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

SAP Term: final invoice

• Component: IS-OIL-DS-MAP

• Component Name: Marketing, Accounting and Pricing

• Description: New invoice that cancels any provisional invoice sent before the final price of an oil product is known. In formula and average pricing, the period over which average prices are calculated may include dates that are in the future. A provisional invoice can be sent based on provisional calculation rules. This invoice is later canceled by the final invoice.

Smart SAP Assistant

• Key Concepts: 
  Final invoice is a document that is issued by a seller to a buyer for goods or services that have been provided. It is the last invoice issued for a particular transaction and serves as a record of the transaction. In the IS-OIL-DS-MAP Marketing, Accounting and Pricing component of SAP, final invoices are used to record the sale of goods or services and to calculate the total amount due from the buyer. 
  
  How to use it: 
  In SAP, final invoices are created in the Sales Order module. The user will enter the details of the transaction, including the customer, product, quantity, and price. Once all of the information has been entered, the user will generate a final invoice which will be sent to the customer. The customer will then pay the amount due according to the terms of the invoice. 
  
  Tips & Tricks: 
  When creating a final invoice in SAP, it is important to ensure that all of the information is accurate and up-to-date. This includes verifying that all of the customer’s contact information is correct and that all of the product details are accurate. Additionally, it is important to ensure that all taxes and fees are included in the total amount due from the customer. 
  
  Related Information: 
  In SAP, final invoices are part of a larger process known as Accounts Receivable (AR). AR is responsible for managing customer accounts and ensuring that payments are received on time. Additionally, AR can be used to track customer payments and generate reports on customer activity.