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  • Billing Plan Part 1

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    S Banerjee
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    Periodic billing allows storing multiple billing dates for an order at the item or header level. It is often used for rental and service agreements to bill the full amount periodically on certain dates. The billing plan dates are defined based on contract data such as start and end dates. Multiple billing dates can be entered and dates already billed cannot be changed.

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    Billing Plan

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    Periodic billing allows storing multiple billing dates for an order at the item or header level. It is often used for rental and service agreements to bill the full amount periodically on certain dates. The billing plan dates are defined based on contract data such as start and end dates. Multiple billing dates can be entered and dates already billed cannot be changed.

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    © All Rights Reserved
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    169 views10 pages

    Billing Plan Part 1

    Uploaded by

    S Banerjee
    Periodic billing allows storing multiple billing dates for an order at the item or header level. It is often used for rental and service agreements to bill the full amount periodically on certain dates. The billing plan dates are defined based on contract data such as start and end dates. Multiple billing dates can be entered and dates already billed cannot be changed.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
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    of 10

    Billing Plan: Periodic Billing Part I

    Periodic billing is also part of billing plan type.

    Billing plan types are breakdown into two categories, there are:

    When
    processing an order, instead of storing a single billing date, you can store a detailed billing
    plan with several billing dates in the sales sales document at item level.

    You can also define a billing plan at header level, which is then valid for all items assigned to
    it. These header billing plans are assigned to sales document types.

    Periodic billing is often used for rental and service and service agreements, in order to bill the
    full amount periodically at certain dates.

    Milestone billing is often used in plant engineering and construction, in order to spread
    billing of the full amount over several dates within a billing plan.

    Depending on the business transaction you are processing, the system will automatically
    propose one of the two billing plan types.

    Periodic billing
    can be used, for example, for transaction involving rental contracts.
    The contract data stored in the system can then be used as the basis for creating the billing
    plan. The start and end dates define the duration of the billing plan.

    The start and end dates define the duration of the billing plan. If possible, they are taken from
    the contract data. You may decide not to set an end date (if the duration is unlimited). In this
    case, new dates can be extended to the horizon (the horizon specifies the number of
    settlement periods that are set in the billing plan).

    You can use the billing dates on determine when and how often billing is carried out, for
    example, on the first day or the last day of every month.

    You can enter as many dates per billing plan as you require.

    Billing plan dates can be blocked for billing. When you create a billing document, the system
    updates the status of the billing plan dates. Dates that have already been billed can no longer
    be changed in the billing plan.

    Customizing for Billing Plan at Item Level

    Path customizing billing plan (periodic billing): IMG > Sales and Distribution > Billing >
    Billing Plan

    1) Define Billing Plan Types


    2) Define and Assign Date Categories

    >> Maintain Date Categories for Billing Plan Type


    >> Allocate date category

    4) Assign Billing Plan Types to Item Categories


    or in
    Define Item Categories (VOV7).

    The billing plan type is determined from the document item category and the relevance for
    billing (billing relevance “I” means relevant for order-related billing-billing plan).

    This article will explain more further about the using of periodic billing in transaction. Here, I
    give example about service contract. Some customers have concluded maintenance contracts
    for computers with your company. You charge these customers an agreed amount each
    month.

    Document Service and Maintenance Contract


    Characteristics Entry for Service Item

    Pricing Conditions in Service and Maintenance Contract


    Periodic Billing Plan in Service Maintenance Contract

    Billing Plan:

    Billing Date Billing Value Curr

    31.08.2013 297.45 EUR

    30.09.2013 305.7 EUR

    31.10.2013 305.7 EUR

    30.11.2013 305.7 EUR

    31.12.2013 305.7 EUR

    31.01.2014 305.7 EUR

    28.02.2014 305.7 EUR

    31.03.2014 305.7 EUR

    30.04.2014 305.7 EUR

    31.05.2014 305.7 EUR

    30.06.2014 305.7 EUR

    31.07.2014 305.7 EUR


    31.08.2014 58.25 EUR

    TOTAL 3,718.40 EUR

    Total Net Value in Document Service Maintenance Contract

    Amount appear in billing document billed on billing date 31.08.2013

    Pricing Conditions in Billing Document


    Accounting Document after Posted Billing

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