04-19-2012 9:48 AM
Hi experts,
Can anybody explain me with example what the diference is between Billing procedure and Budget billing procedure in IS-U ?
I have read lot on the forum and on the net but IT's not really clear for me.
Thanks in advance,
Thierno
04-19-2012 10:01 AM
Hi,
I will try to explain in short and simple.
Billing procedure means billing a customer based on his consumption based on the billing term like monthly, quarterly , six monthly or annually. The taxes are added in the invoice.
Budget billing gives an facility to the business partner to pay the bills in installments.
Like a budget billing plan can have 12 terms for 12 months, or 4 terms for every quarter, the business partner pays as per this term and at the end of year there will be a final bill, in which plus/minus of payments are considered.
I hope this will help you to understand the concept.
Regards
Sachin
04-19-2012 10:32 AM
Thank you sachin, it's more clear now for me.
What is then the difference between: statistical posting or debit entry in the budget billing procedure ?
What is the impact on FI-CA
Thanks a lot
thierno
04-19-2012 9:49 PM
Hi,
Have a look at the SAP Help for Budget Billing:
http://help.sap.com/erp2005_ehp_05/helpdata/en/c4/02693582f4db60e10000009b38f889/frameset.htm
Hopefully it helps clarify.
Regards,
Ivor M.