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Two SettlementPJM201612/06/2016Objectives Describe Settlement process Ahead Market Balancing Market Explain Virtual Transactions and their settlement Inc Offers Dec Bids Unto Congestion TransactionsPJM2016212/06/2016Agenda
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Two settlement is the process of reconciling transactions between two parties to ensure accurate and complete payment.
Any party engaged in a financial transaction that requires reconciliation between two sets of data is required to file two settlement.
Two settlement can be filled out by comparing the details of transactions from both parties and resolving any discrepancies.
The purpose of two settlement is to ensure that both parties involved in a financial transaction agree on the details of the transaction and the amount of payment.
Information such as transaction details, amounts, dates, and any additional terms of the agreement must be reported on two settlement.
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