What is day group in SAP IS-U-BI - Contract Billing?

SAP Term: day group

• Component: IS-U-BI

• Component Name: Contract Billing

• Description: Consists of days and is used in the time-of-use interface TOU interface. Day groups can have specific rules and prices within time-of-use billing, or they can be broken down further into time-of-use periods.

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• Key Concepts: 
  A day group is a grouping of days in the SAP IS-U-BI Contract Billing component. It is used to define the billing period for a contract and can be used to group days into weeks, months, or other periods. Day groups are used to determine when bills are generated and when payments are due. 
  
  How to use it: 
  Day groups are created in the SAP IS-U-BI Contract Billing component. They can be used to define the billing period for a contract and can be used to group days into weeks, months, or other periods. Day groups can also be used to determine when bills are generated and when payments are due. 
  
  Tips & Tricks: 
  When creating day groups, it is important to consider the billing period for the contract and how it will affect the payment schedule. It is also important to consider any holidays or other special days that may affect the payment schedule. 
  
  Related Information: 
  For more information on day groups in SAP IS-U-BI Contract Billing, please refer to the SAP Help documentation.