Regarding configuration of "Parameters for determining the basic dates"

Hi All,

Can anyone give inputs in which scenario we need to use the configuration "Parameters for determining the basic dates".

1)Do we have any restrictions for usage of above IMG configuration, 2) any pre-requisites to use the configuration of "Parameters for determining the basic dates" and 3)does configuration of this task is having any integration with any other modules, if yes what is the point of integration with other modules.

Thanks in advance.