What is invoicing function in SAP FI-CA-INV - Convergent Invoicing?

SAP Term: invoicing function

• Component: FI-CA-INV

• Component Name: Convergent Invoicing

• Description: A self-contained business transaction from the business point of view within invoicing.

Smart SAP Assistant

• Key Concepts: 
  The invoicing function in SAP is a component of the FI-CA-INV Convergent Invoicing module. It is used to create and manage invoices for customers, and to track payments and receivables. The invoicing function also allows for the creation of payment plans, discounts, and other payment options.
  
  How to use it: 
  The invoicing function in SAP is accessed through the FI-CA-INV Convergent Invoicing module. To create an invoice, users must first enter customer information, such as name, address, and contact information. Then, they must enter the items to be invoiced, including quantity, price, and any discounts or payment plans. Once all of the information is entered, users can generate the invoice and send it to the customer.
  
  Tips & Tricks: 
  When creating an invoice in SAP, it is important to double-check all of the information before sending it out. This includes making sure that all of the items are correct and that any discounts or payment plans are applied correctly. Additionally, it is important to make sure that all of the customer information is accurate so that payments can be tracked properly.
  
  Related Information: 
  The invoicing function in SAP is part of a larger suite of financial management tools known as FI-CA-INV Convergent Invoicing. This suite includes tools for managing accounts receivable and accounts payable, as well as tools for tracking payments and receivables. Additionally, there are tools for creating payment plans and discounts for customers.