What is key date in SAP SBO - SAP Business One?

SAP Term: key date

• Component: SBO

• Component Name: SAP Business One

• Description: A date that is related to a specific act, function, report or transaction.

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• Key Concepts: 
  A key date in SAP Business One (SBO) is a date that is used to control the flow of transactions and documents. It is used to determine when certain activities should be completed, such as when a document should be posted or when a payment should be made. Key dates are also used to track the progress of a project or process. 
  
  How to use it: 
  In SBO, key dates can be set up in the system by entering the date in the “Key Date” field. This field can be found in the “General” tab of the document or transaction. Once the key date is set, it will be used to control the flow of documents and transactions. For example, if a payment is due on a certain date, then the system will automatically post the payment on that date. 
  
  Tips & Tricks: 
  When setting up key dates in SBO, it is important to make sure that they are accurate and up-to-date. This will ensure that all transactions and documents are processed correctly and on time. Additionally, it is important to keep track of key dates so that any changes or updates can be made quickly and easily. 
  
  Related Information: 
  For more information about key dates in SBO, please refer to the SAP Business One User Guide or contact your local SAP representative.