What is bill creation proxy in SAP FS-AM - Account Management?

SAP Term: bill creation proxy

• Component: FS-AM

• Component Name: Account Management

• Description: A mechanism of encapsulation, which enables applications to manage bills in an external system. The bill creation proxy is technically realized as an enhancement spot with an SAP-internal implementation.

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• Key Concepts: 
  Bill Creation Proxy is a feature of the FS-AM Account Management component of SAP. It allows users to create bills for customers and vendors in a secure and automated way. The proxy is used to store customer and vendor data, such as billing address, payment terms, and other relevant information. This data is then used to generate bills that are sent to customers or vendors. 
  
  How to use it: 
  To use the Bill Creation Proxy feature, users must first set up the customer or vendor data in the system. This includes entering the billing address, payment terms, and other relevant information. Once this is done, users can then generate bills for customers or vendors using the proxy. The bills can be sent electronically or printed out for manual delivery. 
  
  Tips & Tricks: 
  When setting up customer or vendor data in the system, it is important to ensure that all information is accurate and up-to-date. This will help ensure that bills are generated correctly and sent to the correct address. Additionally, it is important to regularly review customer and vendor data to ensure that it remains accurate. 
  
  Related Information: 
  For more information on the Bill Creation Proxy feature of FS-AM Account Management, please refer to the SAP Help documentation. Additionally, there are several online tutorials available that provide step-by-step instructions on how to use this feature.