NOTE:- You distribute the net value over several milestones.Įxample- One sales order created having value 200 MYR.
You have a sales product with a known net value. Milestone billing is used for sales products in big projects when the product is paid in various installments.Milestone billing plans are used in sales quotations and sales orders or Items in service orders. Settlement From Settlement To Billing date Billing Valueįrom the above example value of the contract will be 200 MYR. Įxample– One service contract being billed on monthly basis. NOTE:- The sum of every line item added to the Net the value of the contract. monthly, quarterly, etc.Client can raise the rental or maintenance/service invoices based on calculation type M, N, O or P) which need to be billed regularly, e.g.
You should have a service product with a time-dependent price (i.e. Periodic billing plans are used for service products such as rentals or maintenance mostly. You can define a billing plan at header level, which is then valid for all items assigned to it.Depending on the kind of business process you are carrying out, the system can automatically propose the billing plan. In SAP SD a billing plan is a schedule of individual billing dates for a single item in a sales document. This part of documentation mostly covers Periodic billing plan used in SAP SD.I will cover Milestone billing plan in my part II section of documentation. I am publishing part I of SAP Billing plan documentation. During your project you may need to implement SAP SD billing plan functionality.
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