What is billing run date in SAP SD-BIL-IV-CB - Consolidated Billing?

SAP Term: billing run date

• Component: SD-BIL-IV-CB

• Component Name: Consolidated Billing

• Description: The date on which legal invoices are to be created for the currently active invoice package in an invoice group.

Smart SAP Assistant

• Key Concepts: 
  The billing run date is a key component of the SAP SD-BIL-IV-CB Consolidated Billing module. It is the date on which the billing run is executed and the invoices are generated. The billing run date is used to determine which invoices should be included in the billing run. 
  
  How to use it: 
  The billing run date can be set in the SAP system by going to the SD-BIL-IV-CB Consolidated Billing module and selecting the “Billing Run Date” option. This will open a window where you can enter the desired date for the billing run. Once you have entered the date, click “Save” to save your changes. 
  
  Tips & Tricks: 
  It is important to remember that the billing run date should be set at least one day before the invoices are due to be sent out. This will ensure that all invoices are included in the billing run and that they are sent out on time. 
  
  Related Information: 
  The SAP SD-BIL-IV-CB Consolidated Billing module also includes other features such as invoice generation, payment processing, and customer account management. For more information about these features, please refer to the SAP documentation.