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

SAP Term: final billing

• Component: IS-U-BI

• Component Name: Contract Billing

• Description: Billing triggered when a customer moves out or when the service territory is transferred to another supplier.

Smart SAP Assistant

• Key Concepts: 
  Final billing is a process in the IS-U-BI Contract Billing component of SAP that allows customers to generate invoices for their services. This process is used to create a final invoice for the customer based on the contract and usage data that has been collected. The final invoice is then sent to the customer for payment. 
  
  How to use it: 
  To use the final billing process, first the customer must have a contract set up in SAP. This contract will contain all of the necessary information such as pricing, usage data, and other relevant details. Once this is done, the customer can then generate an invoice based on this contract and usage data. The invoice will be sent to the customer for payment. 
  
  Tips & Tricks: 
  When setting up a contract in SAP, it is important to make sure that all of the necessary information is included. This will ensure that the final invoice generated is accurate and complete. Additionally, it is important to keep track of any changes made to the contract so that these changes can be reflected in the final invoice. 
  
  Related Information: 
  The IS-U-BI Contract Billing component of SAP also includes other processes such as interim billing and dispute management. Additionally, there are other components of SAP such as SD-BIL (Billing) and FI-CA (Contract Accounting) that are related to contract billing.