What is consumption date in SAP FI-CA-INV - Convergent Invoicing?

SAP Term: consumption date

• Component: FI-CA-INV

• Component Name: Convergent Invoicing

• Description: Time when a service was consumed

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• Key Concepts: 
  Consumption date is a term used in the FI-CA-INV Convergent Invoicing component of SAP. It is the date on which an invoice is consumed, or used, by a customer. This date is important for tracking the usage of invoices and ensuring that customers are billed correctly. 
  
  How to use it: 
  The consumption date is set when an invoice is created in SAP. This date can be changed at any time, but it must be updated whenever an invoice is consumed by a customer. The consumption date can be used to track the usage of invoices and ensure that customers are billed correctly. 
  
  Tips & Tricks: 
  It is important to keep track of the consumption date for each invoice in order to ensure that customers are billed correctly. It is also important to update the consumption date whenever an invoice is consumed by a customer. 
  
  Related Information: 
  The consumption date is related to other terms such as billing date and due date. The billing date is the date on which an invoice was created, while the due date is the date on which payment for an invoice is due.