What is differential invoice in SAP IS-OIL-DS-MAP - Marketing, Accounting and Pricing?

SAP Term: differential invoice

• Component: IS-OIL-DS-MAP

• Component Name: Marketing, Accounting and Pricing

• Description: An invoice type which is used in formula and average pricing. When a price is tied to an index average which is not definitively set at the time of billing, a differential invoice is created at a later time, but only if the invoice amount changes. This process is simpler than the normal rebilling process.

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• Key Concepts: 
  Differential invoice is a type of invoice used in the IS-OIL-DS-MAP Marketing, Accounting and Pricing component of SAP. It is used to record the difference between the actual price of a product or service and the price that was initially agreed upon. This type of invoice is typically used when there is a discrepancy between the original price and the actual price due to changes in market conditions or other factors. 
  
  How to use it: 
  Differential invoices are created in SAP by entering the original price and the actual price into the system. The system will then calculate the difference between the two prices and generate an invoice for that amount. The invoice can then be sent to the customer for payment. 
  
  Tips & Tricks: 
  When creating a differential invoice, it is important to ensure that all relevant information is included on the invoice, such as the original price, actual price, and any applicable taxes or fees. Additionally, it is important to ensure that all parties involved are aware of any changes in pricing before an invoice is generated. 
  
  Related Information: 
  Differential invoices are just one type of invoice used in SAP. Other types of invoices include standard invoices, credit memos, debit memos, and pro forma invoices. Additionally, SAP also offers a variety of other features related to invoicing, such as payment processing and reporting.