periyodic billing

[former_member681145]

Hi Experts,

Do i know wt are the major difference in _periyodic billing_ while comparing with mille stone billing?

How periyodic bill process in SAP ?

Regards

Ishikesh

[former_member550050 · Accepted solution]

Hi

In SAP at item category level the billing relevance for both of them is I in VOV7

Billing plan type for periodic billing is 02

Billing plan type for milesstone billing is 01

This differenitaes every thing primarily

Hope you are conceptually clear on milesstone and periodic billing differences

Classic example of periodic billing Post paid mobile connection

On the first of every month or the first week of every month we get billing from the service provider for usage charges plus the rental charges

Milesstone billing in construction of a billing of if you buy a flat there is an agreement between bulider and buyer that after finishing this much of work the bill is rised and the money is to be paid

Like after basement is over, a bill is rised

after roofing is over, a bill is rised

Ane after the full building is over the balance qty is billed

Here the bulider can bill us only after the milesstone is over that is after the basement is over like that it goes

Regards

Raja

[former_member681145 · Accepted solution]

Hi Raja,

Thanks for ur reply and i know miles stome process .

But LET ME KNOW more about peryodic billing business process and SAP

Regards

Ishikesh