What is intercompany payables in SAP CRM-BE - Billing?

SAP Term: intercompany payables

• Component: CRM-BE

• Component Name: Billing

• Description: Amounts that are payable between companies in the same enterprise but in different company codes. Payables result from transactions in which the company delivering goods is in the same enterprise but in a different company code to the sales organization. During the intercompany billing process, payables are incurred by the sales organization and due to the delivering company.

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• Key Concepts: 
  Intercompany payables is a component of the SAP CRM-BE Billing system. It is used to manage the payment of invoices between two companies that are part of the same corporate group. This process involves creating a payment document in one company and then transferring it to the other company for payment. The payment document contains all the necessary information about the invoice, such as the amount due, the due date, and any applicable taxes or fees.
  
  How to use it: 
  To use intercompany payables, first create a payment document in one company. This document should include all relevant information about the invoice, such as the amount due, the due date, and any applicable taxes or fees. Once this document is created, it can be transferred to the other company for payment. The other company will then process the payment according to their own internal procedures.
  
  Tips & Tricks: 
  When creating a payment document for intercompany payables, make sure to include all relevant information about the invoice. This will help ensure that the payment is processed correctly and on time. Additionally, it is important to keep track of all payments made between companies in order to ensure that all invoices are paid in full and on time.
  
  Related Information: 
  Intercompany payables is just one component of SAP CRM-BE Billing. Other components include accounts receivable, accounts payable, and inventory management. Additionally, SAP offers a variety of other software solutions that can be used to manage business processes more efficiently.