What is 'level of fulfillment' in SAP FI-CA - Contract Accounts Receivable and Payable?

level of fulfillment - Overview

• Component: FI-CA

• Component Name: Contract Accounts Receivable and Payable

• Description: Describes the extent to which a customers has fulfilled the commitment made in a promise to pay. The level of fulfillment is specified in percent.

level of fulfillment - Details

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  Key Concepts: 
  Level of Fulfillment is a feature in the FI-CA Contract Accounts Receivable and Payable component of SAP. It is used to track the progress of a contract and to determine when it has been fulfilled. The level of fulfillment is based on the amount of goods or services that have been delivered, as well as any other criteria that have been set for the contract. 
  How to Use It: 
  The level of fulfillment can be tracked in SAP by setting up a contract account and assigning it to the contract. The account will then be used to track the progress of the contract and to determine when it has been fulfilled. The level of fulfillment can also be tracked manually by entering the amount of goods or services that have been delivered, as well as any other criteria that have been set for the contract. 
  
  Tips & Tricks: 
  It is important to keep track of the level of fulfillment for each contract in order to ensure that all contracts are fulfilled in a timely manner. Additionally, it is important to review the level of fulfillment periodically in order to ensure that all contracts are being fulfilled according to their terms. 
  
  Related Information: 
  The level of fulfillment can also be used in conjunction with other features in SAP such as payment terms, invoicing, and