What are the differences between billing document and
invoice?
Answers were Sorted based on User's Feedback
Answer / cspl
Invoice is document indicating to delivery goods and Billing
is a receipt of payment.
If we receive the goods from vendors that is called bill if
we give the goods to customer that is called invoice.
Bill means we have to pay the amount against bill invoice
means we have to receive the amount against invoice.
Invoice is for both: Vendor Invoice and Customer Invoice.
Billing = Accounts Payable = Goods/Services Received from
Suppliers or Vendors
Invoicing = Accounts Receivable = Goods/Services Delivered
to Customers.
| Is This Answer Correct ? | 8 Yes | 18 No |
Answer / durga
Umbrella term for invoices, credit memos, debit memos, pro
forma invoices and cancellation documents.
like f1,f2,bv,f5,f8,iv,s1,s2,l2,g2 etc were billing doc types
where u create an invoice in vf01..
Hope my posting was clear , if not let me know for
clarification
| Is This Answer Correct ? | 1 Yes | 19 No |
What are the customizing settings in pricing procedure for tax condition type?
What is the difference between condition type EK01 and EK02?
Material Determination Issue while posting billing document. I am taking about the standard process of SAP. Just try entry with Outcome as A while defining substitute reason and then process the order. It will show both the old and new material with item category as TAX and TAPS respectively. TAX for non- stock item- means as of now the material is not available. TAPS- the new material which has replaced the old material. Now, if you will see the configuration of item category TAX and TAPS in IDES, it would be more clearer as I mentioned in the first update. The only issue is - I am facing a problem in billing. Now if you re-consider my post, I guess it would be more clearer. However, the issue is that in billing its not showing the right price. Please suggest. Configuration - Item category- TAX- Old material. Billing relevance- A Stats- X Pricing- NO Item Category- TAPS- New materail Billing Relevance- A Stats- NO Pricing- Yes Because I want both the material in billing, so billing relevance is A. And I want the price of new material so for TAPS pricing - Yes. But every time I am trying system is taking the price of TAX. Not sure why? If I make it as vice- verse, thinking lets take the price of new material, now the system is taking the price of old .
IN SD Credit Management is Active, I want to deactive Credit Functionality but want still to keep it Active at Sales Order Header level, how can we do it
Can you copy one inquiry to many quotations?
How does SAP get to know whether the material is available or not? how does it determine MAD? What exactly happens in sending TOR?
What are the account keys that you use for revenue a/c determination for your client?Plz provide answer to this question asap.... Waiting for your reply.... Thanks in advance.. Regards
Suppose two Company Codes are there , I have a customer and customer is purchasing from two company codes , do I need to create different customer master for the same customer because in company codes we have used different accounts ?
From Which Tcode can I view customer wise Back order (Open order)
Why business use different sales processes such as Third party, Individual Purchase Order, Make to order and Intercompany Sales.
To perform material configure which system one has to use in a landscape?
Do you know what’s availability check is?
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