What is 'nominal non-utilization' in SAP FS-MCM - Master Contract Management?

nominal non-utilization - Overview

• Component: FS-MCM

• Component Name: Master Contract Management

• Description: The difference between the global limit and the nominal utilization.

nominal non-utilization - Details

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  Key Concepts: 
  Nominal non-utilization is a feature of SAP FS-MCM Master Contract Management that allows users to track the utilization of a contract in terms of nominal values. This feature allows users to compare the actual utilization of a contract with the nominal value of the contract, and to identify any discrepancies between the two. 
  
  How to use it: 
  In order to use this feature, users must first enter the nominal value of the contract into the system. This can be done by entering the nominal value into the “Nominal Value” field in the contract master data. Once this is done, users can then view the utilization of the contract in terms of nominal values by running a report in SAP FS-MCM Master Contract Management. 
  
  Tips & Tricks: 
  It is important to ensure that the nominal value entered into the system is accurate, as this will affect the accuracy of the utilization report. Additionally, it is important to note that this feature only tracks utilization in terms of nominal values, and does not take into account any other factors such as discounts or taxes. 
  
  Related Information: 
  For more information on SAP FS-MCM Master Contract Management, please refer to SAP’s official documentation on the topic. Additionally, there are many online resources available that provide detailed tutorials and guides on how to use this feature.