What is washout quantity in SAP LO-AGR-STL - Agency Business Document, Settlement, Revenue Recognition?

SAP Term: washout quantity

• Component: LO-AGR-STL

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

• Description: The quantity of a Global Trade Management trading contract that is nullified and is not available for call-off or cancellation due to non-standard settlement washout, string, or circle.

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• Key Concepts: 
  Washout quantity is a term used in the LO-AGR-STL Agency Business Document, Settlement, Revenue Recognition component of SAP. It is a quantity that is used to adjust the revenue recognition of an agency business document. This adjustment is made when the actual quantity of goods or services delivered is different from the quantity that was originally planned. 
  
  How to use it: 
  The washout quantity can be used to adjust the revenue recognition of an agency business document. This adjustment is made when the actual quantity of goods or services delivered is different from the quantity that was originally planned. The washout quantity can be entered in the settlement document and will be used to adjust the revenue recognition accordingly. 
  
  Tips & Tricks: 
  When entering a washout quantity, it is important to ensure that it is entered correctly. This will ensure that the revenue recognition is adjusted correctly and accurately. Additionally, it is important to ensure that all relevant documents are updated with the correct washout quantity. 
  
  Related Information: 
  The washout quantity can be used in conjunction with other SAP components such as LO-AGR-STL Agency Business Document, Settlement, and Revenue Recognition. Additionally, it can be used in conjunction with other SAP components such as LO-AGR-STL Agency Business Document, Settlement, and Revenue Recognition.