Hi Rajesh Banka

[Former Member]

Hi Rajesh

Can you please elaborate billing plans and their configurations in IMG in billing - billing plan and why we use billing plans,and i doubt that milestone is just like schedule lline agreements where the billing amount is divided in milestone and in schedule line agreement we give the order dates fixed,Then what is the difference between this two .,

Please help me out with any additional doccumentatiojn to narayana.sapsd@yahoo.co.in

Thanks & Regards

Narayana

[Former Member]

hi,

just to add,

Milestone billing is typically used for billing projects, such as plant engineering and construction projects. Such projects often include a series of milestones that mark the completion of different stages of the work. In the SAP R/3 System, milestones are defined in a network along with planned and actual dates for the completion of work. The milestones are also assigned to the billing dates in the billing plan. Each milestone-related billing date is blocked for processing until the Project System confirms that the milestone is completed.

Delivery-relevant order items for which a milestone billing plan applies are billed on the basis of the requested delivery quantity and not on the total of the confirmed quantities.

For each billing date in a milestone billing plan, you can specify whether the billing date is:

fixed

always updated with the actual date of the milestone

updated with the actual date of the milestone, if the date is earlier than the planned billing date for the date

updated with the actual date of the milestone, if the date is earlier than the planned billing date for the date

In case of schedule agreements the delivery dates are fixed and billing would take place depending how the business agreement is between the customer and company. Where as in milestone the delivery might not be fixed but on its takes place on its level of completion.

hope it helps.

Thanks

Sadhu Kishore

[Former Member]

Difference between scheduling agreement & Milestone billing is in scheduling agreement on the said schedule, the delivery & billing will take place, but incase of milestone billing it will have tentitive dates of milestone to be achieved, but will not be billed untill & inless the milestone is achieved. Eg of MIlestone Billing with reference to Implementation Project may be as under (just for illustration purpose)

1. Initial payment during Project Preparation Stage, say 10%

2 On signing off of Business Blueprint document like AS-IS & TO-BE, say 20%

3. On signing off of Realization Phase, say 20%

4. Project Go-Live, say 40%

5. At the end of Post Go-live support, Say 10%

(If you sum the total of %'s it will be 100 %)

Regards,

Rajesh Banka

Reward points if helpful.

Regards,

Rajesh Banka