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

SAP Term: settlement indicator

• Component: IS-EC-CEM

• Component Name: Construction Equipment Management

• Description: An indicator that controls whether ETM basic data and settlement data for the appropriate recipient, standard recipient or dummy recipient is used in settlement.

Smart SAP Assistant

• Key Concepts: 
  Settlement indicator is a feature in SAP IS-EC-CEM Construction Equipment Management that allows users to track the status of a settlement process. It is used to indicate whether a settlement has been completed or not. The indicator can be set to either “open” or “closed”. 
  
  How to use it: 
  The settlement indicator is used to track the status of a settlement process. When a settlement is initiated, the indicator is set to “open”. Once the settlement is completed, the indicator is set to “closed”. This allows users to easily track the progress of a settlement process. 
  
  Tips & Tricks: 
  It is important to remember to update the settlement indicator when a settlement process is completed. This will ensure that all users are aware of the status of the settlement and can easily track its progress. 
  
  Related Information: 
  The settlement indicator is part of SAP IS-EC-CEM Construction Equipment Management, which provides users with an integrated solution for managing construction equipment and related processes. Other features of this module include asset management, cost management, and maintenance management.