SAP Processes: Billing
When you create a billing document in SAP system, data is copied from the sales order and the delivery document to the SAP billing document. Delivery items as well as order items (for example services)can be references for the billing document.
The billing document serves several important functions:
- It is the sales and distribution document that helps you to generate invoices in SAP.
- The billing document serves as a data source for financial accounting (SAP FI) to help you to monitor and process customer payments.
When you create a billing document in SAP system, the G/L accounts will normally be updated automatically.
During this process, the SAP R/3 system carries out
- a debit posting on the customer receivables account and
- a credit posting on the revenue account.
Billing Support:
- Creating invoices for products and services
- Creating credit and debit memos
- Cancelling previously posted billing documents
- Automatic transferring billing documents data to Accounting (SAP FI)
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