Example Periods of Notice: Free Period Regulation (SAP Library

Example Periods of Notice: Free Period Regulation

Starting point

You want to define the following for an unlimited lease-out

for a contract term shorter than 12 months:

A period of notice of one month to the end of the quarter applies

And the notice must be received by the third calendar day of the last possible month of notice, for the period of notice to be valid

and for a contract term greater than 12 months:

A notice period of 14 calendar days to the half-year applies (i.e., receipt of notice must be by 06/17 or 12/18)

And the notice must be received, at the latest, one calendar day after the last possible period of notice (for instance, as a sign of goodwill, receipt of notice is honored up to either 06/18 or 12/19)

Procedure

Enter the following data for the period regulation of the lease-out to reflect the above situation.

Term in months	No.day	CD/WD	FreM	Not.per	NtPerDy	MC	Cal
12	3	1	3	1			01
	1	2	6		14		01
Term in months: Term of lease-out in months No.day: No. of days allowed after period of notice for receipt of notice CD/WD: No. of working or calendar days (1: working days/2: calendar days) FreM: Monthly frequency for which notice can become effective Not.per: Period of notice in months NtPerDy: Period of notice in days MC: Notice effective per end of month? Only set indicator if there is no entry in FreM field. Cal: Type of calendar to be considered, for instance 01 = standard factory calendar for Germany.

Notice process

You enter notices using the notice function ( Tenant changeover ® Notice).

The system automatically calculates the notice date based on the date of receipt of the notice (Receipt of notice field).

Based on the above period regulation, the date of notice is calculated as follows:

Date of receipt

Contract term

= Date of notice

On 3rd working day of month of April 1997

< 12 months

06/30/1997

On 3rd working day of month of April 1997

< 12 months

09/30/1997

06/18/1997

> 12 months

06/30/1997

06/19/1997

> 12 months

12/31/1997

Only after you have activated the notice, is the date of notice (Notice per field) updated in the lease-out concerned.
You can also change the calculated date of notice in the Notice per field (within notice processing) manually, overriding the date calculated by the period regulation.

Date of receipt	Contract term	= Date of notice
On 3rd working day of month of April 1997	< 12 months	06/30/1997
On 3rd working day of month of April 1997	< 12 months	09/30/1997
06/18/1997	> 12 months	06/30/1997
06/19/1997	> 12 months	12/31/1997