Exchange Agreement in Oil industry achieved through SAP?

Question

Hi,
Can somebody please ellaborate on the how the exchange agreement process is acheived in SAP?
Steps with transactions would be helpful. Are there multiple scenarions for the same?
Thanks in adavance!
Regards

Answer 1

Hello ,
Hope the Information Below will clear - THE     BUILDING EXCHANGE AGREEMENT IN SAP...
     Following points should be noted while creating exchanges in SAP,
1.     Enter the exchange agreement in SAP (Tcode O3A1--- Create exchange agreement). The SAP exchange agreement consists of an exchange header, one or multiple sales contracts and one or multiple purchase contracts. Exchange agreement has to have both Purchase and Sales contracts. The movement type could be bulk or Rack.
2.     The first piece is the exchange header. The exchange header is the agreement number for the contract. The header is what links the exchange receipts and exchange deliveries pieces together
3.     The exchange header tells the system whether the agreement is a buy/sell, Terminaling or exchange
4.     The header also has some administrative data like the start and end dates for the agreement
5.     The second piece is the sales contract(s). The sales contract looks like a normal SAP sales contract and stores the exchange delivery terms of the agreement. Again, the exchange delivery is the product that Chevron is giving to the partner
6.     The design calls for one sales/purchase contract for each rack location on the agreement. All bulk locations will be on the same contract
7.     The sales contract contains information such as the materials to be delivered, the mode of transportation, locations to deliver from, pricing data
8.     This would include creating the condition records which is a transaction code outside of the create contract transaction (Tcode for creating Sales Condition is VK11, use appropriate key combination)
9.     The third piece is the purchase contract(s). The purchase contract looks like a normal SAP purchase contract and stores the exchange receipt terms of the agreement. Again, the exchange receipt is the product that Chevron is getting from the partner
10.     The purchase contract contains information such as the materials to be received, the mode of transportation, locations to receive from, and pricing data
11.     This would include creating the condition records which is a transaction code outside of the create contract transaction (Tcode for creating Purchase condition is MEK1, use appropriate key combination)
12.     In order for the differentials to calculate properly the condition types need to be entered on the sales and purchase contracts
13.     When creating the sales and purchase contracts make sure that the condition records are being recognized and pulled into the documents
14.     Process orders in SAP.
Thanks,
Amit c kulkarni.