cancel
Showing results for 
Search instead for 
Did you mean: 

Bill customer on monthly basis.

former_member242511
Participant
0 Kudos

Hi Gurus.

I want one Order(12 lacs) against i need to bill him 1 bill a month(1 lacs each).

in a year 12 bills need to be generated.

Shall i go for Value Contract?

Reg,

Antaa21

Accepted Solutions (1)

Accepted Solutions (1)

former_member183879
Active Contributor
0 Kudos

Hi,

You can either go for a value contract or a Scheduling agreement.

In either of these cases, you have to implement the periodic billing with the value of Rs.1lakh permonth. This billing plan should be enabled in these documents so that the plan of billing is updated in the source document itself. Then when you create the billing document at month end for this document, it will automatically take Rs.1lakh for invoicing.

You have to explore on periodic billing for the configuration.

Answers (1)

Answers (1)

Former Member
0 Kudos

Hi,

If delivery-related, you may consider using Scheduling Agreement function - maintain one line item for 12 lacs, then in Schedule Line --> maintain 1 lacs each with the specific date (i.e. on monthly basis)..

With the same Order.. you are now able to carry out Delivery and immediately perform a Billing (w.r.t. Delivery) on monthly basis..

Hope this helps.

Thanks.