What is off-invoice cap in SAP CRM-MKT - Marketing?

SAP Term: off-invoice cap

• Component: CRM-MKT

• Component Name: Marketing

• Description: Maximum dollar value or maximum quantity that can be provided as a discount off the invoice price.

Smart SAP Assistant

• Key Concepts: 
  Off-invoice cap is a feature of SAP CRM-MKT Marketing that allows customers to set a limit on the amount of money they can spend on a particular product or service. This limit is set by the customer and is enforced by the system. The off-invoice cap helps customers manage their spending and ensure that they do not exceed their budget.
  
  How to use it: 
  To use the off-invoice cap feature, customers must first set up an account in SAP CRM-MKT Marketing. Once the account is set up, customers can then set a limit on the amount of money they can spend on a particular product or service. This limit is enforced by the system and will be applied to all purchases made with that account.
  
  Tips & Tricks: 
  When setting up an off-invoice cap, it is important to consider the customer’s budget and spending habits. Customers should also be aware that any purchases made over the limit will be declined by the system. Additionally, customers should be aware that any changes to the off-invoice cap must be made in SAP CRM-MKT Marketing in order for them to take effect.
  
  Related Information: 
  The off-invoice cap feature is part of SAP CRM-MKT Marketing’s suite of features designed to help customers manage their spending and ensure that they do not exceed their budget. Other features include budgeting tools, payment plans, and loyalty programs. Additionally, customers can use SAP CRM-MKT Marketing to track their spending and view detailed reports on their purchases.