What is 'funding ID' in SAP SD - Sales and Distribution?

funding ID - Overview

• Component: SD

• Component Name: Sales and Distribution

• Description: A two-position alphanumeric code used within a single contract to represent a customer department that maintains its own budget.

funding ID - Details

• 
  Key Concepts: 
  A Funding ID is a unique identifier used in SAP Sales and Distribution (SD) to identify a customer’s funding source. It is used to track the source of funds for a customer’s purchase and can be used to determine the customer’s eligibility for discounts or other special offers. 
  
  How to use it: 
  In SAP SD, the Funding ID is entered into the customer master record. This allows the system to track the source of funds for each purchase made by the customer. The Funding ID can also be used to determine if the customer is eligible for any discounts or special offers. 
  
  Tips & Tricks: 
  When entering a Funding ID into the customer master record, make sure that it is entered correctly. If it is not entered correctly, it may not be recognized by the system and could lead to incorrect tracking of funds or incorrect eligibility for discounts or special offers. 
  
  Related Information: 
  The Funding ID is related to other SAP SD terms such as Customer Master Record, Discounts, and Special Offers. Understanding how these terms are related can help you better understand how the Funding ID works in SAP SD.