What is retention period in SAP LO-RFM - S/4HANA Retail & Fashion Management?

SAP Term: retention period

• Component: LO-RFM

• Component Name: S/4HANA Retail & Fashion Management

• Description: The number of days after which the system automatically deletes an object that has expired. &BEISPIEL& For example, you can use the retention period of expired assortment module versions to define the number of days for which the system retains the assortment module versions after they have expired. If the retention period is greater than 0, the system automatically checks for expired assortment module versions on a periodic basis. If a version’s retention period has passed, the system deletes the corresponding historical data.

Smart SAP Assistant

• Key Concepts: 
  Retention period is a feature in SAP S/4HANA Retail & Fashion Management (LO-RFM) that allows you to define the length of time for which data is stored in the system. This feature helps to ensure that only relevant and up-to-date data is used for reporting and analysis.
  
  How to use it: 
  To use the retention period feature, you must first define the length of time for which data should be stored in the system. This can be done by setting a specific date or by setting a number of days, weeks, or months. Once the retention period has been set, any data older than the specified date or number of days will be automatically deleted from the system.
  
  Tips & Tricks: 
  It is important to note that the retention period feature only applies to certain types of data. For example, it does not apply to customer or supplier data, which must be manually deleted from the system. Additionally, it is important to ensure that the retention period is set correctly so that only relevant and up-to-date data is used for reporting and analysis.
  
  Related Information: 
  For more information about the retention period feature in SAP S/4HANA Retail & Fashion Management (LO-RFM), please refer to the official SAP documentation.