What is model expiry date in SAP SCM-AIN-ACF - Asset Central Foundation?

SAP Term: model expiry date

• Component: SCM-AIN-ACF

• Component Name: Asset Central Foundation

• Description: Specifies the date by when the new generation of the model will be announced by the manufacturer.

Smart SAP Assistant

• Key Concepts: 
  Model Expiry Date is a feature in SAP Asset Central Foundation (SCM-AIN-ACF) that allows users to set a date when a model will no longer be valid. This date can be used to indicate when a model should be retired or replaced. The Model Expiry Date is set by the user and can be changed at any time. 
  
  How to use it: 
  To set the Model Expiry Date, the user must first open the Asset Central Foundation (SCM-AIN-ACF) application. Then, they must select the model they wish to set an expiry date for. Once the model is selected, the user can enter the desired expiry date in the “Model Expiry Date” field. The user can then save their changes and the new expiry date will be applied to the model. 
  
  Tips & Tricks: 
  It is important to note that setting a Model Expiry Date does not automatically retire or replace the model. It is simply a way to indicate when a model should be retired or replaced. It is also important to remember that the Model Expiry Date can be changed at any time, so it is important to keep track of when it was last changed. 
  
  Related Information: 
  For more information on how to use Model Expiry Date in SAP Asset Central Foundation (SCM-AIN-ACF), please refer to SAP’s official documentation on the topic.