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Component: FI-CA-INV
Component Name: Convergent Invoicing
Description: Billable item of the mandatory record type "Main Item" IT.
Key Concepts: Main billable item is a term used in the FI-CA-INV Convergent Invoicing component of SAP. It refers to the main item that is being invoiced, such as a product or service. This item is the primary focus of the invoice and is typically the most expensive item on the invoice. How to use it: When creating an invoice in SAP, the main billable item should be entered first. This will ensure that the invoice is properly formatted and that all other items on the invoice are correctly associated with the main billable item. Once the main billable item has been entered, additional items can be added to the invoice. Tips & Tricks: When entering a main billable item into SAP, it is important to make sure that all relevant information is included. This includes the name of the item, its price, and any applicable taxes or discounts. This will ensure that the invoice is accurate and that all associated costs are properly accounted for. Related Information: The FI-CA-INV Convergent Invoicing component of SAP also includes other features such as payment terms, discounts, and taxes. It is important to understand how these features work in order to create accurate invoices in SAP. Additionally, it is important to understand how to manage invoices once they have been created in order to ensure that payments are received on time.