What is expiration date in SAP BC-ILM - Information Lifecycle Management?

SAP Term: expiration date

• Component: BC-ILM

• Component Name: Information Lifecycle Management

• Description: Specifies the end of the retention period.

Smart SAP Assistant

• Key Concepts: 
  Expiration date is a term used in SAP's BC-ILM Information Lifecycle Management component. It is the date on which a document or other item is no longer valid or usable. This date can be set by the user and is used to ensure that documents and other items are not used beyond their intended lifespan.
  
  How to use it: 
  Expiration dates can be set for documents and other items in SAP's BC-ILM Information Lifecycle Management component. To do this, the user must first create a document or item and then set the expiration date. This can be done by selecting the “Set Expiration Date” option from the menu. The user can then enter the desired expiration date for the document or item.
  
  Tips & Tricks: 
  It is important to remember that expiration dates are not absolute. If a document or item is still valid after its expiration date, it can still be used until it is no longer valid. Additionally, it is important to remember to update expiration dates as needed to ensure that documents and other items are not used beyond their intended lifespan.
  
  Related Information: 
  For more information about SAP's BC-ILM Information Lifecycle Management component, please refer to the official SAP documentation. Additionally, there are many online resources available that provide tutorials and tips on how to use this component effectively.