Question

What do you understand by Intercompany Settlement ?

Answer 1

These goods and services which r shared or exchanged between these company codes are reconciled during the month end process. The exchange difference has to be settled by a company code in the way of money transfer this process is known as Intercompany Settlement. ...........

Answer 2

Answer:

Step-by-step explanation:

These goods and services which are shared or exchanged between these company codes are reconciled during the month end process. The exchange difference has to be settled by a company code in the way of money transfer this process is known as intercompany settlement.

key functional area of SAP for Utilities that supports cross-company exchange of settlement data based on international standards such as EDI, XML, and Microsoft Excel.

Intercompany data exchange manages data transfer between retailers, distributors, and independent service operators with special regard to the requirements in deregulated markets.