What is recurring invoice in SAP SRD-CRM-INV - CRM-Customer Invoice?

SAP Term: recurring invoice

• Component: SRD-CRM-INV

• Component Name: CRM-Customer Invoice

• Description: A template that allows you to specify that items are invoiced at regular intervals, for example, for monthly rent.

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• Key Concepts: 
  A recurring invoice is a type of invoice that is generated and sent to customers on a regular basis. This type of invoice is typically used for services that are provided on a regular basis, such as subscription services or recurring payments. The SAP Component SRD-CRM-INV CRM-Customer Invoice is used to manage the creation and sending of recurring invoices. 
  
  How to use it: 
  The SAP Component SRD-CRM-INV CRM-Customer Invoice can be used to create and send recurring invoices. This component allows users to set up a schedule for when the invoices should be sent, as well as the frequency of the invoices. Additionally, users can customize the content of the invoices, such as adding line items or discounts. 
  
  Tips & Tricks: 
  When setting up a recurring invoice schedule, it is important to ensure that the frequency of the invoices matches the customer’s payment schedule. Additionally, it is important to ensure that all line items and discounts are accurately reflected in the invoice before it is sent. 
  
  Related Information: 
  For more information about using the SAP Component SRD-CRM-INV CRM-Customer Invoice to manage recurring invoices, please refer to the SAP Help Portal. Additionally, there are many online resources available that provide tips and tricks for using this component effectively.