What is retirement date in SAP IS-EC-CEM - Construction Equipment Management?

SAP Term: retirement date

Component: IS-EC-CEM
Component Name: Construction Equipment Management
Description: The date on which equipment is sold, scrapped or returned to the external rental service.

Key Concepts: Retirement date in SAP IS-EC-CEM Construction Equipment Management is the date when a piece of equipment is no longer in use. This date is used to track the life cycle of the equipment and to determine when it should be replaced. How to use it: The retirement date is entered into the system when the equipment is no longer in use. This date can be used to track the life cycle of the equipment and to determine when it should be replaced. The retirement date can also be used to calculate depreciation and other financial information related to the equipment. Tips & Tricks: It is important to keep track of the retirement date for each piece of equipment in order to accurately track its life cycle and determine when it should be replaced. It is also important to keep track of any changes in the retirement date, as this can affect depreciation calculations and other financial information related to the equipment. Related Information: For more information on SAP IS-EC-CEM Construction Equipment Management, please refer to the official SAP documentation. Additionally, there are many online resources available that provide detailed information on how to use this software.

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