If you plan to use policy objects instead of a local retention policy (which is contained in the configuration file), you can create a retention policy.
As part of creating a retention policy, you can create a backup type and a policy schedule.
Guidelines to define Snap Creator policies
Snap Creator policies are user-defined Snapshot copy retentions that apply to the Snapshot copies on the primary storage and SnapVault and SnapMirror copies on the secondary storage. You can use a policy to define the number of Snapshot copies that you want to retain and the Snapshot copy age.
Creating backup types
You can optionally create a backup type using the Snap Creator GUI to help identify the purpose of a policy.