What is 'transfer of control date' in SAP LE - Logistics Execution?

transfer of control date - Overview

• Component: LE

• Component Name: Logistics Execution

• Description: The date on which the control of goods is transferred from one party to another in the Advanced Intercompany Sales process.

transfer of control date - Details

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  Key Concepts: 
  Transfer of control date is a term used in SAP Logistics Execution (LE) to refer to the date when the goods are transferred from one party to another. This date is used to determine the legal ownership of the goods and is also used for accounting purposes. 
  
  How to use it: 
  The transfer of control date is typically set when goods are shipped from one party to another. This date is then used to determine the legal ownership of the goods and for accounting purposes. The transfer of control date can be set manually or automatically depending on the system configuration. 
  
  Tips & Tricks: 
  It is important to ensure that the transfer of control date is accurate and up-to-date in order to ensure that the legal ownership of the goods is correctly determined. Additionally, it is important to ensure that the transfer of control date is consistent with other dates such as the shipping date and delivery date. 
  
  Related Information: 
  The transfer of control date is closely related to other terms such as shipping date, delivery date, and invoice date. It is important to understand how these terms are related in order to ensure that all relevant information is accurately tracked and reported.