Accounts Payable Question:

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What do you understand by Intercompany Settlement?

Accounts Payable Interview Question
Accounts Payable Interview Question

Answer:

A 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.

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