What are business processess in Billing module in PS
Financial?
Answer Posted / reddy
1. The sale is captured in Billing. Load Bills from an
external system into PS Billing through Billing Interfaces
Process
2. Billing creates the invoice to send to the customer
3. Billing sends the customer's invoice information to
Accounts Receivable to update customer balances
4. ARUPDATE Updates AR WITH NEWLY CREATED pending items &
post all other AR data to customers Accounts
5. Receivable processes payments from customers.(arpredct)
6: Accounts Receivable sends correspondence such as
statements and dunning letters to customers (AR_STMTS,
Dunning, and Aging)
7>Billing and Accounts Receivable send accounting entries
to General Ledger (FS_JGEN)
Details:
BP:
1)Billing Interface Process(BIIF0001)
2)Invoice Status Change Process(BIIVCSTS)
3)Currency Conversion (BICURCNV)
4)Pre-Load Process(BIPRELD)
5)Pre-Process and Finalization Process(BIIVC000) Note:After
Finalization Bills can't be changes
6)Invoice Printing
7)Then run Load AR Items Process (BILDARO1) to send data to
AR
8)Finally Run load GL PROCESS(BILDGL01_)
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