What is invoicing frequency in SAP FS-CD - Collections/Disbursements?

SAP Term: invoicing frequency

• Component: FS-CD

• Component Name: Collections/Disbursements

• Description: The dunning frequency specifies how often insurance invoices are processed. In a posting run, it is used to determine the next due date for open items in a contract account.

Smart SAP Assistant

• Key Concepts: 
  Invoicing frequency is a feature of the SAP FS-CD Collections/Disbursements component. It allows users to define how often invoices are generated for customers. This can be done on a customer-by-customer basis, or for all customers at once.
  
  How to use it: 
  Invoicing frequency can be set up in the SAP system by navigating to the FS-CD Collections/Disbursements component. From there, users can select the “Invoicing Frequency” option and enter the desired frequency for each customer. The frequency can be set to daily, weekly, monthly, or yearly.
  
  Tips & Tricks: 
  When setting up invoicing frequency, it is important to consider the customer’s payment terms and preferences. For example, if a customer prefers to pay their invoices on a monthly basis, then it may be best to set their invoicing frequency to monthly as well.
  
  Related Information: 
  Invoicing frequency is closely related to payment terms and payment methods. It is important to understand how these features work together in order to ensure that customers are billed correctly and on time. Additionally, invoicing frequency can be used in conjunction with other features of the FS-CD Collections/Disbursements component such as payment reminders and dunning letters.