What is contact closing date in SAP SBO - SAP Business One?

SAP Term: contact closing date

• Component: SBO

• Component Name: SAP Business One

• Description: The date on which discussions with a business partner are concluded.

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• Key Concepts: 
  The contact closing date in SAP Business One (SBO) is the date when a contact record is closed. This date is used to track the status of a contact and can be used to filter contacts in reports. It is important to note that the contact closing date does not necessarily mean that the contact has been deleted, but rather that it has been marked as closed. 
  
  How to use it: 
  The contact closing date can be set manually by the user or automatically by the system. To manually set the contact closing date, open the contact record and select the “Closed” option from the drop-down menu. To automatically set the contact closing date, go to Administration > System Initialization > Contact Closing Date and select the desired date. 
  
  Tips & Tricks: 
  When setting the contact closing date, it is important to remember that this date will be used to filter contacts in reports. Therefore, it is important to ensure that the correct date is selected in order to get accurate results. Additionally, it is important to note that once a contact has been marked as closed, it cannot be reopened. 
  
  Related Information: 
  For more information on setting the contact closing date in SAP Business One (SBO), please refer to the official SAP documentation here: https://help.sap.com/viewer/product/SAP_BUSINESSONE/9.3/en-US/f8d7f2b6a7c14e8a9f3d2b5f1e4d7c2a.html