What is 'bill statement' in SAP FS-AM - Account Management?

bill statement - Overview

• Component: FS-AM

• Component Name: Account Management

• Description: Information sent to a business partner that contains a list of items to be paid. The bill creation system creates the bill statement on the basis of the expected incoming payments that have been determined by in the billing run and sent to the bill creation system as billing items.

bill statement - Details

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  Key Concepts: 
  A bill statement is a document generated by SAP FS-AM Account Management that provides a summary of all the transactions that have taken place in an account. It includes details such as the date, amount, and type of transaction. It also includes any fees or charges associated with the account. 
  
  How to use it: 
  The bill statement can be used to track and monitor all transactions in an account. It can also be used to identify any discrepancies or errors in the account. The bill statement can be accessed through the SAP FS-AM Account Management module. 
  
  Tips & Tricks: 
  It is important to review the bill statement regularly to ensure accuracy and identify any discrepancies or errors. Additionally, it is important to keep track of any fees or charges associated with the account. 
  
  Related Information: 
  The bill statement is related to other documents such as invoices, receipts, and bank statements. It is also related to other SAP modules such as Financial Accounting (FI) and Controlling (CO).