Do you have any question about this SAP term?
Stop googling SAP errors. Use our Free Essentials plan instead - no credit card needed. Start Now →
Component: SAP-LEGAL
Component Name: Global Field Legal
Description: The total net payments made by Customer to the applicable supplier during the applicable calendar month.
Key Concepts: Monthly payment is a term used in SAP-LEGAL Global Field Legal to refer to the payment of a certain amount of money on a regular basis, usually once a month. This payment is typically used to cover the costs of services or goods that have been purchased. How to use it: In SAP-LEGAL Global Field Legal, monthly payments can be set up for services or goods that have been purchased. This can be done by entering the amount of the payment, the frequency of the payment (monthly, quarterly, etc.), and the date on which the payment is due. The payment will then be automatically processed on the specified date. Tips & Tricks: When setting up a monthly payment in SAP-LEGAL Global Field Legal, it is important to ensure that the amount and frequency of the payment are accurate. Additionally, it is important to make sure that the date on which the payment is due is correct so that it can be processed on time. Related Information: For more information about setting up monthly payments in SAP-LEGAL Global Field Legal, please refer to the official documentation provided by SAP. Additionally, there are many online tutorials and resources available that provide step-by-step instructions for setting up monthly payments in SAP-LEGAL Global Field Legal.