Difference between billing and invoice?

Hi all
can anybody say Difference between billing and invoice?
thanks

Hi Ipsit,
Invoice is document indicating to delivery goods and Billing is a receipt of payment
Tables are VBRK & VBRP. For flow, go to transaction VF03, enter document number and hit 'Display Document Flow' button on toolbar
VBRK and VBRP holds billing/invoice details..
Billing Document:
Generic term for invoices, credit memos, debit memos, pro forma invoices and cancellation documents.
The tables are VBRK and VBRP.
2) -- once u do PGI the delivery document will be created. There is no way to stop it.. The thing u can to do go to the list of created deliveries in VL09. Select the delivery doc which u created. There u have the option of reversing the goods or canceling it.
Billing is generic term and u can say invoice is a type of billing document.
After PGI only way left is to cancel it by Using TCODE MBST as this Tcode is used to cancel any material document.
Please Reward If Really Helpful,
Thanks and Regards,
Sateesh.Kandula

Similar Messages

Difference between billing and invoice? How to stop PGI?

can u please help me in these questions.
Difference between billing and invoice? How to stop PGI?

Invoice is document indicating to delivery goods and Billing is a receipt of payment
Tables are VBRK & VBRP. For flow, go to transaction VF03, enter document number and hit 'Display Document Flow' button on toolbar
vbrk and vbrp holds billing/invoice details..
Billing Document:
Generic term for invoices, credit memos, debit memos, pro forma invoices and cancellation documents.
The tables are VBRK and VBRP.
2)-- once u do PGI the delivery document will be created . there is no way to stop it .. the thing u can to do go to the list of created deliveries in VL09.. select the delivery doc which u created.there u have the option of reversing the goods or canceling it.
let me know if i am wrong...
thanks,
madhan
Message was edited by:
madhan n

What is the difference between billing and invoice

hi

Hi,
Generally in SAP Billing comes under SD (VF01)to create document to the Customer and Invoice Comes under MM(MIRO)to create document to the Vendor.
In SD side we are given Material to the customer and in MM we are recieved Material from the Customer.
Raghu

Difference bet Billing and invoice

Hi All
pls tell the difference between Billing and invoice.
Regards
Nagendra

Hi ,
Both are the same .
Becuase it is called Billing Invoice .
Invoice is document indicating to delivery goods and Billing is a receipt of payment .
Please reward if useful.

Report - quantity and value difference between delivery and invoice?

Hello experts,
My client use u201EProof of deliveryu201D t-code: VLPOD. There is always quantity and value difference between delivery and invoice.
Do you know any report which will show this differences between delivery and invoice?
Best regards,
Maciej

Hi,
Note 867678 - Proof of delivery (POD), delivery and billing document will help you to understand POD flow.
You have the tcode VLPODF/VLPODL/VLPODA, but perhaps they will not help you. So, as the before note suggests you, you can use the tables VBFA, LIKP, LIPS, VBRK, VBRP, TVPOD and TVPODG to do your own report.
I hope this helps you
Regard,
Eduardo

Posting of difference between PO and invoice by authorization level

Hi all,
I have a question on price difference between PO and invoice.
If i want to restrict postings of invoice by authorization like the following, is it possible to be done? If yes, how?
Clerks only allowed to post those invoice with no difference and rounding difference (small difference). Other invoice with difference (not caused by rounding) can be posted by a higher authorised person and not the clerk. Can this type of authorization be set?
Thanks.
Regards,

Hello
First decide on the authorization roles for different users.
Then these roles can be set by the BASIS team.
Also tolerence groups for different users and amounts can also be set.
Tolerances for Employees
To carry out the activity, choose one of the following navigation options:
Transaction Code     SPRO
IMG Menu     Financial Accounting ® Accounts Payable Accounts Receivable ® Business Transactions ® Incoming Payments ® Manual incoming payments ® Define Tolerance Groups for Employees
Tolerances for Business Partners
To carry out the activity, choose one of the following navigation options:
Transaction Code     SPRO
IMG Menu     Financial Accounting ® Accounts Payable Accounts Receivable ® Business Transactions ® Incoming Payments ® Manual incoming payments ® Define Tolerances (Customer)
Regards

Difference between BillingDocument and invoice

Hi Experts,
can u tell me what is difference between billing document and invoice.

