What is intracompany settlement in SAP TM - Transportation Management?

SAP Term: intracompany settlement

• Component: TM

• Component Name: Transportation Management

• Description: An internal payment between organizations that belong to the same company code in the same enterprise.

Smart SAP Assistant

• Key Concepts: 
  Intracompany settlement is a process in SAP Transportation Management (TM) that allows companies to settle transportation costs between different business units within the same company. This process helps companies to accurately track and manage their transportation costs, as well as to ensure that the costs are allocated correctly. 
  
  How to use it: 
  In order to use intracompany settlement in SAP TM, companies must first set up the necessary parameters in the system. This includes defining the business units that will be involved in the settlement process, as well as setting up the cost elements and cost categories that will be used for the settlement. Once these parameters have been set up, companies can then begin to use intracompany settlement in SAP TM. 
  
  Tips & Tricks: 
  When setting up intracompany settlement in SAP TM, it is important to ensure that all of the necessary parameters are correctly configured. This includes setting up the correct cost elements and cost categories, as well as ensuring that all of the business units involved in the settlement process are correctly defined. Additionally, it is important to ensure that all of the necessary documents and data are available for the settlement process. 
  
  Related Information: 
  For more information on intracompany settlement in SAP TM, please refer to the official SAP documentation on this topic. Additionally, there are a number of online resources available that provide detailed information on how to set up and use intracompany settlement in SAP TM.