What is invoicing plan in SAP SRD-CRM-INV - CRM-Customer Invoice?

SAP Term: invoicing plan

• Component: SRD-CRM-INV

• Component Name: CRM-Customer Invoice

• Description: A detailed schedule of billing dates.

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• Key Concepts: 
  An invoicing plan is a tool used in SAP Customer Relationship Management (CRM) to manage customer invoices. It allows users to define the terms of payment for customers, such as payment due dates, discounts, and payment methods. The invoicing plan also helps to ensure that customers are billed correctly and on time. 
  
  How to use it: 
  Invoicing plans can be created in SAP CRM by navigating to the “Invoicing Plan” tab in the “Customer Invoice Management” component. From there, users can define the terms of payment for each customer, such as payment due dates, discounts, and payment methods. Once the invoicing plan is created, it can be used to generate invoices for customers. 
  
  Tips & Tricks: 
  When creating an invoicing plan, it is important to ensure that all of the terms of payment are accurate and up-to-date. Additionally, it is important to review the invoices generated from the invoicing plan to ensure that they are correct and that all payments are received on time. 
  
  Related Information: 
  For more information about SAP Customer Relationship Management (CRM) and how to use its invoicing plan feature, please refer to the SAP Help Portal or contact your local SAP representative.