AM - Price Agreement Master

Letter Code
AM
Interface category
Financial
Subject
Fin: Purchasing Documents and Table

AM - Price Agreement Master

Price Agreement Master (AM) Document is used in the SAM II system to establish Price Agreements and to facilitate contract administration. One of two types of purchase orders can be issued off a particular Price Agreement that has been established via an AM document, the Quick Price Agreement (PGQ) document or Service Contract (SC) document. Price Agreements provide system edits to enforce contract terms, including a specified contract period, relating to either unit price verification (PGQ documents) or maximum dollar amount (SC documents).