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Difference between PCTR and GCTR

Hi Sap Gurus,

 

Can you please tell me the difference between purchasing contracts and global outline agreements.

 

as per my understanding both the contracts are created by strategic purchasing.. and outline agreement will be created if we have multiple backend systems... I also heard that PCTR will be created and used only in SRM and GOA will be created and used in ECC but not in SRM...

 

If this is true... could you please tell me the difference between PCTR and GCTR and in which cases business will create PCTR and GCTR...

 

As we all know master data comes from backend system if we create PCTR in SRM and use only in SRM why we are not sending any data to backend...

 

 

Thanks in advance


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