What is initial balance in SAP CEC-SAL-SB - Subscription Management and Billing?

SAP Term: initial balance

• Component: CEC-SAL-SB

• Component Name: Subscription Management and Billing

• Description: An initial amount of credit granted with a subscription purchase.

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• Key Concepts: 
  Initial balance is a term used in SAP CEC-SAL-SB Subscription Management and Billing. It is the amount of money that is initially credited to a customer's account when they first subscribe to a service. This initial balance can be used to pay for services or products that the customer purchases. 
  
  How to use it: 
  The initial balance is set up when a customer first subscribes to a service. The customer's account will be credited with the initial balance amount, which can then be used to pay for services or products that the customer purchases. The initial balance can also be adjusted at any time, depending on the customer's needs. 
  
  Tips & Tricks: 
  It is important to keep track of the initial balance in order to ensure that customers are not overcharged for services or products. Additionally, it is important to make sure that the initial balance is adjusted as needed in order to ensure that customers are not undercharged for services or products. 
  
  Related Information: 
  The initial balance is just one of many features of SAP CEC-SAL-SB Subscription Management and Billing. Other features include billing cycles, payment methods, and subscription management. Additionally, SAP CEC-SAL-SB Subscription Management and Billing can be integrated with other SAP products such as SAP ERP and SAP CRM.