What is resource related billing in sap?
In Customer Service (CS) you can bill (resource-related) a customer for resources used (for example, personnel and material) to carry out services. During resource-related billing, the system creates dynamic items from the expenditure information (for example, costs for material, utilities, personnel, trips).
What is dip profile in sap?
The Dynamic Item Processor (DIP) profile defines and controls resource-related quotation and billing for service orders and sales documents. It may be maintained in either the Customer Service or the Sales and Distribution section of the IMG.
What is billing process in SAP?
In SAP Sales and Distribution module, billing is known as the final stage for executing business transactions. When an order is processed and delivery is made, billing information is available at each stage of this order processing. Billing contains the following components − Credit and Debit memos for return goods.
What is Milestone billing in SAP SD?
Milestone billing means distributing the total amount to be billed over multiple billing. dates in the billing plan. As each milestone is successfully reached, the customer is billed either a percentage of. the entire project cost or simply a pre-defined amount.
How do you create a dip profile?
Click the DIP Server menu, point to Administration, and then click Synchronization Profiles. The Manage Synchronization Profiles appears. Click Create. The Create Synchronization Profile page appears with tabs for the various types of profile settings.
What is billing due list?
You can use the billing due list to put together the documents to be billed, based on the selection criteria. The system selects the documents that have to be billed according to the selection criteria. In that way, several deliveries can be put together in one billing document.
What is a billing process?
Billing is defined as the step-by-step process of requesting payment from customers by issuing invoices. An invoice is the commercial document businesses use to request payment and record sales.
What is periodic billing?
Periodic billing is often used for rental and service and service agreements, in order to bill the full amount periodically at certain dates. Milestone billing is often used in plant engineering and construction, in order to spread billing of the full amount over several dates within a billing plan.
What is billing plan?
A billing plan is a schedule of individual billing dates for a single item in a sales document. You can define a billing plan at header level, which is then valid for all items assigned to it.
How does resource related billing work in SAP?
You carry out resource-related billing for these orders. In the billing document, single material, internal activities, and costs are assigned to the customer afterwards. The basis for creating a billing document is the billing request. Since static billing is not longer available, you must make a conversion, if necessary.
What does individual mean in RRB Process SAP?
You should never use this kind of set! The indicator ‘Individual’ means, that for each dynamic item leading to one of the service materials, one line is shown within the billing request. The last line with the flag ‘Material direct’ allows the system to transfer the material directly to the billing document.
How is a billing document based on a billing request?
In the billing document, the customer is provided with information on, for example, individual materials, internal activities, and costs. The billing document is based on the billing request . 1) http://help.sap.com/saphelp_dimp50/helpdata/EN/59/54fc37004d0a1ee10000009b38f8cf/content.htm
Is there a static billing process in SAP?
Since static billing is not longer available, you must make a conversion, if necessary. For more information, see the Implementation Guide for Project System under Revenues and Earnings Integration with SD Documents Creating Quotations and Project Billing Static Processing (Process Before Release 4.5).