What is 'term period' in SAP CRM-MKT-MPL-CBP - Customer Business Planning?

term period - Overview

• Component: CRM-MKT-MPL-CBP

• Component Name: Customer Business Planning

• Description: The plan is organized into different time periods, classified as actuals period, short-term period, and long-term period.

term period - Details

• 
  Key Concepts: 
  Term period is a component of Customer Business Planning (CBP) in SAP CRM-MKT-MPL. It is used to define the length of a period in which a customer’s business plan is valid. The term period can be set to any length of time, such as one month, one quarter, or one year. 
  
  How to use it: 
  To set up a term period in SAP CRM-MKT-MPL-CBP, go to the “Settings” tab and select “Term Periods”. From there, you can create a new term period by entering the start and end dates for the period. You can also specify the length of the term period, such as one month, one quarter, or one year. 
  
  Tips & Tricks: 
  When setting up a term period in SAP CRM-MKT-MPL-CBP, it is important to make sure that the start and end dates are accurate. This will ensure that your customer’s business plan is valid for the correct length of time. 
  
  Related Information: 
  For more information on setting up term periods in SAP CRM-MKT-MPL-CBP, please refer to the official SAP documentation.