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

SAP Term: period-end billing

• Component: IS-U-BI

• Component Name: Contract Billing

• Description: Additional billing at the end of a period whereby the customer is billed for the closed period, for example, by means of backbilling.

Smart SAP Assistant

• Key Concepts: 
  Period-end billing is a process in the IS-U-BI Contract Billing component of SAP that allows customers to be billed for their usage of services at the end of a billing period. This process involves creating invoices for customers based on their usage of services during the billing period, and then sending those invoices to the customers. 
  
  How to use it: 
  In order to use period-end billing, you must first set up the billing parameters in the IS-U-BI Contract Billing component. This includes setting up the billing period, the billing date, and any other parameters that are necessary for the process. Once these parameters have been set up, you can then create invoices for customers based on their usage of services during the billing period. Finally, you can send these invoices to the customers. 
  
  Tips & Tricks: 
  When setting up the billing parameters in IS-U-BI Contract Billing, it is important to make sure that all of the necessary parameters are set up correctly. This will ensure that the invoices created are accurate and that they are sent to the correct customers. Additionally, it is important to make sure that all of the customer information is up-to-date so that invoices are sent to the correct address. 
  
  Related Information: 
  For more information about period-end billing in IS-U-BI Contract Billing, please refer to SAP's documentation on this topic. Additionally, there are many online resources available that provide tutorials and tips on how to use this process effectively.