Billing Types:
• Billing represents the final stage of processing any business transactions in Sales and Distribution.
• The billing information will be maintained in Sales Documents & Delivery Documents.
• It is an application component of Sales & Distribution, It provides following functions.
· Creating invoices against Delivery & service (Order Related)
· Issuing Credit memo & Debit memos
· Prepare pro-forma invoices
· Cancellation of invoices
· Process Rebates.
Billing document:
• Billing document is a generic term for Invoice, Credit Memo, Debit Memo, Proforma Invoice.
Usage: Billing document is created with reference to another preceding document.
Examples: Create invoice against delivery document,
Create a credit memo with respect to credit memo request or with reference to original invoice.
• Billing document has 2 (two) levels.
1. Header
2. Item
Header Level Data:
• Payer details
• Other partners like Sold to party & Bill to party
• Terms of payment
• Inco terms
• Billing date
• Currency
• Account Assignment Group
• Conditions
• Net value / Tax
Item Level Data
• Partner details
• Billing quantity
• Net value & Tax (conditions)
• account assignment group
• Reference of Delivery / Order
• Material number / Description
Though there are several Billing Document Types,
All of them share the same document structure & most important an integration between SD & FI.
When a billing document is saved, the Billing information is released to Accounting
either automatically
Or manually.
Based on this information another document is created.
In financial accounting known as Accounting document unless the accounting document is created,
Billing document remains open.
Sales Order (OR) à Delivery document (LF) à Post Goods issue à Billing document (F2) à Accounting document
30 сен 2024
