What is date calculation procedure in SAP CRM-MKT-MPL-LOY - Loyalty Marketing?

SAP Term: date calculation procedure

• Component: CRM-MKT-MPL-LOY

• Component Name: Loyalty Marketing

• Description: An defined interval of time after an input date that is used to determine an action date.

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• Key Concepts: 
  Date calculation procedure is a feature of the SAP CRM-MKT-MPL-LOY Loyalty Marketing component that allows users to define and manage the rules for calculating dates. This includes setting up rules for calculating start and end dates, as well as rules for calculating the duration of a loyalty program.
  
  How to use it: 
  To use the date calculation procedure, users must first define the rules for calculating dates. This can be done by selecting the “Date Calculation Procedure” option from the Loyalty Marketing component menu. From there, users can define the rules for calculating start and end dates, as well as rules for calculating the duration of a loyalty program.
  
  Tips & Tricks: 
  When setting up date calculation procedures, it is important to consider how different rules may affect each other. For example, if a rule is set up to calculate the start date of a loyalty program based on a certain date, then any changes to that date will also affect the start date of the loyalty program.
  
  Related Information: 
  The date calculation procedure is closely related to other features of the Loyalty Marketing component, such as loyalty program setup and customer segmentation. It is important to understand how these features interact with each other in order to ensure that all loyalty programs are set up correctly and customers are segmented properly.