What is duty in SAP IS-U-BI - Contract Billing?

SAP Term: duty

• Component: IS-U-BI

• Component Name: Contract Billing

• Description: Duty on the net amount of a bill, differing from region to region. Examples: compensation tax, Bigge surcharge.

Smart SAP Assistant

• Key Concepts: 
  Duty is a term used in the SAP IS-U-BI Contract Billing component to refer to the amount of money that a customer owes for a particular service or product. It is calculated based on the customer's usage of the service or product, and can be adjusted based on any discounts or promotions that may be applicable. 
  
  How to use it: 
  In SAP IS-U-BI Contract Billing, duty is calculated automatically based on the customer's usage of the service or product. The customer's usage is tracked and updated in real-time, so that the duty amount can be adjusted accordingly. The duty amount can also be manually adjusted by the user if necessary. 
  
  Tips & Tricks: 
  When calculating duty, it is important to take into account any discounts or promotions that may be applicable to the customer. This will ensure that the customer is not overcharged for their usage of the service or product. Additionally, it is important to regularly review and update the customer's usage data in order to ensure that the duty amount is accurate. 
  
  Related Information: 
  For more information about SAP IS-U-BI Contract Billing, please refer to the official SAP documentation at https://help.sap.com/viewer/product/IS_U_BI/latest/en-US.