What is 'settlement period' in SAP IS-U-EDM - Energy Data Management?

settlement period - Overview

• Component: IS-U-EDM

• Component Name: Energy Data Management

• Description: Period during which settlement takes place.

settlement period - Details

• 
  Key Concepts: 
  Settlement period is a term used in SAP IS-U-EDM Energy Data Management. It is a period of time during which energy consumption data is collected and analyzed. The data collected during the settlement period is used to calculate energy costs and determine billing amounts. 
  
  How to use it: 
  In SAP IS-U-EDM Energy Data Management, the settlement period is set up in the system configuration. The length of the settlement period can be adjusted depending on the needs of the organization. The data collected during the settlement period is then used to calculate energy costs and determine billing amounts. 
  
  Tips & Tricks: 
  It is important to ensure that the settlement period is set up correctly in order to accurately calculate energy costs and determine billing amounts. It is also important to ensure that all data collected during the settlement period is accurate and up-to-date. 
  
  Related Information: 
  For more information on SAP IS-U-EDM Energy Data Management, please refer to the official SAP documentation. Additionally, there are many online resources available that provide detailed information on how to use SAP IS-U-EDM Energy Data Management.