What is 'ED-paid' in SAP IS-OIL - SAP for Oil & Gas?

ED-paid - Overview

• Component: IS-OIL

• Component Name: SAP for Oil & Gas

• Description: Industry Solution Oil Status of a material if it is subject to excise duty and the duty has already been paid.

ED-paid - Details

• 
  Key Concepts: 
  ED-paid is a component of the IS-OIL SAP for Oil & Gas Industry. It is an electronic document (ED) that is used to record and track payments made to suppliers. The ED-paid document is used to ensure that all payments are made in a timely manner and that all invoices are properly accounted for. 
  
  How to use it: 
  The ED-paid document is created when a supplier invoice is received. The document contains information about the supplier, the invoice amount, and the payment terms. Once the ED-paid document is created, it can be used to track payments and ensure that all invoices are paid on time. 
  
  Tips & Tricks: 
  It is important to keep track of all ED-paid documents in order to ensure that all payments are made in a timely manner. Additionally, it is important to review the ED-paid documents regularly to ensure that all invoices are properly accounted for. 
  
  Related Information: 
  The ED-paid document is part of the IS-OIL SAP for Oil & Gas Industry. Other components of this system include the IS-OIL Inventory Management System, the IS-OIL Production Management System, and the IS-OIL Financial Management System.