ISU Payment Plan

[Former Member]

Hello,

Please share the link with exhaustive documenatioon on SAP standard ISU Payment Plan material . Also would like to know the difference between Payment Scheme and Payment plan for Australian Market.

Thanks in advance.

Regards,

Sunil S

[friedrich_keller]

Hi Sunil,

The major difference between payment plan and a payment scheme is that a payment plan is related to a finite number of open items to be payed on a e.g. monthly basis until the debt is payed finally. On the other hand, the validity period of a payment scheme is unrestricted.

Payment plan:

An agreement between the customer and the utility company, which determines the amount to be paid for each bill on agreed dates. The payment plan amount is not necessarily the bill amount. The difference amount between the bill amount and the payment plan amount is fixed and posted. The payment plan is not to be compared with the budget billing plan that is charged between two periodic bills.

Payment Scheme:

The payment scheme is a statistical budget billing procedure. Consumption billing amounts from previous and current billing periods are copied to the payment scheme and distributed evenly over the next billing period. The budget billing amount is determined partially from an extrapolation portion that reflects the expected consumption for the current billing period and partially from the copied consumption billings. It is not necessary to copy consumption billings to the payment scheme in order to use this procedure. If you do copy them, the bills are not paid directly by the customer but during the next billing period when the

payment scheme requests are paid. The payment scheme allows payments to be made in weekly, fortnightly, monthly, quarterly, and yearly cycles. The validity period of a payment scheme is unrestricted. This means that a payment scheme is not ended and another created when you create a periodic bill. Instead, the existing payment scheme is adjusted.

There is a cookbook payment scheme available in [http://service.sap.com/utilities] -> SAP for Utilities (product information) -> IS-U/CCS -> Billing&Invoicing -> Cookbooks&Guidelines.

Kind regards,

Fritz