What is calculation point in SAP IS-HER-CM - Student Lifecycle Management?

SAP Term: calculation point

• Component: IS-HER-CM

• Component Name: Student Lifecycle Management

• Description: The point in a SLcM application at which the assigned set of academic performance indexes are calculated.

Smart SAP Assistant

• Key Concepts: 
  Calculation points are used in the IS-HER-CM Student Lifecycle Management component of SAP to define the points in time when certain calculations are performed. These calculations can include tuition fees, financial aid, and other student-related costs. 
  
  How to Use It: 
  Calculation points are used to determine when certain calculations should be performed. For example, a calculation point can be set to trigger a tuition fee calculation at the start of each semester. This ensures that the correct fees are charged for each student. 
  
  Tips & Tricks: 
  When setting up calculation points, it is important to consider the timing of the calculations. For example, if a calculation point is set too early, it may not take into account any changes that occur after the calculation is performed. 
  
  Related Information: 
  Calculation points are closely related to other SAP components such as Financial Aid Management and Student Billing. It is important to understand how these components interact with each other in order to ensure that all calculations are performed correctly.