What is market location in SAP IS-U-LIB-DE - Germany?

SAP Term: market location

• Component: IS-U-LIB-DE

• Component Name: Germany

• Description: A point at which energy is either generated or consumed. A market location is connected to a network with at least one pipeline. Only the market location is the point of contact for settlement and the change of supplier processes.

Smart SAP Assistant

• Key Concepts: 
  Market Location is a component of the SAP IS-U-LIB-DE Germany module. It is used to store and manage data related to the geographical location of customers, such as their address, city, and country. This data is used to determine the applicable taxes and other regulations for each customer. 
  
  How to use it: 
  Market Location is used to store and manage customer data related to their geographical location. This data can be used to determine the applicable taxes and other regulations for each customer. The data can also be used for marketing purposes, such as targeting customers in specific regions or countries. 
  
  Tips & Tricks: 
  When entering customer data into Market Location, make sure to double-check the accuracy of the information. This will ensure that the correct taxes and regulations are applied to each customer. Additionally, it is important to keep the data up-to-date in order to ensure that customers are being targeted correctly for marketing purposes. 
  
  Related Information: 
  Market Location is part of the SAP IS-U-LIB-DE Germany module. Other components of this module include Customer Master Data, Billing, and Contract Management.