What is 'billing plan item category' in SAP FI-CA-INV - Convergent Invoicing?

billing plan item category - Overview

• Component: FI-CA-INV

• Component Name: Convergent Invoicing

• Description: Attribute of a billing plan item The billing plan item category shows whether an item is an adjustment item.

billing plan item category - Details

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  Key Concepts: 
  Billing plan item category is a component of the FI-CA-INV Convergent Invoicing module in SAP. It is used to define the characteristics of a billing plan item, such as the type of item, the pricing, and the payment terms. The billing plan item category also determines how the billing plan item is processed in the system. 
  
  How to use it: 
  The billing plan item category is used to define the characteristics of a billing plan item. This includes the type of item, pricing, and payment terms. The billing plan item category also determines how the billing plan item is processed in the system. To create a new billing plan item category, go to the FI-CA-INV Convergent Invoicing module in SAP and select “Create Billing Plan Item Category” from the menu. 
  
  Tips & Tricks: 
  When creating a new billing plan item category, make sure to select the appropriate type of item and pricing for your needs. Also, be sure to set up payment terms that are appropriate for your business. 
  
  Related Information: 
  For more information on how to use the FI-CA-INV Convergent Invoicing module in SAP, please refer to SAP’s official documentation. Additionally, there are many online resources available that provide tutorials and tips on using this module.