Answer / ipsita

milestone billing is a billing plan type where the customer
have to pay the amount in parts within the billing date
e.g. suppose the bill amount of the customer is 1000usd,
the customer can pay 200usd,300usd as mentioned on the
aggrement
whereas in periodic plan type the customer have to pay the
amount in a regular periodic intervele.g. the customer have
to pay the 1000usd in 1 year then the amount payable by the
customer is 1000/12.

Answer / ramana

Milestone billing is based on the worklimit and periodic
billing is based on certain time limit.

Answer / rajinikanth

milestone billing is related to quantity of amount and
periodic billing is related to time differece

Answer / balaji p.

Milestone Billing - As name suggests, billing will be done
on certain stages/milestones(on the completion of particular
tasks).
Ex. - In house construction, first billing on basement,
second on flooring etc.

Periodic Billing - Billing would be done on certain
intervals like monthly, quarterly etc.

Answer / suraj

Periodic :- full amount in each bill till contract period
Milestone:- partial amount in each bill till full amount is
billed.

Answer / sudhir m dandinavar

Milestone is nothing but if customer has to pay 1000$ in in 12 months then he can pay it either 200$ or 100$, 400$ every month in fulfilling the the total amount.

Periodic billing in this if customer as to pay 10000$ the the total amount is divided as 10000$/12.

Answer / vamsi

periodic billing means its based on monthly contract (or) time based for example L&T is making an agreement with government to finish a metro project in 10 phases so for that government has to pay total amount is 10.000 RS but government has not pay total amount in single step by finishing first phase government will pay 1000 RS (10000/10) like that by finishing each and every phase they are paying 1000 rs to the L&T

MILE STONE BILLING IS based on scheduling billing dates in this case let us take as same example as above but is in different way L&T has making an agreement with government to finish a metro project within the period of 365 days so for that government has to pay total amount is 3,65,000 rs now both parties come to one mutual understanding frist month 10th they have to pay 20,000 and again same first month 31st

Answer / yogesh

milestone billing is related to quantity of amount recevied
by the customar whin in contrect epriod and

periodic billing is related to time differece to do the
payment

What is the difference between plant and storage location?

1 Answers  

How many number of user exits are there in credit management

3 Answers  

what is the IDoc and ALE,what sd guys does in prerairtion of IDOC

2 Answers   Cap Gemini,

A customer wants to do purchases whole the week and wants to be billed once in a week for all his purchases during that week. How to do it / configure it in sap?

1 Answers  

Hi Experts, Have you worked on IDOC’s? Can you list out important t-codes in IDOC’s and their brief explanation for what they are used for in general and specific t-codes which are useful for SAP SD Module? I have interview within 1-2 days? So, I request you to provide solutions to above question as early as possible? Your timely help would be greatly appreciated? Thanks in advance Regards

0 Answers   Cap Gemini, Satyam,

What is the function of NRAB condition type in free goods determination?

6 Answers  

Can the items in a billing document belong to different distribution channels?

0 Answers  

28. If we have three plants & one material, then how to extend single material to all three plants?

2 Answers   CMC,

what is the difference between sap credit memo request and sap credit memo?

0 Answers  

What is the problem that you have faced till now ?And how do you overcome that ?Did you solve any problem of your own?

1 Answers   Third Party,

what is rebate n whats the procedure to do this?

4 Answers  

Have you generated any customized report for your client in your project? Please give solution to this question by giving your real time experience examples from your project? I have been asked this question in an recent interview. Please reply asap... Eagerly awaiting for your response? Thanks in advance.

1 Answers   ITC Infotech,