What is subscription order in SAP CRM-S4-SOM - S4CRM: Subscription Order Management?

SAP Term: subscription order

• Component: CRM-S4-SOM

• Component Name: S4CRM: Subscription Order Management

• Description: A sales document used for recording all business processes for managing subscription-based services.

Smart SAP Assistant

• Key Concepts: 
  Subscription Order Management (SOM) is a component of SAP S/4HANA Cloud that enables customers to manage their subscription orders. It provides a comprehensive view of all subscription orders, including order status, billing information, and payment details. SOM also allows customers to manage their subscription orders in a single place, making it easier to track and manage their subscriptions. 
  
  How to use it: 
  SOM can be used to create and manage subscription orders. Customers can create new orders, view existing orders, and modify existing orders. Customers can also view billing information and payment details for each order. Additionally, SOM provides customers with the ability to track the status of their orders and view any changes that have been made. 
  
  Tips & Tricks: 
  When creating a new subscription order, customers should ensure that all of the necessary information is included in the order. This includes the customer's contact information, billing address, payment method, and any other relevant information. Additionally, customers should ensure that they are aware of any applicable taxes or fees associated with their order. 
  
  Related Information: 
  For more information about Subscription Order Management in SAP S/4HANA Cloud, please refer to the official SAP documentation here: https://help.sap.com/viewer/product/S4CRM_SOM/Cloud/en-US