What is inception to date in SAP CRM-IM-IPM - Intellectual Property Management?

SAP Term: inception to date

• Component: CRM-IM-IPM

• Component Name: Intellectual Property Management

• Description: Data that has been collected since the start of the contract validity period to the current date or another specified date. The number of pay-per-view viewers of a film can be defined as a basic value. Cumulated basic values are used during pricing for license and royalty payments.

Smart SAP Assistant

• Key Concepts: 
  Inception to date (ITD) is a term used in SAP CRM-IM-IPM Intellectual Property Management. It is a time period that begins with the creation of an intellectual property (IP) asset and ends with the current date. This period is used to track the progress of an IP asset over time, such as its development, usage, and value. 
  
  How to use it: 
  ITD can be used to track the progress of an IP asset from its inception to the present day. This includes tracking its development, usage, and value over time. It can also be used to compare different IP assets and their performance over time. 
  
  Tips & Tricks: 
  When tracking an IP asset's progress over time, it is important to keep accurate records of all changes made to the asset. This will help ensure that the ITD period is accurately tracked and that any changes made are properly documented. 
  
  Related Information: 
  ITD is closely related to other terms such as “lifecycle management” and “intellectual property rights” (IPR). Lifecycle management refers to the process of managing an IP asset from its creation to its eventual disposal or sale. IPR refers to the legal rights associated with an IP asset, such as copyright or patent protection.