What is commitment value in SAP SAP-LEGAL - Global Field Legal?

SAP Term: commitment value

• Component: SAP-LEGAL

• Component Name: Global Field Legal

• Description: A prepayment value and Customer commitment to a minimum value of expenditure.

Smart SAP Assistant

• Key Concepts: 
  Commitment value is a feature of the SAP-LEGAL Global Field Legal component that allows users to track and manage their legal commitments. It provides a single source of truth for all legal commitments, allowing users to easily access and manage them. The commitment value is calculated based on the legal commitments entered into the system. 
  
  How to use it: 
  To use the commitment value feature, users must first enter their legal commitments into the system. This can be done manually or through an automated process. Once the commitments are entered, the commitment value will be calculated and displayed in the system. Users can then use this value to track and manage their legal commitments. 
  
  Tips & Tricks: 
  When entering legal commitments into the system, it is important to ensure that all relevant information is included. This will ensure that the commitment value is accurate and up-to-date. Additionally, users should regularly review their commitment values to ensure that they are up-to-date and accurate. 
  
  Related Information: 
  For more information on the SAP-LEGAL Global Field Legal component, please visit the SAP website at https://www.sap.com/products/legal-global-field-legal.html. Additionally, for more information on how to use the commitment value feature, please refer to the SAP Help documentation at https://help.sap.com/viewer/product/SAP_LEGAL_GLOBAL_FIELD_LEGAL/latest/en-US/.