ME31K | Create Contract in SAP MM [TCode of the Day]

ME31K – Create Contract

ME31K is the SAP transaction code used to create Purchasing Contracts in Materials Management. Contracts are long-term agreements with vendors for the supply of materials or services under predefined conditions.

TCode:

ME31K – Create Contract

Module:

SAP Materials Management

When to Use:

• When you want to agree with a vendor on pricing and quantity or value for long-term supply
• To automate PO creation through release orders against a contract
• To fix prices and control spend

What Happens in ME31K?

• Select contract type: Quantity Contract (MK) or Value Contract (WK)
• Enter vendor, purchasing org, validity period, and item data
• Save the contract – system assigns a contract number

Pro Tip

Use ME33K to display and track contract usage. Contracts simplify procurement by reducing repetitive entries and ensuring price consistency.

Related TCodes:

• ME32K – Change Contract
• ME33K – Display Contract
• ME31L – Create Scheduling Agreement

ME31K helps companies manage long-term purchasing strategies while ensuring price protection and vendor commitment.

Note: ME31K is available in both ECC and S/4HANA systems.

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