What is extended payment in SAP SAP-LEGAL - Global Field Legal?

SAP Term: extended payment

• Component: SAP-LEGAL

• Component Name: Global Field Legal

• Description: Each of the payment amounts set forth in the Extended Payment Addendum.

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• Key Concepts: 
  Extended payment is a feature of SAP-LEGAL Global Field Legal that allows customers to pay for goods and services over an extended period of time. This feature allows customers to spread out the cost of their purchase over a longer period, making it easier to manage their finances. 
  
  How to use it: 
  To use the extended payment feature, customers must first select the option when making their purchase. They will then be presented with a payment plan that outlines the total cost of the purchase and the length of time they have to pay it off. Customers can then choose to accept or reject the payment plan. 
  
  Tips & Tricks: 
  When using extended payment, customers should make sure they understand all of the terms and conditions associated with the payment plan. They should also make sure they are able to make all of the payments on time in order to avoid any late fees or penalties. 
  
  Related Information: 
  For more information about extended payment, customers can contact their local SAP-LEGAL Global Field Legal representative or visit their website for more details.