What is basic dates in SAP PS - Project System?

SAP Term: basic dates

• Component: PS

• Component Name: Project System

• Description: The dates in a project that are binding in the scheduling of the WBS elements. You can maintain basic dates in one of the following ways: By entering them manually By taking them from the earliest basic start date and the latest basic finish date of the activities assigned to the WBS element.

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• Key Concepts: 
  Basic dates are used in the Project System (PS) component of SAP to define the start and end dates of a project. They are used to determine the duration of a project, as well as to plan and control the progress of the project. Basic dates are also used to calculate the costs associated with a project. 
  
  How to use it: 
  In order to use basic dates in SAP, you must first create a project in the PS component. Once the project is created, you can enter the start and end dates for the project. These dates will be used to calculate the duration of the project, as well as to plan and control its progress. You can also use basic dates to calculate the costs associated with a project. 
  
  Tips & Tricks: 
  When entering basic dates for a project, it is important to ensure that they are accurate and up-to-date. This will help ensure that your project is planned and controlled correctly. Additionally, it is important to keep track of any changes that may occur during the course of a project, as these changes may affect the basic dates and associated costs. 
  
  Related Information: 
  For more information on using basic dates in SAP, please refer to SAP Help documentation or contact your local SAP support team. Additionally, there are many online resources available that provide detailed information on using basic dates in SAP.