REMIT reporting is mandatory for all energy suppliers. All relevant energy transactions must be reported to the European ACER authority in a precisely defined format (Table 1 and Table 2). The report must be issued, in compliance with certain reporting deadlines, when new contracts are concluded, but also when contracts are amended or cancelled.
Where Sopra Steria has so far only supported its customers in the creation of reports or programming of user exits, cpX.Energy .Sales has now been expanded to include standard functionality to provide data for REMIT reporting.
For all relevant REMIT business transactions, such as changed master data or new invoices, the data required for reporting is collected and automatically exported. REMIT support in cpX.Energy Sales is now available.