What is deduction plan item period in SAP CRM-IPS - Public Sector?

SAP Term: deduction plan item period

• Component: CRM-IPS

• Component Name: Public Sector

• Description: The time span between a deduction start date and a deduction end date of a deduction plan item.

Smart SAP Assistant

• Key Concepts: 
  Deduction plan item period is a component of the CRM-IPS Public Sector module in SAP. It is used to define the period of time for which a deduction plan item is valid. This period can be defined as a fixed date range or as a relative period, such as the current month or the next quarter. 
  
  How to use it: 
  To use the deduction plan item period, first create a deduction plan item in the CRM-IPS Public Sector module. Then, select the “Period” tab and enter the start and end dates for the period. Alternatively, you can select a relative period such as “Current Month” or “Next Quarter”. Once you have entered the period, click “Save” to save your changes. 
  
  Tips & Tricks: 
  When defining a deduction plan item period, it is important to ensure that the start and end dates are correct. If they are not correct, then the deduction plan item may not be applied correctly. Additionally, if you are using a relative period such as “Current Month” or “Next Quarter”, make sure that you update the start and end dates regularly to ensure that they are always accurate. 
  
  Related Information: 
  For more information about using deduction plan item periods in SAP CRM-IPS Public Sector, please refer to the official SAP documentation at https://help.sap.com/viewer/product/CRM_IPS_PUBLIC_SECTOR/7.0/en-US