The purpose ofSAP Billing represents the final processing stage for a business transaction in Sales and Distribution. Information on billing is available at every stage of Order processing and delivery processing.
This component includes the following functions,
1), Creation of
Invoices based on deliveries or Services
Issue Credit and debit memos
2), Cancel SAP Billing transactions
3), Comprehensive pricing functions
4), Issue rebates
5), Transfer SAP billing data to Financial Accounting (F1)
Definition :Umberla term of Invoices, credit memos, debit memos, pro forma invoices and cancellation documents.
Use :The SAP Billing document is created with reference to a proceeding document, in order to create an invoice or credit memo, for example
The SAP Billing document contains the following data:
All SAP billing documents have the same structure. The are made up of a document header and any number of items. The following figure shows how billing documents are structured.
In the header, you find general data valid for the entire SAP billing document,
1), Identification number of the payer
2), Billing data
3), Net value of the entire billing document
4), Document Currency
5), Terms of payment and Incoterms
6), Partner numbers, such as the identification number of the sold-to party