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What does master conditions (time-dependent conditions) distinguish from document conditions?

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What does master conditions (time-dependent conditions) distinguish from document conditions?

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10

Conditions in the info record and contract are master conditions.The difference between quotations and scheduling agreements is made by the document type (indicator ‘time-dependent conditions’).Master conditions are limited to a certain validity period, have master data status and are rather valid on a long-term basis. Master conditions, which refer to more general price agreements such as vendor, material type, … (general conditions, Transactions MEK*), can also be represented. Generally conditions in purchase orders are document conditions.They are only valid for this document.Document conditions are also available for quotations and scheduling agreements if this is set in Customizing.

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