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

SAP Term: deduction plan type

• Component: CRM-IPS

• Component Name: Public Sector

• Description: A classification for a deduction plan that is defined by the customer. A deduction plan type usually describes the kind of deduction to be made, or the reason for deduction. &EXAMPLE& Claim deduction could be a deduction plan type that has been specified by the customer.

Smart SAP Assistant

• Key Concepts: 
  A deduction plan type is a component of the CRM-IPS Public Sector module in SAP. It is used to define the rules and parameters for deductions that are made from an invoice. This includes the type of deduction, the amount of the deduction, and the conditions under which it is applied. 
  
  How to use it: 
  The deduction plan type is used to define the rules for deductions that are made from an invoice. This includes the type of deduction, the amount of the deduction, and the conditions under which it is applied. The deduction plan type can be used to set up different types of deductions, such as discounts, taxes, or fees. 
  
  Tips & Tricks: 
  When setting up a deduction plan type, it is important to ensure that all of the parameters are correctly configured. This includes setting up the correct amount of deduction, as well as any conditions that must be met in order for the deduction to be applied. 
  
  Related Information: 
  For more information on setting up a deduction plan type in SAP CRM-IPS Public Sector, please refer to the official SAP documentation.