What is annual licence fee in SAP SAP-LEGAL - Global Field Legal?

SAP Term: annual licence fee

• Component: SAP-LEGAL

• Component Name: Global Field Legal

• Description: The licence fee payable annually by Partner to SAP.

Smart SAP Assistant

• Key Concepts: 
  An annual licence fee is a payment made to SAP for the right to use their software. It is a one-time fee that must be paid each year in order to continue using the software. The SAP-LEGAL Global Field Legal component is a set of legal documents that govern the use of SAP software and services. 
  
  How to use it: 
  The annual licence fee must be paid in order to continue using the SAP software. This fee is typically paid at the beginning of each year and can be paid online or by mail. The SAP-LEGAL Global Field Legal component must also be accepted in order to use the software. This component includes legal documents such as the End User License Agreement (EULA) and other terms and conditions. 
  
  Tips & Tricks: 
  It is important to keep track of when the annual licence fee is due in order to avoid any disruption in service. Additionally, it is important to read and understand all of the legal documents included in the SAP-LEGAL Global Field Legal component before agreeing to them. 
  
  Related Information: 
  For more information on the annual licence fee, please visit SAP’s website at https://www.sap.com/products/license-fees.html. For more information on the SAP-LEGAL Global Field Legal component, please visit https://www.sap.com/products/legal/global-field-legal.html.