What is invoice split in SAP SD - Sales and Distribution?

SAP Term: invoice split

• Component: SD

• Component Name: Sales and Distribution

• Description: The creation of several billing documents from one reference document sales order or delivery. For example, the invoice split function can be used to split a document by material group.

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• Key Concepts: 
  Invoice split is a feature in SAP Sales and Distribution (SD) that allows users to divide an invoice into multiple parts. This feature is useful when a customer needs to pay for multiple items on the same invoice, but wants to pay for each item separately. 
  
  How to use it: 
  To use the invoice split feature, users must first create an invoice in SAP SD. Once the invoice is created, users can select the “Split Invoice” option from the menu. This will open a window where users can enter the details of each item they want to split the invoice into. After entering all the details, users can save the changes and the invoice will be split into multiple parts. 
  
  Tips & Tricks: 
  When using the invoice split feature, it is important to make sure that all of the details are correct before saving. This will ensure that each part of the invoice is accurate and that there are no discrepancies between them. Additionally, it is important to keep track of which items have been split and which have not, as this can help prevent any confusion when reconciling invoices later on. 
  
  Related Information: 
  The invoice split feature in SAP SD is closely related to other features such as payment terms and credit management. Payment terms allow customers to pay for their invoices over time, while credit management helps ensure that customers are paying their invoices on time. Both of these features can be used in conjunction with invoice split to ensure that customers are able to pay for their invoices in a timely manner.