topic Re: Billing in Application Development and Automation Discussions

Billing

former_member778253 — Sun, 08 Jul 2007 15:15:28 GMT

Hi,

What is the difference between INVOICE (&) BILLING?

Re: Billing

former_member189059 — Mon, 09 Jul 2007 06:38:24 GMT

Invoices are always primary documents.

Other billing documents, such as debit or credit memos, can be primary or secondary

documents. This depends on the order reason entered in the billing document.

For more information on how the order reason is used to control primary and secondary

documents, see Order Reason in Retroactive Billing [Page 8]. This section will also provide a

more detailed example of how retroactive billing works.

Primary Documents

Primary documents are:

Invoices

Credit memos that refer to returns

Credit and debit memos in which you have entered the relevant order reason

You can also assign an order reason to a memo request which then passes it along to

the referenced credit or debit memo.

Secondary Documents

Secondary documents are the following billing documents in which you have entered the relevant

order reason:

Credit and debit memo requests

Credit and debit memos

The system displays such a document only when it has been created with reference to the

invoice and when the currencies in both documents match.

The billing document can be an invoice, per-forma invoice,

cash sales invoive, credit memo and a debit memo. Where as

an invoice is a type of billing doc used to bill the

customer for services or goods delivered

Re: Billing

Former Member — Mon, 09 Jul 2007 06:42:00 GMT

hi ,

Billing is related to Sales Module

Invoice is FI accounting Document which will be created against Billing document

In the Billing You have the info all items(like products and their quantities/prices) where as the Invoice consists of only financial data related to amounts

the Billing related tables are VBRK and VBRPInvoice related tables are BSID and BSAD

in simple terms, Billing is nothing but a document which shows the direct charges e.g in case of energy, if anybody uses 2 units of energy and the rate is 4 rs/unit then the billing is of 8 rs for the consumer .. it is not a physical document

now Invoice is nothing but when one will add taxes and other indirect costs to the billing document and Invoice is a physical document which is being sent to the customer e.g. electricity bill...

regards

please do reward points for the usefull answers

reena