About Settlement Items

Settlement items represent end customer accounts. These are market participants for which settlement calculations are performed, and generally correspond to the market participants which subscribe to settlement calculation results via settlement subscriptions.

Settlement items are defined by the following:

• Settlement Item Type: The Settlement Item Type for the settlement item, which defines the business object to use to create the settlement item, the business object to use to capture billed usage for a settlement item (via Settlement Account Billed Usage), and valid service point types.
• Division: The division to which the settlement item belongs
• Access Group: The access group to which the settlement item belongs (used to limit access to records)
• Status: The status of the settlement item
• Start Date/End Date: The date range during which the settlement item is active.
• Main Contact: The main contact for the settlement item.
• Time Zone: The time zone in which the settlement item is active.
• Measuring Components: One or more measuring components directly linked to the settlement item. These are most often aggregation measuring components, but can also include profile measuring components.
• Rate Class: One or more effective-dated rate classes for the settlement item.