What is lump sum in SAP CA-RT-PMR - SAP Promotion Management?

SAP Term: lump sum

• Component: CA-RT-PMR

• Component Name: SAP Promotion Management

• Description: A one time amount provided by a vendor for use by a retailer to promote that vendor's products over a given time period.

Smart SAP Assistant

• Key Concepts: 
  Lump sum is a type of payment in SAP Promotion Management that is used to pay for a single item or service. It is a fixed amount that is paid in one lump sum, rather than in installments or other forms of payment. The lump sum payment is typically used when the cost of the item or service is known in advance and the customer does not want to pay for it over time. 
  
  How to use it: 
  In SAP Promotion Management, lump sum payments can be used to pay for items or services that are part of a promotion. To use lump sum payments, the customer must enter the amount they wish to pay in one lump sum. The system will then calculate the total cost of the item or service and deduct the lump sum payment from the total cost. 
  
  Tips & Tricks: 
  When using lump sum payments, it is important to ensure that the amount entered is correct. If the amount entered is too low, then the customer may not be able to pay for the item or service in full. Additionally, it is important to ensure that all taxes and fees associated with the purchase are included in the lump sum payment. 
  
  Related Information: 
  For more information on using lump sum payments in SAP Promotion Management, please refer to the official SAP documentation. Additionally, there are many online resources available that provide detailed instructions on how to use this feature.