Contract and PO using limits functionality

Hi Experts,
I have a requirement by the business to use the unplanned services for PO. All the PO are refer to contract. All the contract are value contract only.  They dont want any quanity or unit price define in the contract. Just the total contract amount only.
Is it possible to create contract without using the service master defining only the limits? If this is possible please tell me the necessary configuration. In my present system service master is mandatory now.
secondly, Is it OK if i create a value contract with the account assignment Unkown and itemcategory blank. So that I need not meantion the service limits or the service master. I will create service PO using the contract and define the limits in PO.
Is it a std process if I process like the way I mentioned.
regards
DP

Closing thread

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