What is season in SAP IS-U-BI - Contract Billing?

SAP Term: season

• Component: IS-U-BI

• Component Name: Contract Billing

• Description: Division of a year into fixed periods that do not overlap and that add up to exactly one year. Separate conditions apply to each period, which are taken into account in billing. &EXAMPLE& Different prices apply to the winter and summer seasons: Winter season, Oct. 1 - Mar. 31: $0.21 per kWh Summer season, Apr. 1 - Sep. 30: $0.15 per kWh

Smart SAP Assistant

• Key Concepts: 
  Season is a term used in the IS-U-BI Contract Billing component of SAP. It is a period of time that is used to define the billing cycle for a customer. The season can be defined by the customer or by the system, and it can be used to determine when bills are generated and when payments are due. 
  
  How to use it: 
  In order to use seasons in IS-U-BI Contract Billing, you must first define the season in the system. This can be done by setting up a season profile, which will define the start and end dates of the season, as well as any other parameters that need to be set. Once the season profile has been created, it can then be assigned to customers in order to determine their billing cycle. 
  
  Tips & Tricks: 
  When setting up a season profile, it is important to make sure that all of the parameters are set correctly. This will ensure that bills are generated and payments are due on time. Additionally, it is important to keep track of when seasons end and begin so that customers are not billed incorrectly. 
  
  Related Information: 
  For more information on seasons in IS-U-BI Contract Billing, please refer to SAP's documentation on the topic. Additionally, there are many online resources available that provide tips and tricks for setting up and managing seasons in SAP.