Stop googling SAP errors. Use our Free Essentials plan instead - no credit card needed. Start Now

Close
  1. SAP Glossary
  2. Gas Billing
  3. gas volume correction factor


What is gas volume correction factor in SAP IS-U-BI-SF-GA - Gas Billing?


SAP Term: gas volume correction factor

  • Component: IS-U-BI-SF-GA

  • Component Name: Gas Billing

  • Description: Conversion factor used for converting an operating volume measured gas quantity into a standard volume.


Smart SAP Assistant

  • Key Concepts: 
    The gas volume correction factor (GVCF) is a component of the SAP IS-U-BI-SF-GA Gas Billing module. It is used to adjust the volume of gas consumed by a customer in order to account for temperature and pressure variations. The GVCF is calculated based on the customer's location, the type of gas being used, and the time of year. 
    
    How to use it: 
    The GVCF is used to calculate the amount of gas consumed by a customer. The GVCF is applied to the customer's actual gas consumption in order to account for temperature and pressure variations. The GVCF is calculated based on the customer's location, the type of gas being used, and the time of year. 
    
    Tips & Tricks: 
    It is important to ensure that the GVCF is updated regularly in order to ensure accurate billing. Additionally, it is important to ensure that the GVCF is applied correctly in order to avoid overcharging or undercharging customers. 
    
    Related Information: 
    The SAP IS-U-BI-SF-GA Gas Billing module also includes other components such as the Gas Volume Adjustment Factor (GVAF) and the Gas Volume Correction Factor (GVCF). These components are used in conjunction with each other in order to accurately calculate a customer's gas consumption. Additionally, there are other components such as the Gas Volume Adjustment Factor (GVAF) and the Gas Volume Correction Factor (GVCF) which are used in conjunction with each other in order to accurately calculate a customer's gas consumption.
    • Do you have any question about this SAP term?


      Upgrade now to chat with this SAP term.

Related SAP Glossary Terms

Click the links below to see the following related SAP glossary terms:
Rating
ERPlingo simplifies finding the accurate answers to SAP message errors. I now use every week. A must have tool for anyone working with SAP! Highly recommended!
Rate 1
Kent Bettisworth
Executive SAP Consultant