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

SAP Term: allowance definition

• Component: IS-CC

• Component Name: SAP Convergent Charging

• Description: Convergent Charging An object that defines which allowance plan and which parameters are used when an allowance is created for an active contract. Allowance definitions are contained and technically maintained in allowance definition tables. These tables can be assigned to charge plans.

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• Key Concepts: 
  Allowance definition is a feature of the IS-CC SAP Convergent Charging component that allows customers to define allowances for their services. An allowance is a set amount of money that can be used to purchase services or products from a provider. The allowance definition feature allows customers to set up allowances for specific services or products, and then track their usage and spending. 
  
  How to use it: 
  The allowance definition feature in IS-CC SAP Convergent Charging can be used to set up allowances for specific services or products. Customers can define the amount of money they want to allocate for each service or product, and then track their usage and spending. The allowance definition feature also allows customers to set up rules for how the allowance should be used, such as when it can be used, how much can be spent at one time, and how often it can be used. 
  
  Tips & Tricks: 
  When setting up an allowance definition in IS-CC SAP Convergent Charging, it is important to consider the customer’s needs and budget. Customers should also consider the rules they want to set up for how the allowance should be used. This will help ensure that the customer is able to get the most out of their allowance. 
  
  Related Information: 
  For more information about IS-CC SAP Convergent Charging and its allowance definition feature, please visit the SAP website at https://www.sap.com/products/convergent-charging.html.