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

SAP Term: sidetrack code

• Component: IS-OIL-PRA

• Component Name: Production and Revenue Accounting

• Description: The eleventh and twelfth digits of the American Petroleum Institute API number that identifies each sidetrack uniquely for the well.

Smart SAP Assistant

• Key Concepts: 
  Sidetrack code is a feature of the IS-OIL-PRA Production and Revenue Accounting component of SAP. It is used to identify and track the production and revenue of a particular well or group of wells. The sidetrack code is assigned to each well or group of wells, and it is used to track the production and revenue associated with that well or group of wells. 
  
  How to use it: 
  The sidetrack code is assigned to each well or group of wells when they are first created in SAP. This code can then be used to track the production and revenue associated with that well or group of wells. The sidetrack code can be used in reports, queries, and other analysis tools to identify and track the production and revenue associated with a particular well or group of wells. 
  
  Tips & Tricks: 
  It is important to ensure that the sidetrack code is assigned correctly when creating a new well or group of wells in SAP. This will ensure that the production and revenue associated with that well or group of wells can be accurately tracked. Additionally, it is important to keep track of any changes made to the sidetrack code for a particular well or group of wells, as this could affect the accuracy of the production and revenue tracking. 
  
  Related Information: 
  The IS-OIL-PRA Production and Revenue Accounting component of SAP also includes features such as cost accounting, inventory management, and financial reporting. Additionally, there are other components within SAP that can be used to track production and revenue, such as IS-OIL-PRA Production Planning & Scheduling.