What is collective invoice in SAP SRM-EBP-INV - Invoicing?

SAP Term: collective invoice

• Component: SRM-EBP-INV

• Component Name: Invoicing

• Description: Invoice that refers to more than one purchase order.

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• Key Concepts: 
  A collective invoice is a type of invoice used in SAP SRM-EBP-INV Invoicing. It is used to combine multiple invoices into one, making it easier to manage and track payments. This type of invoice is typically used when dealing with multiple vendors or suppliers. 
  
  How to use it: 
  To create a collective invoice, you must first create individual invoices for each vendor or supplier. Once all the invoices have been created, you can then combine them into one collective invoice. This can be done by selecting the invoices you want to include in the collective invoice and then clicking the “Create Collective Invoice” button. 
  
  Tips & Tricks: 
  When creating a collective invoice, make sure to double-check that all the invoices you are including are correct and up-to-date. This will help ensure that payments are made accurately and on time. Additionally, it is important to keep track of the individual invoices that make up the collective invoice, as this will help with tracking payments and managing accounts. 
  
  Related Information: 
  For more information on collective invoices in SAP SRM-EBP-INV Invoicing, please refer to the official SAP documentation. Additionally, there are many online resources available that provide helpful tips and tricks for using collective invoices in SAP SRM-EBP-INV Invoicing.