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Component: SAP-LEGAL
Component Name: Global Field Legal
Description: A condition between two entities whereby either controls the other directly or indirectly or both are controlled directly or indirectlyor both are controlled directly or indirectly by the same entity.
Key Concepts: Common control is a feature of SAP-LEGAL Global Field Legal that allows users to manage legal documents and processes across multiple countries and regions. It enables users to create, store, and manage legal documents in a single, centralized repository. This helps to ensure compliance with local laws and regulations. How to use it: To use common control, users must first create a legal document template in the SAP-LEGAL Global Field Legal system. This template can then be used to generate legal documents for different countries or regions. The documents can be stored in the centralized repository and accessed by authorized users. Tips & Tricks: When creating a legal document template, it is important to ensure that all relevant information is included. This will help to ensure that the document is compliant with local laws and regulations. Additionally, it is important to keep the template up-to-date with any changes in the law or regulations. Related Information: For more information on common control in SAP-LEGAL Global Field Legal, please refer to the official documentation on the SAP website. Additionally, there are many online resources available that provide tips and tricks for using common control effectively.