term allowance processing what is
Meaning of royalty processing allowance. What is it: which one royalty owner's settlement is.

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Definition royalty processing allowance

ROYALTY PROCESSING ALLOWANCE title: royalty processing allowance (IS-OIL-PRA-REV) (SAP Library - Glossary)
ROYALTY PROCESSING ALLOWANCE category: Revenue (IS-OIL-PRA-REV)
ROYALTY PROCESSING ALLOWANCE explained:

A royalty processing allowance is used for situations in which one royalty owner's settlement is based on a lease/plant split that is different from the contractual split with the associated gas plant. An allowance is established for a given plant property/division of interest (DOI) by product and contract.

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