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

SAP Term: consumption item

• Component: FI-CA-INV

• Component Name: Convergent Invoicing

• Description: Saves the detailed data on consumption of a service, relevant for rating, charging, and itemization.

Smart SAP Assistant

• Key Concepts: 
  A consumption item is a type of item used in the FI-CA-INV Convergent Invoicing component of SAP. It is a reference to an item that has been consumed, such as a service or product. Consumption items are used to track the usage of items and services, and can be used to generate invoices for customers. 
  
  How to use it: 
  Consumption items can be created in the FI-CA-INV Convergent Invoicing component of SAP. To create a consumption item, you must first define the item's characteristics, such as its name, description, and unit of measure. You must also specify the item's pricing information, such as its price per unit and any discounts that may apply. Once the item is created, it can be used to generate invoices for customers. 
  
  Tips & Tricks: 
  When creating a consumption item in SAP, it is important to ensure that all of the necessary information is included. This includes the item's name, description, unit of measure, and pricing information. Additionally, it is important to ensure that any discounts that may apply are specified correctly. 
  
  Related Information: 
  For more information on creating consumption items in SAP FI-CA-INV Convergent Invoicing, please refer to the official SAP documentation. Additionally, there are many online resources available that provide step-by-step instructions on how to create consumption items in SAP.