What is billing item in SAP FS-AM - Account Management?

SAP Term: billing item

• Component: FS-AM

• Component Name: Account Management

• Description: An expected payment that is due on a defined date.

Smart SAP Assistant

• Key Concepts: 
  A billing item is a component of the FS-AM Account Management component in SAP. It is used to define the characteristics of a billing document, such as the type of billing document, the customer, and the payment terms. It also contains information about the items that are to be billed, such as the quantity, unit price, and discounts. 
  
  How to use it: 
  In order to use a billing item in SAP, you must first create a billing document. This can be done by selecting the “Create Billing Document” option from the menu. Once you have created the document, you can then add a billing item by selecting “Add Billing Item” from the menu. You will then be prompted to enter the details of the item, such as the quantity, unit price, and discounts. Once you have entered all of the necessary information, you can save the item and it will be added to your billing document. 
  
  Tips & Tricks: 
  When creating a billing item in SAP, it is important to make sure that all of the information is accurate and up-to-date. This will ensure that your customers receive accurate invoices and that they are billed correctly. Additionally, it is important to keep track of any changes that are made to a billing item so that you can update your records accordingly. 
  
  Related Information: 
  For more information on how to use billing items in SAP FS-AM Account Management, please refer to SAP’s official documentation on this topic. Additionally, there are many online tutorials available that provide step-by-step instructions on how to create and manage billing items in SAP.