on 01-11-2008 3:27 PM
plz explain me the difference between Billing document and an invoice
Hi Bala,
Billing document is used for creation, you could create invoices, debit and credit memos, cancellation etc.
the features of this billing document are
Automatic batch processing of the billing due list (vf04) in the back ground, it can be carried out perodically eg after 5pm automatically by the system.
Manual processing of the billing due list vf04
where as Invoicing is a document which states the invoice receipients obligations to the vendor or service provider.
An invoice is normally created after the goods receipt or service performance has been confirmed
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hi balaraj
billing doc is like F1, F2,F5 (PERFORMA )invoices.
where as invoices are which has gone to acconting purpose and gone to customer for payment purose.
vijaya rajendra.g.
reward me if useful.
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Hi,
In SAP billing document is Umbrella term used for invoices,Credit memos,debit memos,proforma invoices and all other cancellation documents.
Invoice is list of items provided or work done together with their cost, for payment done at later time.
thanks,
vrajesh
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Dear Bala
Both are same. The minor difference may be we can call invoice as either proforma invoice or commercial invoice whereas we will call only commercial invoice as billing document.
Thanks
G. Lakshmipathi
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