What is billable item in SAP FI-CA-INV - Convergent Invoicing?

SAP Term: billable item

• Component: FI-CA-INV

• Component Name: Convergent Invoicing

• Description: Items to be billed, which represent a business transaction or a business event.

Smart SAP Assistant

• Key Concepts: 
  A billable item is a type of item that can be invoiced in SAP's FI-CA-INV Convergent Invoicing component. It is a type of item that can be used to create an invoice for a customer. The billable item contains all the necessary information about the item, such as the description, quantity, unit price, and tax rate. 
  
  How to use it: 
  In order to create a billable item in SAP's FI-CA-INV Convergent Invoicing component, you must first create a customer invoice. Once the invoice is created, you can add the billable item to it. You will need to enter the necessary information about the item, such as the description, quantity, unit price, and tax rate. Once all of this information is entered, you can save the billable item and it will be added to the customer invoice. 
  
  Tips & Tricks: 
  When creating a billable item in SAP's FI-CA-INV Convergent Invoicing component, it is important to make sure that all of the necessary information is entered correctly. This includes the description, quantity, unit price, and tax rate. If any of this information is incorrect or missing, it could lead to incorrect invoices being sent out to customers. 
  
  Related Information: 
  SAP's FI-CA-INV Convergent Invoicing component also allows for other types of items to be invoiced, such as non-billable items and discounts. It is important to understand how these different types of items work in order to ensure that invoices are created correctly. Additionally, SAP provides detailed documentation on how to use its FI-CA-INV Convergent Invoicing component which can be found on its website.