What is 'Entitlement Product' in SAP AP-PRD - FND Product Data Maintenance?

Entitlement Product - Overview

• Component: AP-PRD

• Component Name: FND Product Data Maintenance

• Description: A sellable product that describes the right to use a material or service.

Entitlement Product - Details

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  Key Concepts: 
  Entitlement Product Component is a feature of SAP's AP-PRD FND Product Data Maintenance module. It allows users to define and manage product entitlements, which are the rights and privileges associated with a product. This includes defining the product's features, pricing, and other related information. 
  
  How to use it: 
  The Entitlement Product Component can be used to create and manage product entitlements. This includes setting up the product's features, pricing, and other related information. The component also allows users to assign entitlements to specific customers or groups of customers. 
  
  Tips & Tricks: 
  When creating product entitlements, it is important to ensure that the information is accurate and up-to-date. This will help ensure that customers are receiving the correct entitlements for their products. Additionally, it is important to keep track of any changes made to the product entitlements in order to ensure that customers are always receiving the correct entitlements. 
  
  Related Information: 
  The Entitlement Product Component is part of SAP's AP-PRD FND Product Data Maintenance module. Other features of this module include product catalogs, pricing rules, and product lifecycle management. Additionally, SAP offers a variety of other modules that can be used in conjunction with the Entitlement Product Component, such as SAP ERP and SAP CRM.