Understanding Buying Agreements

Through the use of buying agreements, you can structure flexible and easy-to-use buying arrangements for customers or groups of customers. A buying agreement is a schedule between you and the customer defining terms and conditions. Buying agreements enable you to:

  • Define a beginning and end date and a maximum amount.

  • Specify the minimum dollar value per order placed.

  • Define certain shipping defaults for all sales orders.

  • Define all products and product groups that are to be included.

  • Define special pricing terms for a customer or customer group.

  • Maximum and minimum line item ordering quantities for each line item.

  • Generate sales orders automatically when the customers know in advance when products are needed.

  • Create sales orders in situations where shipment scheduling is unknown.

  • Create rebates and penalties.