What is invoice group owner in SAP SD-BIL-IV-CB - Consolidated Billing?

SAP Term: invoice group owner

• Component: SD-BIL-IV-CB

• Component Name: Consolidated Billing

• Description: A role in SAP Flexible Billing Solution. The invoice group owner is responsible for the creation and maintenance of invoice groups.

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• Key Concepts: 
  Invoice Group Owner is a feature of SAP's Consolidated Billing component. It allows customers to assign a single owner to a group of invoices, which simplifies the billing process. The owner is responsible for managing the invoices and ensuring that they are paid on time. 
  
  How to use it: 
  To assign an invoice group owner, the customer must first create an invoice group in SAP. This can be done by selecting the “Create Invoice Group” option in the Consolidated Billing menu. Once the invoice group is created, the customer can assign an owner to it by selecting the “Assign Invoice Group Owner” option in the same menu. 
  
  Tips & Tricks: 
  It is important to ensure that the invoice group owner is someone who is reliable and can be trusted to manage the invoices properly. It is also important to ensure that the owner has access to all of the necessary information about the invoices, such as due dates and payment amounts. 
  
  Related Information: 
  For more information about SAP's Consolidated Billing component, please refer to SAP's official documentation at https://help.sap.com/viewer/product/SAP_ERP_6.0_EHP7/7.31/en-US/f3d8f9a2b3e14c8a9f2d5b3c9f1e4d6a.html