topic Re: Diff B/W Billing and Invoice in Application Development and Automation Discussions

Diff B/W Billing and Invoice

Former Member — Thu, 01 Feb 2007 10:39:20 GMT

Hi Abap gurus,

I want know what is the exact difference between Invoice and Billing.

Thanks in Advance.

Subbu.

Re: Diff B/W Billing and Invoice

Former Member — Thu, 01 Feb 2007 10:41:46 GMT

The bill is SD document created by delivery, so the billing is the action to create the bill.

The invoice is the FI document generated from the bill.

So the flow should be:

Sales Order->Delivery->Bill->Invoice

Sales Order, Delivery and Bill are SD documents, invoice is FI document.

Max

Re: Diff B/W Billing and Invoice

Former Member — Thu, 01 Feb 2007 10:41:54 GMT

Hi,

INVOICE is the first thing to deliver to the customer.

ONCE THE GOODS IS DELIVERED WE CHECK WITH THE INVOICE AND GOODS RECIEVED. IF IT MATCHES, BILLING WILL TAKES PLACE.

Regards,

Priyanka.

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Re: Diff B/W Billing and Invoice

Former Member — Thu, 01 Feb 2007 10:54:58 GMT

Hi,

ABAP gurus sounds different.

Well,

Professional people generally send bills; commercial establishments, invoices.

They are essentially the same. Bill is a less formal term than invoice.

Invoice suggests a specific document, laid out very properly on letterhead, and detailing the quantities of goods and services, tax, etc.

Bill is used informally to mean any written demand for payment.

regards,

Bijal

Re: Diff B/W Billing and Invoice

Former Member — Thu, 01 Feb 2007 10:57:46 GMT

Billing is sap internal reference number which is maintained in VF01 and tables

VBRK VBRP gets updated .

Billing in terms means that i have a reference with so and so details that this is the amount charged to the customer for the purchase .

But when i produce this document in <b>paper-work</b> then it is called INVOICE

which is handed over to the customer and the paper work is a legal document that holds details of price and etc...

This is the difference between Billing and invoice.

There will be terms called as INVOICE , First commercial invoice and second commercial invoice but never they can be called as First Billing and second Billing etc.

I hope u got the point.

regards,

vijay

Re: Diff B/W Billing and Invoice

Former Member — Thu, 01 Feb 2007 11:07:31 GMT

Hi abap gurus

this may help you

An invoice is a commercial document issued by a seller to a buyer, indicating the products, quantities and agreed prices for products or services with which the seller has already provided the buyer. An invoice indicates that, unless paid in advance, payment is due by the buyer to the seller, according to the agreed terms. It contains a serial number and date of issue. Invoices are often called bills.

Billing is the process of processing and rendering a bill.

with regards

vinayaka