1. SAP Glossary
  2. Energy Portfolio Management
  3. deal confirmation


What is deal confirmation in SAP IS-U-EPM - Energy Portfolio Management?


SAP Term: deal confirmation

  • Component: IS-U-EPM

  • Component Name: Energy Portfolio Management

  • Description: A notification sent by a counterparty in acknowledgement of a deal it has received. The deal confirmation contains the transaction number of the deal, the confirmation ID, and deal header data.


Smart SAP Assistant

  • Key Concepts: 
    Deal Confirmation is a feature of SAP IS-U-EPM Energy Portfolio Management that allows users to confirm deals with customers. It enables users to create and manage contracts, track customer payments, and manage customer accounts. The feature also provides a comprehensive view of the customer's energy portfolio, allowing users to make informed decisions about their energy investments. 
    
    How to use it: 
    To use Deal Confirmation, users must first create a contract with the customer. This can be done by entering the customer's details into the system and selecting the type of contract they wish to create. Once the contract is created, users can then enter the details of the deal they wish to confirm with the customer. This includes the terms of the deal, such as pricing, payment terms, and any other relevant information. Once all of the details have been entered, users can then confirm the deal with the customer. 
    
    Tips & Tricks: 
    When creating a contract with a customer, it is important to ensure that all of the details are accurate and up-to-date. This will help ensure that there are no misunderstandings or discrepancies between what was agreed upon and what is actually delivered. Additionally, it is important to keep track of all customer payments and account information in order to ensure that customers are paying on time and in full. 
    
    Related Information: 
    For more information on Deal Confirmation in SAP IS-U-EPM Energy Portfolio Management, please refer to SAP's official documentation here: https://help.sap.com/viewer/product/IS_U_EPM/latest/en-US/f9f8d7a2b3e14c8a9f3d7c2b6f5e4d1a.html
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