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How to install license

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Dear All,

i want to know the steps for how can i install license through slicense t-code.

As i have to again install it just because for wrong data at sap market place i had generate new license key for my server as it is wrongly set under ERP 2004 product version while it comes under ERP 2006.

So for that i request for new key and i want to apply.....

can any one provide me the steps how can i apply it through slicense  t-code.....

What is the role here for hardware key ....

old hardware key will be the ok?

or else i have to need new one?

If yes...please tell me...

Consider me fresher for that so please share all steps....

 

Thanks & Regard

Dik


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