What is company consumption in SAP IS-U-BI - Contract Billing?

SAP Term: company consumption

• Component: IS-U-BI

• Component Name: Contract Billing

• Description: Energy that a utility company uses for its own purposes, such as for lighting its own building. This is different from the energy it uses during the production of energy plant consumption.

Smart SAP Assistant

• Key Concepts: 
  Company Consumption is a feature of the IS-U-BI Contract Billing component of SAP. It allows companies to track and manage their consumption of energy, water, and other utilities. This feature helps companies to better understand their usage patterns and make informed decisions about their energy and water consumption. 
  
  How to use it: 
  Company Consumption can be used to track and manage energy, water, and other utility consumption. It can be used to set up contracts with suppliers, track usage patterns, and generate reports on usage. It also allows companies to set up alerts for when usage exceeds certain thresholds. 
  
  Tips & Tricks: 
  When setting up contracts with suppliers, it is important to ensure that the terms are clearly defined and that the supplier is aware of any changes in usage patterns. Additionally, it is important to regularly review usage reports to ensure that the company is not overspending on energy or water consumption. 
  
  Related Information: 
  The IS-U-BI Contract Billing component of SAP also includes features such as billing, invoicing, and payment processing. Additionally, it can be used to manage customer relationships and provide customer service.