What is 'premise' in SAP IS-U-MD - Master Data?

premise - Overview

• Component: IS-U-MD

• Component Name: Master Data

• Description: An enclosed spatial unit that is supplied with energy, such as an apartment or factory.

premise - Details

• 
  Key Concepts: 
  Premise is a term used in the SAP IS-U-MD Master Data component. It is a physical location where services are provided, such as a customer's home or business. It is used to identify the location of a customer and the services they receive. 
  
  How to use it: 
  In SAP IS-U-MD Master Data, premise is used to identify the location of a customer and the services they receive. It is important to enter accurate premise information in order to ensure that billing and other processes are accurate. 
  
  Tips & Tricks: 
  When entering premise information, it is important to be as detailed as possible. This will help ensure that billing and other processes are accurate. Additionally, it is important to keep the premise information up-to-date in order to ensure accuracy. 
  
  Related Information: 
  For more information on SAP IS-U-MD Master Data, please refer to the SAP Help Portal (https://help.sap.com/viewer/product/IS_U_MD/).