What is advance in SAP CRM-IM-IPM - Intellectual Property Management?

SAP Term: advance

• Component: CRM-IM-IPM

• Component Name: Intellectual Property Management

• Description: A minimum sum minimum guarantee is agreed in the contract. License revenues, which result from this contractual agreement, must reach this total. Once the agreed validity period is over, payments made are compared with the minimum sum in the final invoice. If the payments made are less than the minimum sum, the difference amount is requested. The minimum sum can also become due in advance advance.

Smart SAP Assistant

• Key Concepts: 
  Advance is a feature in SAP CRM-IM-IPM Intellectual Property Management that allows users to quickly and easily register intellectual property rights. It provides a secure and efficient way to manage the registration process, from filing the application to obtaining the registration certificate. 
  
  How to use it: 
  Advance can be used to register intellectual property rights such as patents, trademarks, copyrights, and designs. It provides a secure and efficient way to manage the registration process, from filing the application to obtaining the registration certificate. The user can also track the progress of their applications and view the status of their registrations. 
  
  Tips & Tricks: 
  When using Advance, it is important to ensure that all information is accurate and up-to-date. This will help ensure that the registration process is completed quickly and efficiently. Additionally, users should take advantage of the tracking features available in Advance to stay informed about the progress of their applications. 
  
  Related Information: 
  For more information about Advance, please visit SAP’s website at https://www.sap.com/products/crm-im-ipm-intellectual-property-management.html. Additionally, users can find helpful tutorials and resources on SAP’s YouTube channel at https://www.youtube.com/user/SAPTV.