What is minimum term end date in SAP CEC-SAL-SB - Subscription Management and Billing?

SAP Term: minimum term end date

• Component: CEC-SAL-SB

• Component Name: Subscription Management and Billing

• Description: The end of the period during which a customer is contractually bound to hold a subscription. A subscription cancellation can only become effective on or after this date.

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• Key Concepts: 
  Minimum Term End Date is a feature in SAP CEC-SAL-SB Subscription Management and Billing that allows customers to set a minimum term end date for their subscription. This ensures that the subscription will not end before the specified date, regardless of any changes in the subscription plan or payment terms. 
  
  How to use it: 
  To set a minimum term end date, customers must first log into their SAP CEC-SAL-SB Subscription Management and Billing account. Once logged in, they can navigate to the “Subscriptions” tab and select the subscription they wish to modify. From there, they can select the “Minimum Term End Date” option and enter the desired date. 
  
  Tips & Tricks: 
  When setting a minimum term end date, it is important to consider the customer’s payment terms and subscription plan. If the customer’s payment terms or subscription plan changes before the minimum term end date, then the subscription will still end on the specified date. 
  
  Related Information: 
  For more information on SAP CEC-SAL-SB Subscription Management and Billing, please visit https://help.sap.com/viewer/cec_sal_sb/latest/en-US.