What is power factor adjustment ratio in SAP IS-U-BI - Contract Billing?

SAP Term: power factor adjustment ratio

• Component: IS-U-BI

• Component Name: Contract Billing

• Description: Adjustment ratio determined by comparing the power factor specified in the contract with the calculated power factor cosine phi.

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• Key Concepts: 
  Power factor adjustment ratio is a component of the IS-U-BI Contract Billing module in SAP. It is used to adjust the amount of energy consumed by a customer based on the power factor of the electricity they are using. The power factor is a measure of how efficiently electricity is being used, and the adjustment ratio is used to calculate the amount of energy that should be billed to the customer. 
  
  How to use it: 
  The power factor adjustment ratio can be set up in SAP by going to the IS-U-BI Contract Billing module and selecting the “Power Factor Adjustment Ratio” option. This will open a window where you can enter the desired adjustment ratio for each customer. Once this is done, the system will automatically adjust the amount of energy billed to each customer based on their power factor. 
  
  Tips & Tricks: 
  When setting up the power factor adjustment ratio, it is important to make sure that it is set up correctly for each customer. This will ensure that customers are only billed for the amount of energy they actually use, and not more or less than they should be. 
  
  Related Information: 
  The power factor adjustment ratio is just one component of the IS-U-BI Contract Billing module in SAP. Other components include billing cycles, payment terms, and discounts. All of these components work together to ensure that customers are billed accurately and efficiently for their energy usage.