What is split movement-based netting in SAP (IS-OIL-DS-EXG - Exchanges)?

SAP Term: split movement-based netting

• Component: IS-OIL-DS-EXG

• Component Name: Exchanges

• Description: The collection of claims and liabilities of the exchange partners along with the calculated balance at the end of a predefined period.

Smart SAP Assistant

• Key Concepts: 
  Split movement-based netting is a feature of the IS-OIL-DS-EXG Exchanges component of SAP. It allows for the automatic netting of multiple movements between two counterparties, based on the movement type and the split criteria. This helps to reduce manual effort and improve accuracy in the reconciliation process. 
  
  How to use it: 
  Split movement-based netting can be enabled in the IS-OIL-DS-EXG Exchanges component of SAP. Once enabled, it will automatically net multiple movements between two counterparties based on the movement type and the split criteria. This helps to reduce manual effort and improve accuracy in the reconciliation process. 
  
  Tips & Tricks: 
  When setting up split movement-based netting, it is important to ensure that the correct movement types and split criteria are selected. This will ensure that all relevant movements are netted correctly and accurately. Additionally, it is important to regularly review and update the settings to ensure that they remain up to date. 
  
  Related Information: 
  For more information on split movement-based netting, please refer to the SAP Help documentation for IS-OIL-DS-EXG Exchanges. Additionally, there are several online resources available which provide further information on this feature.