What is 'waiver condition' in SAP CA-FIM-FCO - Financial Conditions?

waiver condition - Overview

• Component: CA-FIM-FCO

• Component Name: Financial Conditions

• Description: An additional condition that causes a payment to be waived or skipped.

waiver condition - Details

• 
  Key Concepts: 
  A waiver condition is a type of financial condition in SAP that allows a customer to waive certain payment terms. This type of condition is typically used when a customer has requested a special payment arrangement or when the customer has requested to waive certain payment terms. 
  
  How to use it: 
  In order to use a waiver condition, the customer must first request it. Once the request is approved, the customer can then enter the waiver condition into SAP. The waiver condition will then be applied to the customer’s account and will be used to determine the payment terms for that customer. 
  
  Tips & Tricks: 
  When entering a waiver condition into SAP, it is important to make sure that all of the necessary information is entered correctly. This includes the customer’s name, address, and any other relevant information. Additionally, it is important to make sure that the waiver condition is entered into the correct financial condition type in SAP. 
  
  Related Information: 
  The SAP component CA-FIM-FCO Financial Conditions provides additional information about how to use waiver conditions in SAP. Additionally, there are several online resources available that provide more detailed information about how to use waiver conditions in SAP.