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PSA Lifting Partner Groups (New) ( RELNPSA_R3E20_LIFTING_PG )

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Short text

PSA Lifting Partner Groups (New)

Use

As of Enterprise 4.70 Extension Set 2.0, Production Sharing Accounting includes the PSA Lifting Partner Groups transaction (Accounting → Production Sharing Accounting → Master Data → PSA Lifting Partner Groups). You use this transaction to create lifting partner groups, which are used in the new Lifting by Terminal (Comp. code independent) transaction to identify which group is responsible for lifting volumes from a terminal. The lifting partner group specified allows the system to divide partners' shares according to the specified crude oil entitlement percentage (COEP). Initially, the system uses the lifting partner group to conduct a split by partner, and then uses the data for all further calculations, as well as the Statement of Storage Entitlement report.

Effects on Existing Data

Effects on Data Transfer

Effects on System Administration

Effects on Customizing

Further Information

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