What is e-invoicing in SAP FI-CA - Contract Accounts Receivable and Payable?

SAP Term: e-invoicing

• Component: FI-CA

• Component Name: Contract Accounts Receivable and Payable

• Description: A method that encompasses the electronic creation of invoices and paperless communication of invoice data, for instance using e-mail, EDI, or a consolidator solution, where a service center takes over processing of the invoices.

Smart SAP Assistant

• Key Concepts: 
  E-invoicing is a feature of the FI-CA Contract Accounts Receivable and Payable component of SAP. It allows companies to send and receive invoices electronically, eliminating the need for paper invoices. This helps to reduce costs, improve accuracy, and speed up the invoice processing process.
  
  How to use it: 
  To use e-invoicing in SAP, you must first set up the FI-CA Contract Accounts Receivable and Payable component. Once this is done, you can create an invoice in SAP and send it electronically to the customer. The customer can then view the invoice online and make payment via a secure payment gateway.
  
  Tips & Tricks: 
  When setting up e-invoicing in SAP, make sure to configure the system correctly so that all invoices are sent securely and accurately. Additionally, ensure that all customers have access to the online portal where they can view their invoices and make payments.
  
  Related Information: 
  For more information on e-invoicing in SAP, please refer to the official SAP documentation on FI-CA Contract Accounts Receivable and Payable. Additionally, there are many online resources available that provide helpful tips and tricks for setting up e-invoicing in SAP.