What is rate requirement in SAP (IS-M-AM - Advertising Management)?

SAP Term: rate requirement

• Component: IS-M-AM

• Component Name: Advertising Management

• Description: List of advertising services that have restricted contract relevance.

Smart SAP Assistant

• Key Concepts: 
  Rate Requirement is a feature in SAP IS-M-AM Advertising Management that allows users to set up rate requirements for advertising campaigns. This feature allows users to define the rate requirements for each campaign, such as the minimum and maximum rates, the currency, and the payment terms. This helps ensure that campaigns are properly budgeted and that the rates are competitive. 
  
  How to use it: 
  To use Rate Requirement in SAP IS-M-AM Advertising Management, users must first create a rate requirement for each campaign. This can be done by selecting the “Rate Requirement” option from the main menu. From there, users can enter the desired rate requirements for each campaign, such as the minimum and maximum rates, the currency, and the payment terms. Once all of the rate requirements have been entered, users can save them and they will be applied to all campaigns associated with that rate requirement. 
  
  Tips & Tricks: 
  When setting up rate requirements in SAP IS-M-AM Advertising Management, it is important to ensure that all of the rate requirements are accurate and up-to-date. This will help ensure that campaigns are properly budgeted and that the rates are competitive. Additionally, it is important to review all of the rate requirements periodically to ensure that they are still valid and relevant. 
  
  Related Information: 
  For more information on Rate Requirement in SAP IS-M-AM Advertising Management, please refer to the official SAP documentation at https://help.sap.com/viewer/product/IS_M_AM/1/en-US/f8d7f9a2b3e14c8a9f3d7c6b2f5e4d6a.html