What is customer affiliate in SAP SAP-LEGAL - Global Field Legal?

SAP Term: customer affiliate

• Component: SAP-LEGAL

• Component Name: Global Field Legal

• Description: Any legal entity in which a Customer, directly or indirectly, holds more than fifty percent 50% of the shares or voting rights.

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• Key Concepts: 
  A customer affiliate is a legal entity that is affiliated with a customer. It is used to manage the legal relationships between the customer and its affiliates. The SAP-LEGAL Global Field Legal component is used to manage the legal relationships between customers and their affiliates. 
  
  How to use it: 
  The SAP-LEGAL Global Field Legal component can be used to create, maintain, and view customer affiliates. It allows users to define the legal relationships between customers and their affiliates, such as ownership, control, and other legal relationships. 
  
  Tips & Tricks: 
  When creating a customer affiliate, it is important to ensure that all relevant information is included in the record. This includes the name of the affiliate, its address, contact information, and any other relevant information. 
  
  Related Information: 
  The SAP-LEGAL Global Field Legal component can also be used to manage other legal relationships such as contracts, agreements, and licenses. It can also be used to manage compliance with laws and regulations.