What is retention period in SAP LOD-SF-PLT - Platform Foundational Capabilities?

SAP Term: retention period

• Component: LOD-SF-PLT

• Component Name: Platform Foundational Capabilities

• Description: The period of time between the end of the last business activity involvig a specific object and the deletion of the corresponding data, subject to applicable laws or business needs.

Smart SAP Assistant

• Key Concepts: 
  Retention period is a feature of the Platform Foundational Capabilities component of SAP. It is used to define the length of time that data is stored in the system before it is automatically deleted. This helps to ensure that data is not kept for longer than necessary, and that it is kept secure. 
  
  How to use it: 
  Retention period can be set up in the Platform Foundational Capabilities component of SAP. It can be set up for individual data sets, or for all data sets in the system. The length of time that data is stored can be set according to the user's needs. 
  
  Tips & Tricks: 
  It is important to ensure that the retention period is set correctly, as this will help to ensure that data is not kept for longer than necessary. It is also important to ensure that the retention period is regularly reviewed and updated as needed. 
  
  Related Information: 
  For more information on setting up retention periods in SAP, please refer to the official SAP documentation.