What is latest evaluation key date in SAP CA-GTF-CPE - Commodity Pricing Engine?

SAP Term: latest evaluation key date

• Component: CA-GTF-CPE

• Component Name: Commodity Pricing Engine

• Description: Latest date at which you want the system to evaluate a formula. To define this, you choose a reference date field from the document. The system uses its value for the latest evaluation key date. The system determines the used evaluation key date by comparing the system date, the requested evaluation key date, and the latest evaluation key date.

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• Key Concepts: 
  The latest evaluation key date is a feature of the Commodity Pricing Engine (CPE) component of SAP's Global Trade and Financial (GTF) module. It is used to determine the pricing of commodities based on the most up-to-date market data. The evaluation key date is set by the user and can be changed at any time. 
  
  How to use it: 
  The latest evaluation key date is used to determine the pricing of commodities in the CPE component. The user can set the evaluation key date to any date they choose, and this will be used to calculate the pricing of commodities based on the most up-to-date market data available at that time. 
  
  Tips & Tricks: 
  It is important to keep the latest evaluation key date up-to-date in order to ensure that pricing calculations are accurate. It is also important to remember that changing the evaluation key date will affect all pricing calculations, so it should only be done when necessary. 
  
  Related Information: 
  For more information about the Commodity Pricing Engine component of SAP's Global Trade and Financial module, please refer to SAP's official documentation.