What is 'monthly customer' in SAP IS-U-CA - Contract Accounts Receivable and Payable?

monthly customer - Overview

• Component: IS-U-CA

• Component Name: Contract Accounts Receivable and Payable

• Description: Utility company customer, who is billed every month

monthly customer - Details

• 
  Key Concepts: 
  Monthly customer is a term used in the SAP IS-U-CA Contract Accounts Receivable and Payable component. It refers to a customer who pays their bills on a monthly basis. This type of customer is typically billed at the end of each month for the services they have received. 
  
  How to use it: 
  In SAP IS-U-CA, monthly customers are identified by their billing cycle. This can be set up in the system by entering the customer’s billing cycle in the “Billing Cycle” field. Once this is done, the system will automatically generate invoices for the customer at the end of each month. 
  
  Tips & Tricks: 
  When setting up a monthly customer in SAP IS-U-CA, it is important to ensure that all of the customer’s information is accurate and up-to-date. This includes their address, contact information, and payment details. This will ensure that invoices are sent out correctly and on time. 
  
  Related Information: 
  For more information on setting up monthly customers in SAP IS-U-CA, please refer to the official SAP documentation. Additionally, there are many online resources available that provide step-by-step instructions on how to set up monthly customers in SAP IS-U-CA.