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

SAP Term: billable item for usage

• Component: FI-CA-INV

• Component Name: Convergent Invoicing

• Description: Billable item that refers to the use of a service.

Smart SAP Assistant

• Key Concepts: 
  A billable item for usage is a type of invoice item that is used in the FI-CA-INV Convergent Invoicing component of SAP. This type of invoice item is used to track the usage of a product or service over a period of time. It is typically used for services that are billed on a recurring basis, such as subscription services. 
  
  How to use it: 
  In order to use a billable item for usage in SAP, you must first create an invoice item in the FI-CA-INV Convergent Invoicing component. Once the invoice item has been created, you can then assign it to a customer and set up the billing parameters. This includes setting up the frequency of billing, the amount to be billed, and any discounts or taxes that may apply. 
  
  Tips & Tricks: 
  When setting up a billable item for usage in SAP, it is important to ensure that all of the billing parameters are correct. This includes setting up the frequency of billing, the amount to be billed, and any discounts or taxes that may apply. Additionally, it is important to ensure that all of the customer information is accurate and up-to-date. 
  
  Related Information: 
  For more information on how to use billable items for usage in SAP, please refer to the FI-CA-INV Convergent Invoicing documentation. Additionally, you can find more information on how to set up and manage invoices in SAP by visiting the SAP Help Portal.