What is burden share in SAP IS-OIL-UOM-OWN - UOM Ownership?

SAP Term: burden share

• Component: IS-OIL-UOM-OWN

• Component Name: UOM Ownership

• Description: The share of production that each working interest owner has to pay to a non-working interest owner out of the total gross production.

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• Key Concepts: 
  Burden share is a concept used in the IS-OIL-UOM-OWN UOM Ownership component of SAP. It is a way of sharing the burden of ownership between two or more entities. This means that each entity is responsible for a portion of the ownership costs, such as maintenance, repairs, and other expenses. 
  
  How to use it: 
  In order to use burden share in SAP, you must first set up the ownership structure. This involves defining the entities that will be involved in the burden share and assigning them a percentage of ownership. Once this is done, you can then assign each entity their portion of the ownership costs. 
  
  Tips & Tricks: 
  When setting up a burden share structure in SAP, it is important to make sure that all entities involved are aware of their responsibilities and obligations. This will help ensure that all parties are held accountable for their portion of the ownership costs. Additionally, it is important to keep track of any changes to the ownership structure so that all parties are aware of any updates or modifications. 
  
  Related Information: 
  For more information on burden share in SAP, please refer to the official SAP documentation on IS-OIL-UOM-OWN UOM Ownership. Additionally, there are many online resources available that provide helpful tips and tricks for setting up and managing burden share structures in SAP.