What is payment limit in SAP CRM-IU-DSM - Demand Side Management?

SAP Term: payment limit

• Component: CRM-IU-DSM

• Component Name: Demand Side Management

• Description: A maximum payment amount for financial incentives in an agreement. The payment limit is defined in the program.

Smart SAP Assistant

• Key Concepts: 
  Payment limit is a feature in SAP CRM-IU-DSM Demand Side Management that allows users to set a maximum amount of money that can be spent on a particular transaction. This helps to ensure that the user does not overspend and keeps their budget in check. 
  
  How to use it: 
  To use the payment limit feature, users must first set up a payment limit for each transaction. This can be done by entering the maximum amount of money that can be spent on the transaction in the “Payment Limit” field. Once this is done, the user will not be able to spend more than this amount on the transaction. 
  
  Tips & Tricks: 
  It is important to remember that payment limits are only applicable to transactions and not to individual items within a transaction. Therefore, if a user sets a payment limit of $100 for a transaction, they will still be able to purchase items that cost more than $100 as long as the total cost of all items in the transaction does not exceed $100. 
  
  Related Information: 
  The payment limit feature is also available in other SAP products such as SAP ERP and SAP Business Suite. Additionally, users can also set up payment limits for specific customers or vendors in order to ensure that they do not overspend on certain transactions.