What is boundry code in SAP IS-OIL-PRA - Production and Revenue Accounting?

SAP Term: boundry code

• Component: IS-OIL-PRA

• Component Name: Production and Revenue Accounting

• Description: A code to indicate whether the contract terms apply to intrastate transactions, interstate transactions, or both types of transactions.

Smart SAP Assistant

• Key Concepts: 
  Boundry code is a feature of the IS-OIL-PRA Production and Revenue Accounting component of SAP. It is used to define the boundaries of a production or revenue accounting area. Boundary codes are used to identify the area in which production or revenue accounting activities take place. 
  
  How to use it: 
  Boundary codes are used to define the boundaries of a production or revenue accounting area. They are used to identify the area in which production or revenue accounting activities take place. Boundary codes can be assigned to production orders, sales orders, and other documents related to production and revenue accounting. 
  
  Tips & Tricks: 
  When assigning boundary codes, it is important to ensure that they are consistent across all documents related to production and revenue accounting. This will help ensure that all activities related to production and revenue accounting are properly tracked and accounted for. 
  
  Related Information: 
  Boundary codes are part of the IS-OIL-PRA Production and Revenue Accounting component of SAP. Other features of this component include cost centers, cost elements, and cost objects. These features can be used in conjunction with boundary codes to further refine the tracking and accounting of production and revenue activities.