Billing and Payment Process in ERP SAP for ABAP Programmer

Billing and payments are integral part of any business entity and words largest ERP SAP has inbuild process to run this business in a systematic way without any gaps.Being a person in the programming language to extract data from data source every ABAP person need to know about this.Here in this post we are going to deal about this aspects.

If you create a billing document, knowledge is copied from the sales order and the supply doc to the billing document. Delivery gadgets as well as order item scan be references for the billing document.The billing doc serves several vital functions:

1.It's the sales and distribution doc that helps you to generate invoices.

2.The billing doc serves as an information supply for financial accounting (FI) that will assist you to monitor and process buyer payments.

3.When you create a billing doc, the G/L accounts will usually be up to date automatically.During this process, the R/3 system carries out

4.a debit posting on the client receivables account and

5.a credit score posting on the revenue account.You may create an bill for one delivery or gross sales order.

6.You may group invoices utilizing choice criteria, similar to buyer, billing date and destination

7.The SAP System can mix deliveries right into a billing document, provided these deliveries share some important billing traits, for example:

  • Payer
  • Billing date
  • Destination country

The SAP System can create invoices both on-line or as a background job to be executed during offpeak hours.A billing doc includes two levels: header and item. The information is distributed as follows:

Billing doc header

The data for the doc header is valid for all the document. This contains, for example, knowledge
concerning the payer and billing date.

Billing doc gadgets

Every item within the sales document comprises its own data. This contains, for example, particulars about the material, billing portions and net values for the items. Each billing doc can have a number of items.

To course of billing paperwork efficiently, the information may be read and processed in numerous views. The views are grouped into overview, header and item screens.

When you save the billing doc, the system robotically generates all the required paperwork for accounting. In accounting, the R/three system carries out a debit posting on the shopper receivables account and a credit posting on the income account.

The accounting doc accommodates all the finished postings in monetary accounting that refer back to pricing in SD, for instance, the receivable on the shopper account or the obtained net sales and taxes on the relevant G/L accounts.

When you save the billing doc, further documents for accounting will be robotically generated by the system, for example, for the elements Controlling (CO), profitability analysis, market segment evaluation (CO-PA) or consolidation (FI-LC). When the billing doc is posted, the following additionally occurs:

  • the status in all associated gross sales, supply and billing documents, is updated
  • the gross sales statistics in the gross sales info system are updated
  • the customer credit score account is updated

When you post an incoming fee, the relevant G/L accounts will most likely be up to date automatically.Throughout this course of, the R/3 system carries out.A debit posting to the money account and a credit memo to the customer receivables account.

The documents in a sales course of are linked to one another using the document flow. This permits you to entry the history and current standing of your gross sales processes at any time.

You'll be able to show the doc circulation as an inventory of linked documents. All previous and succeeding paperwork are displayed, depending on the document you call the listing from.

From this listing, you can display the related paperwork or name up status overviews for the documents.

This gives an overview of the development of your gross sales processes at any time, and you'll
reply customer questions quickly and reliably.

The document circulate is up to date on the document header and document line level.

Solely gross sales paperwork include schedule lines. Since each schedule line accommodates its personal supply date, every deliverable schedule line turns into an item in a delivery document. Subsequently delivery paperwork and billing documents do not need schedule lines.

Sales and Distribution integrates with a selection of different modules.Your organization manages buyer orders from preliminary request for product to the receipt and posting of customer cost as a half of the Buyer Order Management cycle.

To start the cycle, your company typically enters buyer orders which contain customer and product info, as nicely as delivery schedules. Order entry personnel use this information to advise clients about costs and delivery dates earlier than they confirm an order. Here Gross sales and Distribution integrates with Materials Administration for availability checking. For make to order product, Gross sales and Distribution integrates with Production Planning in order that the product is made to satisfy the customer order requirement. Supply and billing processing each combine with Mission Systems.

Following order entry, your company schedules and organizes buyer orders for optimal delivery.Product is picked in the Warehouse Management module and print the shipping documents. When the supply is released to the shopper stock quantities have to be decreased and the general ledger have to be up to date appropriately. Right here Sales and Distribution, via Posting Goods Situation, integrates with Supplies Management and Financial Accounting and possibly Controlling.

After you ship the product, an bill must be generated and the transaction posted to the final ledger. The Financial Accounting periodically evaluations the client’s open gadgets and posts the incoming funds when received.

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