What is nominal load in SAP IS-U-BI - Contract Billing?

SAP Term: nominal load

• Component: IS-U-BI

• Component Name: Contract Billing

• Description: Average load for which a meter is designed under normal operating conditions.

Smart SAP Assistant

• Key Concepts: 
  Nominal load is a feature of the IS-U-BI Contract Billing component of SAP. It allows users to define a fixed amount of energy that is to be billed for a contract. This amount is known as the nominal load and is used to calculate the energy consumption for billing purposes. 
  
  How to use it: 
  In order to use the nominal load feature, users must first define the nominal load in the contract master data. This can be done by entering the desired amount of energy in the “Nominal Load” field. Once this is done, the system will automatically calculate the energy consumption for billing purposes based on this value. 
  
  Tips & Tricks: 
  It is important to note that the nominal load should be set to an appropriate value that accurately reflects the expected energy consumption for the contract. If it is set too low, then the customer may be billed for more than they actually used, and if it is set too high, then they may not be billed for all of their usage. 
  
  Related Information: 
  For more information on how to use the nominal load feature in IS-U-BI Contract Billing, please refer to SAP’s official documentation on the subject. Additionally, there are many online tutorials and videos available that provide step-by-step instructions on how to use this feature.