Hi
Invoices are always primary documents.
Other billing documents, such as debit or credit memos, can be primary or secondary
documents. This depends on the order reason entered in the billing document.
For more information on how the order reason is used to control primary and secondary
documents, see Order Reason in Retroactive Billing [Page 8]. This section will also provide a
more detailed example of how retroactive billing works.
Primary Documents
Primary documents are:
Invoices
Credit memos that refer to returns
Credit and debit memos in which you have entered the relevant order reason
You can also assign an order reason to a memo request which then passes it along to
the referenced credit or debit memo.
Secondary Documents
Secondary documents are the following billing documents in which you have entered the relevant
order reason:
Credit and debit memo requests
Credit and debit memos
The system displays such a document only when it has been created with reference to the
invoice and when the currencies in both documents match.
The billing document can be an invoice, per-forma invoice,
cash sales invoive, credit memo and a debit memo. Where as
an invoice is a type of billing doc used to bill the
customer for services or goods delivered
Use this message id
Re: Diff B/W Billing and Invoice
Regards
Shiva

Rounding Up Difference between Billing and FICA

Hi All, We currently have an issue with Billing and FICA in that the way figures are rounded up are different such that there's always a difference of u20AC0.01 between individual line items . However this does not happen for all cases. Does anyone know if there's any settings in customizing that can be changed so that they round up the same way?

Hi There,
The following possibilities exist: you can have rounding in the operands of your rate. That is the first place to check. Then there are various customizing settings for rounding. For example: in img under invoicing but also for budget billing plan, payment plan etc. You will have to check all these places. The easiest way to find all the entries in img for rounding is through searching the IMG with the binoculaurs and entering 'rounding'.
Good luck,
Sebastian

Difference between Pgi and Invoice verification

good receipt=100
invoice verfication=110
how u can find out price differences

hi,
During Goods receipts values floes from Purchase order as there will no invoice of vendor.
At gate security will just enter PO number and qty. system internally will generate
Invent
to GRIR
based on po value
later when final invoice is received from vendor in Finance. Finance wil carry out MIRO and enter Gr number or PO number and MIgo enter will appear. At that point difference in value between PO and final invoice will appear.
Hope it is clear
Regards,
Atul

Rounding price difference between billing and VA02

Hello,
I have a rounding problem with a price condition, when I create my order, SAP gives me a rounding difference of u20AC 0.01 (wich is normal)
Then, when I do the billing, I must go in the header for this rounding to be applied (behavior standand SAP)
However, when I returned to VA02 (or when I run a production order related to this command), the rounding difference is removed, thus the price change and I have a different price between the order and the bill.
This issue happens for a percentage condition but not for a fixed amount
Can you help me please?

hi
check your rouding off setting for the condition type for currencies and change if its required.

Differences between billing and accounting document with down paym. request

Hello to all
We are creating down payment request billing from one sales order with two sales order items that has different tax classification material.
The billing document is created correctly (with the same value for each item), not as the account document.
If you compare the value from the billing document to the account document is not the same. In the account document the system decreases the amount of the first item with the tax amount of the second item and the same for the second item (the amount of the second item decreases the amount of the second item with the tax amount of the first item).Then the tax amount of the two items is right.
If the two items have the same tax classification material, it works fine.
Can anyone help me?, is it a problem with the payment request billing?.
Thanks in advance.
Edited by: tonnetti pablo on Jan 8, 2008 9:46 AM

