What is 'contract date' in SAP SRD-CRM-ORD - CRM-Orders & Contracts?

contract date - Overview

• Component: SRD-CRM-ORD

• Component Name: CRM-Orders & Contracts

• Description: A date that documents when a contract was signed. It is used for reporting.

contract date - Details

• 
  Key Concepts: 
  Contract date is a field in the SAP system that stores the date when a contract was created. It is used to track the start and end dates of contracts, as well as any changes that have been made to them. The contract date is stored in the SRD-CRM-ORD CRM-Orders & Contracts component of SAP. 
  
  How to use it: 
  The contract date can be used to track the start and end dates of contracts, as well as any changes that have been made to them. It can also be used to generate reports on contracts and their associated data. To access the contract date field, go to the SRD-CRM-ORD CRM-Orders & Contracts component in SAP and select the “Contract Date” field. 
  
  Tips & Tricks: 
  When entering a new contract into SAP, make sure to enter the correct contract date. This will ensure that all associated data is accurately tracked and reported on. Additionally, it is important to keep track of any changes that are made to existing contracts, as these will also be reflected in the contract date field. 
  
  Related Information: 
  For more information on how to use the contract date field in SAP, please refer to the official SAP documentation here: https://help.sap.com/viewer/product/SRD_CRM_ORD/latest/en-US/f8d9f3c7a2b14e6f9a7d3c8b2f5e4d1a.html