What is non-standard settlement in SAP LO-AGR-STL - Agency Business Document, Settlement, Revenue Recognition?

SAP Term: non-standard settlement

• Component: LO-AGR-STL

• Component Name: Agency Business Document, Settlement, Revenue Recognition

• Description: The settlement of trading contracts between counterparties in the form of washouts, circles, cancellation, and de-pricing without the actual movement of goods.

Smart SAP Assistant

• Key Concepts: 
  Non-standard settlement is a process in SAP that allows for the recognition of revenue from an agency business document. This process is used when the revenue recognition criteria are not met by the standard settlement process. 
  
  How to use it: 
  The non-standard settlement process is used when the revenue recognition criteria are not met by the standard settlement process. This process requires the user to enter additional information into the agency business document, such as the date of recognition, the amount of revenue to be recognized, and any other relevant information. Once this information is entered, the system will calculate the amount of revenue to be recognized and will update the agency business document accordingly. 
  
  Tips & Tricks: 
  When using non-standard settlement, it is important to ensure that all of the necessary information is entered correctly. This includes entering the correct date of recognition, amount of revenue to be recognized, and any other relevant information. Additionally, it is important to ensure that all of the necessary documents are attached to the agency business document before submitting it for processing. 
  
  Related Information: 
  For more information on non-standard settlement in SAP, please refer to SAP Help documentation or contact your local SAP support team. Additionally, there are several online resources available that provide detailed instructions on how to use this feature in SAP.