What is payment date in SAP AP-TTE - CRM Transaction Tax Engine?

SAP Term: payment date

• Component: AP-TTE

• Component Name: CRM Transaction Tax Engine

• Description: Day on which payment is made or received.

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• Key Concepts: 
  Payment date is a term used in the SAP AP-TTE CRM Transaction Tax Engine component. It refers to the date on which a payment is due or expected to be received. This date is used to calculate the amount of taxes due and to determine when the payment should be made. 
  
  How to use it: 
  The payment date is used in the SAP AP-TTE CRM Transaction Tax Engine component to calculate the amount of taxes due and when the payment should be made. The payment date can be set manually or automatically based on the terms of the transaction. 
  
  Tips & Tricks: 
  It is important to ensure that the payment date is accurate and up-to-date in order to ensure that taxes are calculated correctly and payments are made on time. 
  
  Related Information: 
  The payment date is related to other terms such as due date, invoice date, and payment terms. It is important to understand how these terms interact with each other in order to ensure accurate tax calculations and timely payments.