Understanding Closing Meter Readings

To determine the amount of product that has passed through a meter, use the Multi-Meter Readings program to record the most current closing meter readings. This program enables you to update the throughput volume since it was previously reconciled.

You can enter readings in volume or weight. When you enter a reading, the program retrieves the current tank information and performs volume to weight conversions. The converted quantities are stored in the Multi-Meter Readings table (F41515) and used later for throughput reconciliations.

You update metered throughput by entering closing meter readings for the period. The system multiplies the meter units you enter by the number of units per meter unit in the Meter Master (F41506). For example, the closing reading is 500 and the meter units are 2 liters/unit, then the throughput is 1,000.

If no previous readings exist for a particular meter, the system updates the meter status with an I for inactive and does not calculate throughput for the initial reading. You must enter the initial reading as the closing reading. The system sets the previous reading to equal the closing reading and changes the Reconciliation Yes/No status to Y.

You can enter transactions for a tank before an initial meter reading. Be sure to enter an initial reading date and reading time that is prior to the transaction dates. If the initial meter reading date is not prior to the transaction dates, the system treats the transactions as retroactive (that is, before the last reconciliation) and does not include the transactions in the current reconciliation.

You might need to review or make a change to a meter reading. To locate previous meter readings, enter the date for the readings in the Skip To Date field. The system locates all meter readings from this date to the current date.

The Multi-Meter Readings program enables you to review readings by product or by meter.