What is collection in SAP TM-ADP-CSL-OTC - Order-to-cash for Container Shipping Liners?

SAP Term: collection

• Component: TM-ADP-CSL-OTC

• Component Name: Order-to-cash for Container Shipping Liners

• Description: A draft drawn on the buyer, usually accompanied by documents, with complete instructions concerning the processing for payment or acceptance.

Smart SAP Assistant

• Key Concepts: 
  Collection is a component of the TM-ADP-CSL-OTC Order-to-cash for Container Shipping Liners. It is used to manage the collection process for container shipping liners. This includes tracking payments, managing customer accounts, and managing disputes. 
  
  How to use it: 
  The Collection component of TM-ADP-CSL-OTC Order-to-cash for Container Shipping Liners can be used to manage the collection process for container shipping liners. This includes tracking payments, managing customer accounts, and managing disputes. The user can also set up payment reminders and payment plans to ensure timely payments. 
  
  Tips & Tricks: 
  When using the Collection component of TM-ADP-CSL-OTC Order-to-cash for Container Shipping Liners, it is important to ensure that all customer accounts are up to date and accurate. This will help ensure that payments are tracked accurately and disputes are managed efficiently. Additionally, setting up payment reminders and payment plans can help ensure timely payments. 
  
  Related Information: 
  The Collection component of TM-ADP-CSL-OTC Order-to-cash for Container Shipping Liners is part of the SAP suite of software solutions. Other components of this suite include Sales & Distribution, Logistics Execution, and Financials & Controlling. For more information on these components, please visit the SAP website.