What is related date in SAP FS-PM - Policy Management?

SAP Term: related date

• Component: FS-PM

• Component Name: Policy Management

• Description: Date on which unscheduled, event-related processing is to take place. You can create the date with: Manual scheduling Indirect processing in in-force business management RFC Remote Function Call

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• Key Concepts: 
  Related Date is a feature in the FS-PM Policy Management component of SAP that allows users to set a date that is related to the policy. This date can be used to trigger certain actions or events, such as the start or end of a policy. It can also be used to set deadlines for tasks or activities related to the policy.
  
  How to use it: 
  To use the Related Date feature, users must first create a policy in the FS-PM Policy Management component. Once the policy is created, users can then set a related date by selecting the “Related Date” option from the policy’s menu. From there, users can enter a date and time that is related to the policy. 
  
  Tips & Tricks: 
  When setting a related date, it is important to make sure that it is accurate and up-to-date. This will ensure that any actions or events triggered by the related date will occur at the correct time. Additionally, it is important to keep track of any changes made to the related date, as this could affect any actions or events associated with it. 
  
  Related Information: 
  For more information on using the Related Date feature in FS-PM Policy Management, please refer to SAP’s official documentation on the topic. Additionally, there are many online tutorials and resources available that provide step-by-step instructions on how to use this feature.