What is rate plan in SAP (IS-CC - SAP Convergent Charging)?

SAP Term: rate plan

• Component: IS-CC

• Component Name: SAP Convergent Charging

• Description: Convergent Charging A set of recurring and usage charges that define how to compute fees for the use of a product or service.

Smart SAP Assistant

• Key Concepts: 
  Rate plans are used in the IS-CC SAP Convergent Charging component to define the pricing structure for services. They are used to determine the cost of services based on usage, such as the number of minutes used or the amount of data transferred. Rate plans can also be used to define discounts or promotions for certain services. 
  
  How to use it: 
  Rate plans are created in the IS-CC SAP Convergent Charging component and can be applied to services. The rate plan defines the pricing structure for each service, such as the cost per minute or per megabyte of data transferred. The rate plan can also be used to define discounts or promotions for certain services. 
  
  Tips & Tricks: 
  When creating a rate plan, it is important to consider the usage patterns of customers and how they will be charged for services. It is also important to consider any discounts or promotions that may be offered. 
  
  Related Information: 
  For more information on rate plans and how they are used in IS-CC SAP Convergent Charging, please refer to the official SAP documentation.