What is 'instruction date' in SAP FS-AM-OM-AC - Account Order?

instruction date - Overview

• Component: FS-AM-OM-AC

• Component Name: Account Order

• Description: Date on which the customer signs an agreement to renew the contract.

instruction date - Details

• 
  Key Concepts: 
  Instruction date is a field in the Account Order Management (FS-AM-OM-AC) component of SAP. It is used to specify the date on which an instruction should be executed. This date can be used to control when an order is processed, when a payment is made, or when a document is sent. 
  
  How to use it: 
  The instruction date can be set in the Account Order Management (FS-AM-OM-AC) component of SAP. It can be used to control when an order is processed, when a payment is made, or when a document is sent. The instruction date can be set manually or automatically based on the system settings. 
  
  Tips & Tricks: 
  When setting the instruction date, it is important to consider the time zone in which the order will be processed. This will ensure that the order is processed at the correct time and that any payments or documents are sent out on time. 
  
  Related Information: 
  The instruction date can be used in conjunction with other fields in the Account Order Management (FS-AM-OM-AC) component of SAP, such as the due date and payment terms. This allows for more precise control over when orders are processed and payments are made.