What is 'type of invoicing item' in SAP FI-CA-INV - Convergent Invoicing?

type of invoicing item - Overview

• Component: FI-CA-INV

• Component Name: Convergent Invoicing

• Description: Definition of the business significance of the line items in an invoicing document.

type of invoicing item - Details

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  Key Concepts: 
  A type of invoicing item is a specific item that can be included in an invoice. In SAP FI-CA-INV Convergent Invoicing, there are three types of invoicing items: services, products, and discounts. Services are items that are provided by the company, such as consulting or training services. Products are physical items that are sold by the company, such as office supplies or equipment. Discounts are items that reduce the total cost of the invoice, such as a percentage off or a free item. 
  
  How to use it: 
  When creating an invoice in SAP FI-CA-INV Convergent Invoicing, you can select from the three types of invoicing items. You can add services, products, and discounts to the invoice. You can also specify the quantity and cost of each item. Once you have added all the items to the invoice, you can review the total cost and submit it for approval. 
  
  Tips & Tricks: 
  When creating an invoice in SAP FI-CA-INV Convergent Invoicing, it is important to make sure that all the items are correctly categorized as either services, products, or discounts. This will ensure that the invoice is accurate and that all costs are accounted for. Additionally, it is important to double check the quantity and cost of each item before submitting the invoice for approval. 
  
  Related Information: 
  For more information on SAP FI-CA-INV Convergent