What is cancellation notice in SAP CEC-SAL-SB - Subscription Management and Billing?

SAP Term: cancellation notice

• Component: CEC-SAL-SB

• Component Name: Subscription Management and Billing

• Description: A notification from a customer to a subscription provider informing them of the wish to cancel a subscription.

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• Key Concepts: 
  A cancellation notice is a document sent by SAP CEC-SAL-SB Subscription Management and Billing to inform customers that their subscription is being cancelled. It includes the date of cancellation, the reason for cancellation, and any applicable fees or refunds. 
  
  How to use it: 
  Cancellation notices are sent out when a customer requests to cancel their subscription or when SAP CEC-SAL-SB Subscription Management and Billing decides to cancel a subscription due to non-payment or other reasons. The customer will receive the cancellation notice via email or post. 
  
  Tips & Tricks: 
  It is important to read the cancellation notice carefully and understand the terms and conditions of the cancellation. Customers should also make sure to follow any instructions in the notice, such as returning any equipment or making any payments that are due. 
  
  Related Information: 
  For more information about SAP CEC-SAL-SB Subscription Management and Billing, please visit the official website at https://www.sap.com/products/cec-sal-sb.html.