What is division of interest in SAP IS-OIL - SAP for Oil & Gas?

SAP Term: division of interest

• Component: IS-OIL

• Component Name: SAP for Oil & Gas

• Description: A subdivision of a venture, based on combined product code. Each venture has one or more divisions of interest. Each division of interest represents an ownership interest situation separate from the other divisions of interest.

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• Key Concepts: 
  Division of Interest (DOI) is a feature in the IS-OIL SAP for Oil & Gas Industry that allows users to divide their interests in a particular asset into different categories. This allows users to track and manage their interests in an asset more effectively. DOI also allows users to assign different levels of access to different users, allowing for more secure and efficient management of assets. 
  
  How to use it: 
  To use Division of Interest, users must first create a DOI record for each asset they wish to track. This record will contain information about the asset, such as its name, type, and owner. Once the record is created, users can assign different levels of access to different users. For example, a user may be given full access to an asset, while another user may only be given read-only access. 
  
  Tips & Tricks: 
  When creating a DOI record, it is important to ensure that all relevant information is included. This will help ensure that the asset is properly tracked and managed. Additionally, it is important to ensure that the correct levels of access are assigned to each user. This will help ensure that the asset is secure and that only authorized users can access it. 
  
  Related Information: 
  Division of Interest is just one of many features available in the IS-OIL SAP for Oil & Gas Industry. Other features include Asset Management, Contract Management, and Financial Management. All of these features can help users manage their assets more effectively and securely.