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

SAP Term: settlement unit

• Component: IS-U-EDM

• Component Name: Energy Data Management

• Description: A virtual entity for which a settlement coordinator compares energy used and energy supplied. A settlement unit contains the points of delivery that are to be settled as a group.

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• Key Concepts: 
  Settlement unit is a term used in SAP IS-U-EDM Energy Data Management. It is a unit of measurement used to calculate the amount of energy consumed by a customer. The settlement unit is determined by the energy supplier and is typically based on the type of energy being supplied, such as electricity, gas, or water. 
  
  How to use it: 
  The settlement unit is used to calculate the amount of energy consumed by a customer. This calculation is done by multiplying the amount of energy consumed by the settlement unit. For example, if a customer consumes 1 kilowatt-hour (kWh) of electricity, then the settlement unit would be 1 kWh. 
  
  Tips & Tricks: 
  When calculating the amount of energy consumed by a customer, it is important to ensure that the correct settlement unit is used. This will ensure that the customer is billed accurately for their energy consumption. 
  
  Related Information: 
  Settlement units are also used in other areas of SAP IS-U-EDM Energy Data Management, such as billing and invoicing. It is important to understand how settlement units are used in order to ensure accurate billing and invoicing processes.