What is calendar-based in SAP CEC-SAL-SB - Subscription Management and Billing?

SAP Term: calendar-based

• Component: CEC-SAL-SB

• Component Name: Subscription Management and Billing

• Description: Aligned with a calendar period.

Smart SAP Assistant

• Key Concepts: 
  Calendar-based subscription management and billing is a feature of the SAP CEC-SAL-SB Subscription Management and Billing component. It allows customers to purchase subscriptions on a monthly, quarterly, or annual basis. The subscription can be set up to automatically renew at the end of the period, or customers can choose to manually renew their subscription. 
  
  How to use it: 
  To use calendar-based subscription management and billing, customers must first select the type of subscription they would like to purchase. They can then select the duration of the subscription (monthly, quarterly, or annually). Once the subscription is purchased, customers will be billed on a recurring basis according to the duration they selected. 
  
  Tips & Tricks: 
  When setting up a calendar-based subscription, it is important to make sure that the customer’s payment information is up-to-date. This will ensure that their subscription is not interrupted due to an expired payment method. Additionally, customers should be aware that their subscription will automatically renew at the end of the period unless they choose to manually renew it. 
  
  Related Information: 
  For more information about calendar-based subscription management and billing in SAP CEC-SAL-SB Subscription Management and Billing, please refer to the official SAP documentation.