From the course: Learning SAP SD (Sales and Distribution)
Join today to access over 22,600 courses taught by industry experts or purchase this course individually.
Billing and returns overview - SAP ERP Tutorial
From the course: Learning SAP SD (Sales and Distribution)
Billing and returns overview
- [Instructor] After sales have been made and orders have been shipped, the final step is billing the customer, or if something was not correct in the order, setting up a return. Let's take a look at billing and returns in SAP. First, we'll cover the components of billing. Invoices in SAP record the amount to be paid and the details of the material or service that was provided to the customer. There are two strategies for invoice creation in SAP. The first type is order-based billing, and in this scenario, invoices are created based directly on the sales orders. In this case, a company usually wants to receive payment before the order is shipped. So the invoice is sent shortly after the order is created. Billing can also be based on delivery. In delivery-based billing, invoices are created after the order has been shipped and the goods have been issued to the customer. Invoices are created by copying information in from the sales order or from the delivery document. The final step in…
Download courses and learn on the go
Watch courses on your mobile device without an internet connection. Download courses using your iOS or Android LinkedIn Learning app.