What is rating unit in SAP FI-CA-INV - Convergent Invoicing?

SAP Term: rating unit

• Component: FI-CA-INV

• Component Name: Convergent Invoicing

• Description: Number of consumption items rated together in the rating process.

Smart SAP Assistant

• Key Concepts: 
  Rating unit is a term used in the FI-CA-INV Convergent Invoicing component of SAP. It is a unit of measure used to determine the amount of an invoice or payment. Rating units are used to calculate the amount of an invoice or payment based on the number of units purchased or used. 
  
  How to use it: 
  Rating units are used to calculate the amount of an invoice or payment based on the number of units purchased or used. For example, if a customer purchases 10 units, the invoice will be calculated based on 10 rating units. The rating unit can be set up in SAP to reflect different currencies, such as US dollars, Euros, and British pounds. 
  
  Tips & Tricks: 
  When setting up rating units in SAP, it is important to ensure that the correct currency is selected for each rating unit. This will ensure that invoices and payments are calculated correctly. Additionally, it is important to ensure that the correct number of rating units is selected for each invoice or payment. This will ensure that the correct amount is calculated. 
  
  Related Information: 
  For more information about rating units in SAP, please refer to the SAP Help documentation at https://help.sap.com/viewer/product/FI_CA_INV_CONV_INV/latest/en-US.