So that`s the overall agreement. So I can then enter BMX again, another type of BMX bike that we have set up in the system, so I have a Marley BMX type bike, it`s $900 and it`s taken from this lump sum deal. If I change the crowd, we`ll just get out of this lump sum deal, and it`ll be tested. Before using the new extensions of the framework agreement in SAP Business One version 9.3, you must first activate certain parameters. These parameters are mainly in two areas. We still have schedules, but we also have the option of setting up recurring transactions behind the lump sum agreement, so that you have not only received confirmed units and prices, but that there might be a timetable that you would like to apply if you need those goods and services. So you can create a z.B. command for the order I have here in a recurring pattern, and then automatically create the order every week and month to write this framework agreement as a reminder. So some good tools here if you need this type of installation in the system.
So I have this lump sum agreement, the number one general agreement, and what I can do just to show them that it works is just back to the sales order I`ve already created, and then I`m going to get into a BMX-Bike, so I have a BMX in control, and I`ll choose a BMX force bike, and then you`ll see the price of that Force-BMX bike. The way I can say what lump sum agreements are used, so if I maximize that, I have a section here called the Blanket Agreement Number, and I can see that a lump sum agreement is being used right now. Long-term sales or purchase contracts are important for each company. They can also be annoying. Managers must set the schedule and type of agreement, and they must create documents for each period and deal with other details during and after the accounts. SAP Business One offers a simple way to track and continue these operations using the Blanket agreement. This feature is available in distribution, purchases and reports. Users can set business partners, date of receipt, termination date and recurring bookings.
The other area we are talking about today is lump sum agreements, which is a comprehensive agreement. This may be prior proof of the order if it is on the system`s sales page. And there are a number of ways to create a comprehensive agreement. However, if implemented in a certain way, the flat-rate agreement can completely end the price hierarchy available to the system. So we`re going to go through with an example, and I hope you`ll see how it works, and you can leave and understand how that can apply to your business. Below are some restrictions that you may need to know if you want to use sales agreements. Among the modules, distribution, we have here an option called sales agreements. We also have an option under purchase called sales framework contracts. So what I`m going to experience is valid for both sides of the ledger, buying and selling.