What is Japanese billing period in SAP (IS-U-BI - Contract Billing)?

SAP Term: Japanese billing period

• Component: IS-U-BI

• Component Name: Contract Billing

• Description: Period between the meter reading date of the last periodic result and the meter reading date of the current periodic result minus 1 day. &EXAMPLE& Date of last periodic result: March 31, 2005 Date of current periodic result: April 30, 2006 Using these two dates in the calculation gives the following Japanese billing period: JBP = March 31, 2005 to April 29, 2006

Smart SAP Assistant

• Key Concepts: 
  Japanese billing period is a feature of the IS-U-BI Contract Billing component of SAP. It allows users to define billing periods for contracts in Japan, based on the Japanese fiscal year. This feature is useful for companies that need to bill customers in Japan according to their fiscal year. 
  
  How to use it: 
  To use the Japanese billing period feature, users must first define the Japanese fiscal year in the system. This can be done by entering the start and end dates of the fiscal year in the system. Once this is done, users can then define billing periods for contracts in Japan based on the Japanese fiscal year. 
  
  Tips & Tricks: 
  When defining billing periods for contracts in Japan, it is important to ensure that all contracts are billed according to the same fiscal year. This will help ensure accuracy and consistency when billing customers. 
  
  Related Information: 
  For more information on how to use the Japanese billing period feature of IS-U-BI Contract Billing, please refer to SAP's official documentation.