What is match date in SAP FIN-FSCM-CMM-BR - ?

SAP Term: match date

• Component: FIN-FSCM-CMM-BR

• Component Name:

• Description: SAP Broker Reconciliation for Commodity Derivatives Indicates the date on which the long and short trades were matched on the exchange.

Smart SAP Assistant

• Key Concepts: 
  Match Date is a term used in SAP Financial Supply Chain Management (FSCM) Credit Management (CMM) Business Rules (BR). It is the date used to determine whether a payment is considered late or on time. The match date is usually the due date of the invoice, but it can also be the date of receipt of payment. 
  
  How to use it: 
  The match date is used to determine whether a payment is considered late or on time. If the payment is received after the match date, then it is considered late and may incur a penalty. The match date can be set manually or automatically based on the due date of the invoice. 
  
  Tips & Tricks: 
  It is important to set the match date correctly in order to ensure that payments are not incorrectly classified as late. It is also important to ensure that payments are received before the match date in order to avoid any penalties. 
  
  Related Information: 
  The match date can be used in conjunction with other SAP FSCM CMM BR features such as credit limits and payment terms. It can also be used to trigger automated processes such as dunning letters and interest calculations.