What is credit meter in SAP IS-U-BI - Contract Billing?

SAP Term: credit meter

• Component: IS-U-BI

• Component Name: Contract Billing

• Description: A meter that measures energy consumption. The customer receives a bill for the consumption that is read in regular intervals.

Smart SAP Assistant

• Key Concepts: 
  Credit meter is a feature of the IS-U-BI Contract Billing component of SAP. It is used to track the amount of credit that a customer has available for use in a billing period. The credit meter is updated each time a customer makes a payment or receives a credit adjustment. 
  
  How to Use It: 
  The credit meter can be accessed in the IS-U-BI Contract Billing component of SAP. To view the credit meter, go to the “Billing” tab and select “Credit Meter” from the drop-down menu. This will display the current balance of the customer’s credit meter. 
  
  Tips & Tricks: 
  It is important to keep track of the customer’s credit meter balance in order to ensure that they do not exceed their available credit limit. Additionally, it is important to note that any credits or payments made during a billing period will be reflected in the next billing period’s credit meter balance. 
  
  Related Information: 
  For more information on using the credit meter feature in SAP, please refer to the IS-U-BI Contract Billing documentation. Additionally, you can contact your SAP support team for further assistance.