on 05-05-2008 8:45 AM
hi
can i knw the differnce between both
how to configure this both
Regards
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Hi,
Periodic billing means billing a total amount for each individual billing date in the plan. For example, if you are creating a rental contract, the system can propose a schedule of monthly rental payments, according to the length and conditions of the contract.
Milestone billing means distributing the total amount to be billed over multiple billing dates in the billing plan. For example, you can use a billing plan for billing a make-to-order item that is assigned to a project in the SAP Project System. When you enter the project-related make-to-order item in the sales order (or assembly order), the system proposes a billing plan based on milestones defined for networks in the project. As each milestone is successfully reached, the customer is billed either a percentage of the entire project cost or simply a pre-defined amount.
Prase
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Hi,
Milestone Billing: This type of billing is calculated based on the certain work is completed and this billing might be on percentage or fixed value basis.
Examples: Software Projects, Construction Projects- In this Billing raised to the customer based on work completion.
Periodic Billing: This billing is calculated periodically or monthly based on certain work or service.
Example: House Rent, Factory Lease or Godown Rent
For more information please go through the following link
http://help.sap.com/saphelp_47x200/helpdata/en/dd/56069b545a11d1a7020000e829fd11/frameset.htm
Regards
Goutham
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