What is payee billing document in SAP CRM-IM-IPM - Intellectual Property Management?

SAP Term: payee billing document

• Component: CRM-IM-IPM

• Component Name: Intellectual Property Management

• Description: A record of payment created for each payment recipient in a license acquisition contract with multiple recipients. This document calculates the royalties that will be paid to a specific recipient.

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• Key Concepts: 
  A payee billing document is a type of document used in SAP's Intellectual Property Management (IPM) component of the Customer Relationship Management (CRM) module. It is used to record the payment of a fee or royalty to a payee, such as a patent holder or copyright owner. The document contains information about the payee, the amount of the payment, and any other relevant details. 
  
  How to use it: 
  The payee billing document is created in the SAP system by entering the relevant information into the appropriate fields. Once all of the information has been entered, the document can be saved and printed for future reference. The document can also be used to track payments and ensure that all payments are made on time. 
  
  Tips & Tricks: 
  When creating a payee billing document, it is important to ensure that all of the information is accurate and up-to-date. This will help to ensure that payments are made correctly and on time. Additionally, it is important to keep track of all payments made using this document, as this will help to ensure that all payments are accounted for. 
  
  Related Information: 
  The payee billing document is part of SAP's Intellectual Property Management (IPM) component of the Customer Relationship Management (CRM) module. Other related documents include patent applications, copyright registrations, and trademark registrations. Additionally, there are other documents related to intellectual property management such as license agreements and royalty agreements.