Answer / sundar

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

Answer / gautamlalwani

An invoice is a commercial document issued by a seller to a
buyer, indicating the products, quantities and agreed prices
for products or services that the Seller has already
provided the Buyer with. An invoice indicates that, unless
paid in advance, payment is due by the buyer to the seller,
according to the agreed terms.

A bill is a document requesting payment for goods previously
supplied. This presentation of a bill is common practice on
the part of restaurants, credit card companies, utilities,
and other service providers. The bill for something is the
total price of all services and goods received but not yet
paid for, and is presented in the expectation of immediate
payment in full. If a bill is not paid, a collections
company is usually given the responsibility of collecting
the amount due and service is terminated. Under English law,
a person who makes off without paying the bill, or who
dishonestly secures a remission in the amount payable,
commits an offence under the Theft Act 1978. When a company
cannot pay its bills, it is said to be insolvent.

Answer / sd fox

The basic difference between billing document is

Billing document created before the data transfer in the
accounting.

Invoice is created after generating the accounting document.

Answer / shaju

Billing Document is the document that is created in SAP.
Invoice is the printout(output generated) of the document
that is sent to the Customer.

Answer / ravi

Invoice (F2) is a type of billing document. There are many
billing documents like

F1 - Order related Invoice
F2 - Delivery related Invoice
F5 - Proforma Invoice for sales order
F8 - Proforma invoice for deliveries
G2 - Credit memo
L2 - Debit memo

Refer : http://forums.sdn.sap.com/thread.jspa?
threadID=886706

Answer / satya nahak

Billing document can be like invoice, cash sale bill, order
related performa etc
Billing document created in SAP system and the print copy
of the document is called invoice which is given to the
customer.

Answer / sandeep

A billing document when generated creates accounting document of the line item type Invoice.

Billing document does not show against which G/L account the postings have done where as in Invoice document one can clearly show against which G/L account the postings have done.

Answer / amarnath

Billing is payment after delivering the goods..

Invoice is payment before delivering goods as advance or partial..

Answer / ricco bhai

When a customer orders merchandise, these articles are
listed in an invoice, with or without prices. This document
also serves as delivery slip.

After the merchandise has been delivered, we prompt the
customer to pay the account, also known as bill.

Invoices are not accepted by Tax / Revenue authorities as
documents of payment. You always have to present the account.

Claims can only be demanded on accounts and not on invoices.

Answer / pramod

billing document is not shown in tax.
invoice document in shown tax.
billing document is the punch order after transfer materail.
invoice document is the punch order before transfer
material.

How is credit control determined?

5 Answers  

in third party customer raise the order qty 10. but vendor sent the goods qty 6 only.how can know the customer receiving quantity.

3 Answers   IBM,

i faced one question. when new configuration we do what is the logic behind there?

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What is your Team size? Please note that here Interviewer means the total persons/ headcount from all the modules? How to handle this question? Generally in a project whether big or medium size company how does a consultant know how much is the team size of all the modules altogether? Generally in a big company how much would be team size? Some are saying only Project leader will be in a position to know the total team size of his project( both onsite & offsite headcount)is it so? whether interviewer is trying to pull my hair and just passing time in order to reject me? How to answer such questions confidently in an interview?

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How to stop PGI?

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In v/08 what is the significance of assigning pricing type like carry out new pricing etc.

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What you done business blue print, realization, final preparation, and go live support in your previous project?

1 Answers  

What are the condition record and condition table?

0 Answers  

Even after Rebate agreement validity periods finish and the status is showing D completed still acuurals are calculating the accurals..for eg validity periods are finished at 2011 when we create billing document is creating in 2012 still accurals are calculating, where might be went wrong

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There is one legal entity IN10 under which there are 4 different plants 1, 2, 3 and 4. I have maintained plant number 1 in MMR and extended to plant 2, 3 and 4. Now I am creating one contract with plant number 2 however in material master data there is plant 1. with respect to Contract I am creating Debit Memo Request in DMR. However in DMR document i am getting plant 1 which I have maintained in MMR, However I have to get plant 2 which I have maintained in contract. Please tell me how to carry that plant 2 from contract to DMR ( RRB). Is it possible through standard SAP or Should I go to enhancement.

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How is step and counter differentiated?

5 Answers  

Wat are the documents we prepare in Implementation Project? Thanks in Advance.

4 Answers   IBM,