What is allowance in SAP IS-CC - SAP Convergent Charging?

SAP Term: allowance

• Component: IS-CC

• Component Name: SAP Convergent Charging

• Description: Convergent Charging A customer master data object representing a credit for a service that an end customer can redeem for one or more services on a quantity basis or for a specific amount of time. Example: A customer purchases a credit for 3 GB, which must be used within 30 days.

Smart SAP Assistant

• Key Concepts: 
  Allowance is a feature of the IS-CC SAP Convergent Charging component that allows customers to purchase a certain amount of services or products in advance. This allows customers to pay for services or products in advance and use them as needed. The allowance can be used for any service or product offered by the company, and can be used multiple times until the allowance is exhausted. 
  
  How to Use It: 
  To use the allowance feature, customers must first purchase an allowance package from the company. The package will include a certain amount of services or products that can be used until the allowance is exhausted. Once the package is purchased, customers can use the allowance to purchase any service or product offered by the company. 
  
  Tips & Tricks: 
  When purchasing an allowance package, it is important to consider how much of each service or product will be needed. This will help ensure that the allowance is used efficiently and that customers get the most out of their purchase. Additionally, customers should keep track of their allowance balance to ensure that they do not exceed their limit. 
  
  Related Information: 
  The IS-CC SAP Convergent Charging component also offers other features such as discounts, loyalty programs, and payment plans. Customers should explore these features to find the best option for their needs. Additionally, customers should read up on the terms and conditions associated with each feature to ensure they understand how it works and what their rights are when using it.