Regarding INVOICE

[Former Member]

Hi friends,

i have a doubt in "INVOICE". What is the difference between "Invoice type" and "invoice list type". These two we are maintaining in "CUSTOMER MASTER", in thtat "SALES AREA " , Iin that "BILLING" .

can any one explain about these two and where we are using, in which business scenario , we are using.

[Former Member]

<u>Invoicing Dates:</u>

Identifies the <b>calendar (company’s)</b> that determines the schedule of billing dates for the customer.

If, for example, a customer wants to consolidate the invoices you send out, you can predefine the billing schedule in a calendar in the system. During billing, the system automatically proposes the appropriate billing date from the calendar.

The system proposes the billing schedule from the customer master record of the payer. You can change the value manually in the sales document.

<u>Invoice List dates (Invoice List Schedule)</u>:

Identifies the <b>customer's factory calendar</b> that is used during the processing of invoice lists.

An invoice list is a list of invoices (single or collective) that you create for the customer either periodically or on predefined dates. The periods and dates are defined in the customer's factory calendar. Typically, the recipient of an invoice list takes on the responsibility for collecting payments from numerous individual customers and receives a factoring or del credere discount for the service.

If you want to create invoice lists for the customer, you must enter an identifier for a predefined factory calendar.

You must first define a factory calendar for the customer either in Customizing for Sales or as part of the master data for Sales (Menu path: Logistics -> Sales & distribution ->Master data -> others -> billing schedules).

Regards

AK