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

SAP Term: rated consumption item

• Component: FI-CA-INV

• Component Name: Convergent Invoicing

• Description: Consumption item priced as part of a rating process.

Smart SAP Assistant

• Key Concepts: 
  A rated consumption item is a type of item used in the FI-CA-INV Convergent Invoicing component of SAP. It is used to calculate the amount of a charge based on the quantity of a product or service consumed. This type of item is typically used for services such as utilities, where the amount charged is based on the amount of usage. 
  
  How to use it: 
  In order to use rated consumption items, you must first create them in the system. This can be done by entering the relevant information such as the item name, description, and rate into the system. Once created, these items can be added to invoices and used to calculate charges based on usage. 
  
  Tips & Tricks: 
  When creating rated consumption items, it is important to ensure that the rate entered is accurate and up-to-date. This will ensure that invoices are calculated correctly and that customers are not overcharged. Additionally, it is important to keep track of any changes in rates so that they can be updated in the system accordingly. 
  
  Related Information: 
  For more information about rated consumption items and how to use them in SAP FI-CA-INV Convergent Invoicing, please refer to the official SAP documentation. Additionally, there are many online resources available that provide detailed tutorials and examples of how to use this feature.