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

SAP Term: reference date

• Component: BC-ILM

• Component Name: Information Lifecycle Management

• Description: The reference date is an intermediate result of the evaluation of an ILM rule. The system determines the reference date in this example it is the creation date based on the time reference for the retention of a document for example, starting with the creation. The system also applies the time offset specified in the ILM rule to the reference date. For example, it applies the offset of the reference date to the relevant year-end. The shifted reference date is the start date of the time period to be calculated for example, the retention period.

Smart SAP Assistant

• Key Concepts: 
  Reference date is a term used in SAP's Information Lifecycle Management (ILM) component. It is a date that is used to determine the validity of data and to decide when it should be archived or deleted. The reference date can be set manually or automatically, depending on the system configuration. 
  
  How to use it: 
  The reference date can be used to determine when data should be archived or deleted. For example, if the reference date is set to one year, then any data that is older than one year will be archived or deleted. The reference date can also be used to determine when data should be updated or refreshed. 
  
  Tips & Tricks: 
  When setting the reference date, it is important to consider the amount of data that will need to be archived or deleted. If too much data is archived or deleted, it may cause performance issues in the system. It is also important to consider how often the reference date should be updated in order to ensure that the data remains up-to-date. 
  
  Related Information: 
  For more information about SAP's Information Lifecycle Management (ILM) component, please refer to the official SAP documentation. Additionally, there are many online resources available that provide detailed information about ILM and how it can be used in SAP systems.