What is ownership in SAP IS-OIL-UOM-OWN - UOM Ownership?

SAP Term: ownership

• Component: IS-OIL-UOM-OWN

• Component Name: UOM Ownership

• Description: Ownership information for assets from oil and gas production. Using divisions of interest for ownership, you can obtain information about the share of producion, partner share, and royalty share.

Smart SAP Assistant

• Key Concepts: 
  Ownership in SAP is a concept that allows users to assign ownership of a unit of measure (UOM) to a specific company code. This allows the company code to control the UOM and its associated data, such as conversion factors and descriptions. The IS-OIL-UOM-OWN UOM Ownership component in SAP is used to manage the ownership of UOMs. 
  
  How to use it: 
  To assign ownership of a UOM to a company code, the user must first create a new UOM in the system. Once the UOM is created, the user can then assign it to a company code using the IS-OIL-UOM-OWN component. The user can also view and edit existing UOMs and their associated data using this component. 
  
  Tips & Tricks: 
  When assigning ownership of a UOM to a company code, it is important to ensure that the correct company code is selected. This will ensure that the correct data is associated with the UOM and that it can be used correctly by other users in the system. 
  
  Related Information: 
  For more information on how to use the IS-OIL-UOM-OWN component, please refer to SAP's official documentation on the topic. Additionally, there are many online resources available that provide detailed tutorials on how to use this component.