Convergent Invoicing - Recurring and One-Off Items (2T3)

Using billing plans in Convergent Invoicing, you define for a customer when and how frequently an amount is invoiced. For this reason, the billing plan is divided into plan items, billable items that are already generated, and reference items.

Key Process Steps Covered

• Define billing cycle
• Perform billable item management for billing plan
• Perform billable item transfer for billing plan
• Perform billing plan definition and customizing
• Perform billing process for billing plan

Benefits

• Invoice recurring charges as a monthly contract fee
• Invoice one-time charge like a contract activation fee
• Offer monthly credit
• Create down payment requests to build up an advance payment plan

Additional Information

• This scope item requires an additional SAP S/4HANA Cloud license

Where is Convergent Invoicing - Recurring and One-Off Items(2T3) being used?

This Scope item is used in the following way:

• As a core function of Subscription Billing and Revenue Management within Finance Scope Item Group

Process flow of Convergent Invoicing - Recurring and One-Off Items (2T3)

• Best Practices of SAP S/4HANA On Premise *1
• Best Practices of SAP S/4HANA Cloud *2
• Best Practices of SAP Analytics Cloud *2
• Best Practices of Robotics Process Automation(RPA) with SAP Leonardo *2

• RISE with SAP
• SAP S/4HANA Cloud
• SAP on Azure
• Business Process Management