open billing docs

[Former Member]

hi,

in VF05, there is an option open billing docs.

may i know how can be qualified as open billing docs?

thanks

rgds

[Former Member · Accepted solution]

Hi,

The billing documents that were not posted to finance are called as open billing document. When we create a billing document the accounting document will be created automatically. The customer account is debited and sales account is credited. Then only the books of account will show that the receivable amount from this customer. In some cases, the accounting document is not posted. For example, for a particular billing document type, you may require to check the billing document and then post. In that case the billing document type is configured accordingly (Posting block is ticked in general control). In this case, the accounting document is not created while creating billing document. The accounting document will be released by another transaction.

Regards,

K Bharathi

[Lakshmipathi]

Whatever billing documents you see in VFX3, the same can be seen in VF05 open billing documents. As you would be aware, VFX3 is to release all billing documents to FI.

thanks

G. Lakshmipathi