What is billing type in SAP FI-CA-INV - Convergent Invoicing?

SAP Term: billing type

• Component: FI-CA-INV

• Component Name: Convergent Invoicing

• Description: Characteristic that characterizes the composition of billing units and is used to classify billing documents.

Smart SAP Assistant

• Key Concepts: 
  Billing type is a feature of SAP FI-CA-INV Convergent Invoicing that allows users to define the type of billing document they want to create. It is used to determine the document type, pricing procedure, and other settings for the billing document. The billing type also determines the layout of the document and the fields that are displayed. 
  
  How to use it: 
  To use the billing type feature, users must first define a billing type in the system. This can be done by going to the Billing Type tab in the FI-CA-INV Convergent Invoicing application and entering the desired settings. Once a billing type has been defined, it can be selected when creating a new billing document. 
  
  Tips & Tricks: 
  When defining a new billing type, it is important to consider how it will be used and what settings are needed for it. For example, if a billing type is intended for use with a specific pricing procedure, then that pricing procedure should be selected when defining the billing type. 
  
  Related Information: 
  For more information on how to use and configure the billing type feature in SAP FI-CA-INV Convergent Invoicing, please refer to the official SAP documentation.