BP for items that appear on the agreement, prices from the agreement are copied to the Order row (displayed in blue) and the Order is automatically linked to the agreement and once Invoiced, the cumulative Qty and Amount columns are auto-updated on the Items tab.