What is billed and late in SAP IS-AFS-ARUN-IMD - ARO on In-Memory Database?

SAP Term: billed and late

• Component: IS-AFS-ARUN-IMD

• Component Name: ARO on In-Memory Database

• Description: A billed order that is delivered late.

Smart SAP Assistant

• Key Concepts: 
  Billed and late is a term used in the SAP IS-AFS-ARUN-IMD ARO on In-Memory Database component. It refers to the process of billing customers for goods or services that have been delivered late. This process involves creating an invoice for the customer, which includes the amount due and any applicable late fees. 
  
  How to use it: 
  In order to use this process, the customer must first be registered in the SAP system. Once registered, the customer can be billed for any goods or services that have been delivered late. The invoice should include the amount due, as well as any applicable late fees. The customer can then pay the invoice using their preferred payment method. 
  
  Tips & Tricks: 
  It is important to ensure that all invoices are accurate and up-to-date. This will help to ensure that customers are not overcharged for goods or services that have been delivered late. Additionally, it is important to keep track of any late fees that have been applied, as these can add up quickly if not monitored closely. 
  
  Related Information: 
  The SAP IS-AFS-ARUN-IMD ARO on In-Memory Database component also includes other features such as credit management, payment processing, and dispute resolution. Additionally, there are a variety of other SAP components that can be used to manage customer accounts and invoices, such as SAP FI/CO and SAP SD/MM.