What is 'agreed delay of value date after due date' in SAP SRD-FIN-CLM - FIN-Cash and Liquidity Management?

agreed delay of value date after due date - Overview

• Component: SRD-FIN-CLM

• Component Name: FIN-Cash and Liquidity Management

• Description: The agreed number of days after the due date that a bank will credit or debit a bank account when processing a bill of exchange. For example, if you enter two days, the bank will credit the account two days after the due date.

agreed delay of value date after due date - Details

• 
  Key Concepts: 
  Agreed delay of value date after due date is a feature of SAP Cash and Liquidity Management (CLM) that allows customers to agree to a delay in the value date of a payment after the due date. This feature is useful for customers who need more time to make payments or who want to take advantage of better exchange rates. 
  
  How to use it: 
  To use this feature, customers must first agree to the delay with their bank. Once the agreement is in place, customers can enter the agreed delay in the payment document in SAP CLM. The system will then automatically adjust the value date accordingly. 
  
  Tips & Tricks: 
  It is important to note that this feature only applies to payments made through SAP CLM. Payments made outside of SAP CLM will not be affected by this feature. 
  
  Related Information: 
  For more information on SAP Cash and Liquidity Management, please refer to the official SAP documentation at https://help.sap.com/viewer/product/SAP_CLM/latest/en-US.