What is overage in SAP SAP-LEGAL - Global Field Legal?

SAP Term: overage

• Component: SAP-LEGAL

• Component Name: Global Field Legal

• Description: Overage means any usage of any or all Eligible Cloud Services after the Cloud Credits amount has been fully consumed.

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• Key Concepts: 
  Overage is a term used in SAP-LEGAL Global Field Legal Compliance to refer to the amount of money that a company owes to another party for exceeding the agreed-upon limits of a contract. It is calculated by subtracting the actual amount of money paid from the amount that was agreed upon in the contract. 
  
  How to use it: 
  In SAP-LEGAL Global Field Legal Compliance, overage can be used to track and manage payments that exceed the agreed-upon limits of a contract. This can be done by setting up an overage alert in the system, which will notify users when payments exceed the agreed-upon limits. The system can also be used to calculate the amount of overage owed and generate reports on overage payments. 
  
  Tips & Tricks: 
  It is important to keep track of overage payments in order to ensure that all parties are in compliance with the terms of the contract. To do this, it is recommended that users set up an overage alert in SAP-LEGAL Global Field Legal Compliance and regularly review reports on overage payments. 
  
  Related Information: 
  For more information on SAP-LEGAL Global Field Legal Compliance, please visit https://www.sap.com/products/legal-compliance.html.