What is billing schema extension in SAP IS-U-BI - Contract Billing?

SAP Term: billing schema extension

• Component: IS-U-BI

• Component Name: Contract Billing

• Description: An entity in which is integrated in the billing schema according to the IS-U data model. The billing schema extension consists of groups of rates and their rate relationships. The conditional rates are activated by conditional billing programs. By allocating conditional billing programs to time-of-use exception programs, the respective rates of the billing schema extension are used for the active time-of-use exception.

Smart SAP Assistant

• Key Concepts: 
  Billing schema extension is a feature of the IS-U-BI Contract Billing component of SAP. It allows users to extend the existing billing schemas to include additional fields and functions. This allows for more flexibility and customization when creating billing documents. 
  
  How to use it: 
  To use the billing schema extension feature, users must first create a new billing schema in the IS-U-BI Contract Billing component. Once the schema is created, users can then add additional fields and functions to the schema. This can be done by selecting the “Extend” option from the menu bar. 
  
  Tips & Tricks: 
  When extending a billing schema, it is important to ensure that all of the fields and functions are properly configured. This will ensure that the billing documents are accurate and up-to-date. Additionally, it is important to test the extended schema before using it in production. 
  
  Related Information: 
  For more information on how to use the billing schema extension feature in SAP IS-U-BI Contract Billing, please refer to SAP’s official documentation. Additionally, there are many online tutorials and videos available that provide step-by-step instructions on how to use this feature.