What is recovery rate in SAP IS-U-BI - Contract Billing?

SAP Term: recovery rate

• Component: IS-U-BI

• Component Name: Contract Billing

• Description: The amount a customer must pay regularly to a utility company to repay existing debts.

Smart SAP Assistant

• Key Concepts: 
  Recovery rate is a term used in SAP IS-U-BI Contract Billing. It is a percentage that is used to calculate the amount of money that a customer must pay for a service or product. The recovery rate is determined by the customer's contract and can be adjusted as needed. 
  
  How to use it: 
  The recovery rate is used to calculate the amount of money that a customer must pay for a service or product. The recovery rate is determined by the customer's contract and can be adjusted as needed. To adjust the recovery rate, go to the “Contract Billing” tab in SAP IS-U-BI and select “Recovery Rate” from the drop-down menu. Enter the new recovery rate and click “Save” to apply the changes. 
  
  Tips & Tricks: 
  It is important to remember that the recovery rate should be adjusted according to the customer's contract. If the customer's contract changes, make sure to update the recovery rate accordingly. Additionally, it is important to keep track of any changes made to the recovery rate so that you can easily refer back to them in the future. 
  
  Related Information: 
  For more information on SAP IS-U-BI Contract Billing, please refer to SAP's official documentation here: https://help.sap.com/viewer/product/IS_U_BI/latest/en-US