what is retro active billing?who is will create this?
Answer Posted / sreehari. kondapalli
Hi,
Retroactive billing is purely different from Rabate
Process. But rebate process comes under the retro
billing. Because rebate process acts retroactively.
Retro billing means: For example we are selling some
goods to a customer for the past 6 months and there were
around 50 invoices are generated. But after 6 months we
had an agreement that we will give discount on all the old
invoices wich were generated in the last 6 months or there
is a decrease in price which should affect the old invoices
which were generated from last 6 months.
For this kind of scenario we will use the Retro Billing.
We have to use the T.Code VFRB to generate the retro
billing.
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