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

SAP Term: rerated consumption item

• Component: FI-CA-INV

• Component Name: Convergent Invoicing

• Description: Consumption item that has a new price from a rerating process.

Smart SAP Assistant

• Key Concepts: 
  Rerated consumption item is a term used in the FI-CA-INV Convergent Invoicing component of SAP. It refers to an item that has been rerated, or recalculated, based on the current rate of consumption. This is done to ensure that the customer is charged the correct amount for their usage. 
  
  How to use it: 
  In order to use rerated consumption items, you must first set up a rate plan in the FI-CA-INV Convergent Invoicing component. This rate plan will determine how much the customer will be charged for their usage. Once this is done, you can then set up a rerated consumption item. This item will be recalculated based on the current rate of consumption and will be used to charge the customer accordingly. 
  
  Tips & Tricks: 
  When setting up a rerated consumption item, it is important to ensure that the rate plan is up-to-date and accurate. This will ensure that the customer is charged the correct amount for their usage. Additionally, it is important to keep track of any changes in the rate plan as this could affect how much the customer is charged. 
  
  Related Information: 
  For more information on rerated consumption items and how to use them in SAP, please refer to the FI-CA-INV Convergent Invoicing documentation. Additionally, you can contact your SAP support team for further assistance.