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

SAP Term: scheduled billing period

• Component: IS-U-BI

• Component Name: Contract Billing

• Description: Planned billing period, in which billing is to be performed. The scheduled billing period is defined in scheduling. The following periods can be defined in scheduling: monthly quarterly annually etc.

Smart SAP Assistant

• Key Concepts: 
  Scheduled billing period is a feature of the IS-U-BI Contract Billing component of SAP. It allows users to define a billing period for each contract and set up a schedule for when the billing should occur. This helps to ensure that customers are billed on time and that all billing activities are completed in a timely manner. 
  
  How to use it: 
  To use the scheduled billing period feature, users must first define the billing period for each contract. This can be done by setting up a start date, end date, and frequency for the billing period. Once this is done, users can then set up a schedule for when the billing should occur. This can be done by setting up a start date, end date, and frequency for the billing period. 
  
  Tips & Tricks: 
  When setting up the scheduled billing period, it is important to ensure that all contracts have the same start and end dates. This will help to ensure that all customers are billed on time and that all billing activities are completed in a timely manner. Additionally, it is important to ensure that all contracts have the same frequency so that customers are billed at the same time each month or year. 
  
  Related Information: 
  For more information about using the scheduled billing period feature of IS-U-BI Contract Billing, please refer to SAP's documentation on the topic. Additionally, there are many online resources available that provide tips and tricks for using this feature effectively.