What is settlement unit in SAP LOD-ET - Excise Tax Solution on SAP Cloud Platform, with S/4 integration?

SAP Term: settlement unit

• Component: LOD-ET

• Component Name: Excise Tax Solution on SAP Cloud Platform, with S/4 integration

• Description: Excise Tax Solution on SAP Cloud Platform, with S/4 integrat A specific unit used for reporting purposes of excisable goods. For example, the settlement unit for alcohol or spirits is liter of alcohol.

Smart SAP Assistant

• Key Concepts: 
  A settlement unit is a unit of measure used in the LOD-ET Excise Tax Solution on SAP Cloud Platform, with S/4 integration. It is used to calculate the amount of excise tax due on a particular transaction. The settlement unit is determined by the type of goods being sold and the country in which the transaction takes place. 
  
  How to use it: 
  The settlement unit is used to calculate the amount of excise tax due on a particular transaction. The settlement unit is determined by the type of goods being sold and the country in which the transaction takes place. The settlement unit is then used to calculate the amount of excise tax due on the transaction. 
  
  Tips & Tricks: 
  When calculating the amount of excise tax due on a particular transaction, it is important to ensure that the correct settlement unit is used. This will ensure that the correct amount of excise tax is calculated and paid. 
  
  Related Information: 
  The LOD-ET Excise Tax Solution on SAP Cloud Platform, with S/4 integration, provides detailed information about how to calculate excise taxes for different types of goods and countries. This information can be found in the product documentation or by contacting SAP support.