This generic business function provides you with the following functions:
● Accounts management
● Simulation
● Internal bill verification to ensure data integrity
● Reconciliation and settlement
● Data archiving
● Reporting
IS-U/FERC was developed particularly for the US market to satisfy the requirements of the Federal Energy Regulatory Commission (FERC). FERC regulates and monitors the utilities industry in the USA.
The FERC reporting functions help you trace utility expenses to their appropriate state and energy regulatory categories.
The business function uses the following BC sets:
BC Sets
BC Set |
Description |
EA-FRC-AKH |
Adds the FERC entries to the application component hierarchy. |
EA-FRC-MENU |
Adds the FERC entries to the SAP menu. |