What is deduction in SAP CRM-IPS - Public Sector?

SAP Term: deduction

• Component: CRM-IPS

• Component Name: Public Sector

• Description: An optional process step that reduces the amount of a benefit payment, and channels the subtracted amount to another party, for example, to the Rental Association. A deduction is based on a deduction plan with deduction plan items.

Smart SAP Assistant

• Key Concepts: 
  Deduction is a feature of the CRM-IPS Public Sector component of SAP software. It allows users to deduct a certain amount from an invoice or payment, such as taxes or discounts. This deduction can be applied to a single invoice or payment, or it can be applied to multiple invoices or payments.
  
  How to use it: 
  To use the deduction feature in the CRM-IPS Public Sector component of SAP software, users must first select the invoices or payments they wish to deduct from. Then, they must enter the amount of the deduction and select the type of deduction (e.g., tax or discount). Finally, they must click “Apply” to apply the deduction.
  
  Tips & Tricks: 
  When using the deduction feature in the CRM-IPS Public Sector component of SAP software, it is important to double-check that the correct amount and type of deduction have been applied. Additionally, users should be aware that deductions can only be applied to invoices or payments that have not yet been paid.
  
  Related Information: 
  For more information about deductions in the CRM-IPS Public Sector component of SAP software, users can refer to the official SAP documentation or contact their local SAP support team.