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

SAP Term: withdrawal

• Component: CEC-SAL-SB

• Component Name: Subscription Management and Billing

• Description: The retraction by a customer of their agreement to hold a subscription. Customers can withdraw from a subscription without penalty during the withdrawal period.

Smart SAP Assistant

• Key Concepts: 
  Withdrawal is a feature of SAP CEC-SAL-SB Subscription Management and Billing that allows customers to cancel their subscription and receive a refund for the unused portion of their subscription. Withdrawal is initiated by the customer and can be done at any time during the subscription period. 
  
  How to use it: 
  To initiate a withdrawal, customers must log into their account and select the “Withdrawal” option. They will then be prompted to enter their payment information and confirm the withdrawal. Once the withdrawal is complete, the customer will receive a refund for the unused portion of their subscription. 
  
  Tips & Tricks: 
  It is important to note that withdrawals are only available for subscriptions that have not yet expired. Additionally, customers should be aware that some subscriptions may have additional fees associated with withdrawals. 
  
  Related Information: 
  For more information on SAP CEC-SAL-SB Subscription Management and Billing, please visit the SAP website or contact your local SAP representative.