What is internal customer settlement in SAP IS-EC-CEM - Construction Equipment Management?

SAP Term: internal customer settlement

• Component: IS-EC-CEM

• Component Name: Construction Equipment Management

• Description: The internal sold-to party that appears in the order header during internal settlement. It is necessary purely from a sales and distribution point of view it represents the bill-to party and the payer. It has no relevance within a company code in ETM since the providing party or the debited party for example, equipment and WBS element is relevant to postings in FI/CO during settlement. However, it plays an important role in operations across different company codes.

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• Key Concepts: 
  Internal customer settlement is a process in SAP Construction Equipment Management (IS-EC-CEM) that allows customers to settle their internal accounts with each other. This process is used to transfer funds between customers, such as when one customer pays another for services rendered. The process also allows customers to settle their accounts with the company itself.
  
  How to use it: 
  To use internal customer settlement in SAP Construction Equipment Management, the customer must first create an internal customer account. This account will be used to track all transactions between the customer and the company. Once the account is created, the customer can then initiate a settlement request. This request will be sent to the company, which will then process the request and transfer funds between the two accounts.
  
  Tips & Tricks: 
  When using internal customer settlement in SAP Construction Equipment Management, it is important to ensure that all transactions are properly documented and tracked. This will help ensure that all payments are made on time and that any discrepancies can be quickly resolved. Additionally, it is important to keep track of any fees associated with the transaction, such as processing fees or taxes.
  
  Related Information: 
  For more information on internal customer settlement in SAP Construction Equipment Management, please refer to the official SAP documentation. Additionally, there are many online resources available that provide detailed instructions on how to use this feature.