What is master charge in SAP IS-CC - SAP Convergent Charging?

SAP Term: master charge

• Component: IS-CC

• Component Name: SAP Convergent Charging

• Description: Convergent Charging A charge that includes the main price plan for using a service. Unlike a dependent charge, a master charge cannot be triggered by another charge.

Smart SAP Assistant

• Key Concepts: 
  Master charge is a feature of the IS-CC SAP Convergent Charging component. It allows users to define a set of charges that can be applied to multiple customers or services. This helps to reduce the amount of time and effort required to set up and manage customer billing. 
  
  How to use it: 
  To use master charge, users must first define the charges they wish to apply. This can be done by creating a master charge template, which contains all the necessary information about the charges. Once the template is created, it can be applied to multiple customers or services. 
  
  Tips & Tricks: 
  When creating a master charge template, it is important to ensure that all the necessary information is included. This includes the type of charge, the amount, and any applicable discounts or taxes. Additionally, it is important to ensure that the template is easy to understand and use for customers or services. 
  
  Related Information: 
  For more information on master charge and other features of IS-CC SAP Convergent Charging, please refer to the official SAP documentation. Additionally, there are many online resources available that provide tutorials and tips on how to use this component effectively.