What is reconciliation in SAP IS-U-EDM - Energy Data Management?

SAP Term: reconciliation

• Component: IS-U-EDM

• Component Name: Energy Data Management

• Description: Evaluation of a balance deviation in terms of real value or money. Comparison of amount of electric energy delivered and amount consumed in one period.

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• Key Concepts: 
  Reconciliation in SAP IS-U-EDM Energy Data Management is the process of comparing two sets of records to ensure that the data is accurate and consistent. It is used to identify discrepancies between the two sets of records and to ensure that all data is up-to-date and accurate. 
  
  How to use it: 
  In SAP IS-U-EDM Energy Data Management, reconciliation is used to compare two sets of records, such as customer accounts or energy usage data. The process involves comparing the two sets of records and identifying any discrepancies between them. Once any discrepancies have been identified, they can be corrected and the data can be updated accordingly. 
  
  Tips & Tricks: 
  When performing reconciliation in SAP IS-U-EDM Energy Data Management, it is important to ensure that all data is up-to-date and accurate. This can be done by regularly checking for discrepancies between the two sets of records and correcting any errors as soon as they are identified. 
  
  Related Information: 
  Reconciliation is a key component of data management in SAP IS-U-EDM Energy Data Management. It is also used in other areas such as financial accounting, inventory management, and customer relationship management.