What is 'closed' in SAP CEC-SAL-SB - Subscription Management and Billing?

closed - Overview

• Component: CEC-SAL-SB

• Component Name: Subscription Management and Billing

• Description: A status that indicates that a bill can no longer be changed. Closed bills can be transferred to invoicing.

closed - Details

• 
  Key Concepts: 
  Closed is a status in the CEC-SAL-SB Subscription Management and Billing component of SAP. It indicates that a subscription has been completed and no further changes can be made to it. This status is used to ensure that all subscription-related activities are tracked and accounted for.
  
  How to use it: 
  When a subscription is created in the CEC-SAL-SB Subscription Management and Billing component, it will be given an initial status of “Open”. As the subscription progresses, its status can be changed to “Closed” when all activities related to the subscription have been completed. This will ensure that all activities related to the subscription are tracked and accounted for.
  
  Tips & Tricks: 
  It is important to remember to change the status of a subscription from “Open” to “Closed” when all activities related to the subscription have been completed. This will ensure that all activities related to the subscription are tracked and accounted for.
  
  Related Information: 
  For more information on the CEC-SAL-SB Subscription Management and Billing component of SAP, please refer to the official SAP documentation.