What is collective billing in SAP ISU?

The collective bill account is a contract account that is created in the business master data of the utilities industry and that is flagged as a collective bill account. Only items with the same due date and same origin are grouped into a collective bill.

What is collective invoice in SAP?

Collective invoicing is based on the functions for processing collective bills in Contract Accounts Receivable and Payable where, when you post an individual document, this is linked automatically to a collective bill (statistical posting document) that represents the individual document in the subsequent business …

How do you create a collective invoice in SAP?

on the SAP Easy Access screen. The Collective Invoice: Create and Print screen appears. You select the single invoices you want to include in a collective invoice. The system groups the selected invoices by payer under an invoice selection, and displays the created invoice selections.

What does collective invoice mean?

A collective invoice is an invoice for several goods or services provided to a customer within the agreed upon billing period.

What is collective billing?

Summary Billing (also called Collective Billing) allows a customer with multiple Entergy accounts to receive fewer separate monthly statements. Your utility bills are “collectively rolled up” and presented as a monthly master bill that contains each of the individual account’s bill details.

What is collective billing in SAP SD?

Collective billing document. All billing datasets for a payer and actual billing date that are to be billed are combined in a billing document. A customer places several ads for which the same planned billing date is determined. You bill all billing datasets due on this planned billing date in a single billing run.

What is the difference between a collective billing document and an individual billing document?

Individual Billing Document :A single Billing document is created for each sales document, example one Invoice per delivery. Collective Billing: Collective Billing combines different documents (orders / deliveries) into a single Invoice document provided certain data specified is common across these source documents.

What is collective billing document in vf04?

3940 Views. Hi developers, with the standard procedure if I create two sales order with different sold-to party the system generate two billing document; while if the sales orders have the same sold to party the system create one billing document.

What is VF04 used for in SAP?

VF04 is the transaction used to display the billing due list. It displays only those deliveries which are posted or whose PGI is complete.

What is collective billing document in VF04?

What is SAP Tcode VF01?

VF01 stands for Create billing transaction. You can have order related billing type / delivery related billing type. the standard billing document type for credit memo is G2.