Program Event Settlement Transaction and Correction

This new feature introduces an automated process that creates program event settlement transactions as soon as events are completed. It also automatically identifies and recalculates those transactions that are affected by measurement corrections or price changes. This ensures your settlement data remains accurate and up to date, eliminating the need for manual corrections and reducing the risk of billing errors.

You can configure the number of days to wait before creating transactions and specify which program event and participation statuses are eligible. This flexibility allows you to align the automated process with your specific business rules and timelines.

This capability streamlines the customer billing process and ensures that settlement transactions are created without manual intervention. It also ensures that settlement data remains accurate and up-to-date, even if the initial measurements change. By automating this process, you can maintain data integrity and reduce the risk of billing errors.

Steps to Enable

You don't need to do anything to enable this feature.

Tips And Considerations

To configure the Program Event Transaction Correction feature, refer to About Program Event Settlement Transactions in the Oracle Utilities Digital Asset Cloud Service/Digital Asset Management Business User Guide for more information.