What is allocation cross reference in SAP IS-OIL-PRA-REV - Revenue?

SAP Term: allocation cross reference

• Component: IS-OIL-PRA-REV

• Component Name: Revenue

• Description: A means of creating a connection between contracts and delivery network termination points, which are either measurement points or well completions.

Smart SAP Assistant

• Key Concepts: 
  Allocation Cross Reference is a feature in the IS-OIL-PRA-REV Revenue Recognition component of SAP. It allows users to assign a unique identifier to each revenue recognition item, which can then be used to track and report on the item. This identifier can be used to link the item to other related items, such as contracts, invoices, and other documents. 
  
  How to use it: 
  To use Allocation Cross Reference, users must first create a unique identifier for each revenue recognition item. This identifier can be a combination of letters and numbers, or it can be an existing document number. Once the identifier is created, it must be associated with the item in SAP. This can be done by entering the identifier into the appropriate field in the revenue recognition component. 
  
  Tips & Tricks: 
  When creating identifiers for revenue recognition items, it is important to ensure that they are unique and easy to remember. It is also important to ensure that the identifiers are consistent across all related documents and items. This will make it easier to track and report on the items in the future. 
  
  Related Information: 
  Allocation Cross Reference is just one of many features available in SAP’s IS-OIL-PRA-REV Revenue Recognition component. Other features include revenue recognition rules, invoice processing, and reporting capabilities. For more information about these features, please refer to SAP’s documentation or contact your local SAP representative.