Hi,
The following Customizing settings have to be made for down payment processing:
Settings for the billing plan To activate the billing plan function, maintain the materials, for which you wish to process down payments, with item category group 0005 (milestone billing). This gives the item type TAO via item type determination. The item type TAO calls up the billing plan function.
You need to implement the following activities in the billing plan for down payments:
Maintain deadline category This determines the billing rule (percentage or value down payment) for the down payment request. The system assigns billing type FAZ (payment request) defined in the standard system with billing category P. (For the billing type FAZ there is the cancellation billing document type FAS in the standard system).
Maintain the deadline proposal Use the down payments that are due for the proposed deadlines.
Maintaining a Pricing Procedure with the Condition Type AZWR:
In the standard system the condition type AZWR is delivered for the down payment value already provided but which has not yet been calculated. You must include this condition type in the relevant pricing procedure before output tax.
Enter condition 2 (item with pricing) and the calculation formula 48 (down payment clearing value must not be bigger than the item value) for the condition type AZWR.
Before the condition AZWR you can create a subtotal with the base value calculation formula 2 (net value). If the condition AZWR is changed manually, you can get information on the original system proposal from the subtotal.
Maintain the printing indicator The pricing procedure can not be marked as a transaction-specific pricing procedure (field Spec.proc.) The condition type AZWR has the calculation type B (fixed amount) and the condition category E (down payment request / clearing).
Maintaining the Billing Document In the standard system there is the billing type FAZ (down payment request) and the billing type FAS for canceling . The down payment is controlled using the billing category P of the billing type. A billing type becomes a down payment request when the billing category P is assigned. You have to maintain blocking reason 02 (complete confirmation missing) for the billing documents and assign it to billing type FAZ.
Copying control Copying requirement 20 must be entered in copying control at item level for the down payment request. In the standard system the order type TA for copying control is set up according to the billing type FAZ for the item category TAO.
Copying requirement 23 must be entered in copying control at item level for down payment clearing. In the standard system the order type TA for copying control is set up according to the billing type F2 for the item category TAO.
Financial Accounting settings A prerequisite for down payment processing is that the account is assigned to the underlying sales document. To do this, change the field status settings in Customizing as follows:
Set reconciliation accounts (transaction OBXR) For the `received down payments and `down payment requests from
the G/L accounts you have selected, you should assign the field status definition G031.
Maintain accounting configuration (transaction OBXB) For the down payments (posting key ANZ in the standard system) and the output tax clearing (posting key MVA in the standard system), you must maintain the posting key.
You must also carry out a G/L account number assignment for the tax account.
Maintain the posting key (transaction OB41) For posting key 19, set the sales order as an optional field
Maintain the field status definition (transaction OB14) For field status variant 0001, field status group G031, set the
sales order as an optional field
Assign the company code to the field status variants (transaction OBC5)
Regards,
Siddharth.

Defference b/w Bill and Invoice?

What is the difference b/w Bill and Invoice?

Billing is sap internal reference number which is maintained in VF01 and tables
VBRK VBRP gets updated .
Billing in terms means that i have a reference with so and so details that this is the amount charged to the customer for the purchase .
But when i produce this document in paper-work then it is called INVOICE
which is handed over to the customer and the paper work is a legal document that holds details of price and etc...
This is the difference between Billing and invoice.
There will be terms called as INVOICE , First commercial invoice and second commercial invoice but never they can be called as First Billing and second Billing etc.
I hope u got the point.
reward points
regards,
navjot
Message was edited by:
navjot sharma

Billing and Invoice

Hi Gurus,
What is the diff. between billing and invoice?

Dear,
There are not a big different in Billing and Invoice.
Both are related to debit account of customer.
In SAP, Billing is the process to rs. from customer account and give the hard copy to customer.
Billing : VF01 and Invoice = Hard Copy.
Regards,
Sandip

What'z the difference between the Commercial Invoices and

What'z the difference between the Commercial Invoices and
Invoices/Excise Invoices? Also I understand that we can combine 2~3
invoices and can create one commercial invoice? If it is possible, how
to create the same?
cheers
shalsa007....

Hello,
A commercial invoice is a bill for the goods from the seller to the buyer. Commercial invoices are utilized by customs officials to determine the value of the goods in order to assess customs duties and taxes.
In general there is no standard form for a commercial invoice although they tend to contain many of the following features:
     seller's contact information
     buyer's contact information
     consignee's contact information (if it is different from the buyers)
     invoice date
     a unique invoice number
     sales terms (usually in incoterm format)
     payment terms
     currency of sale
     full quantities and description of merchandise (Generally this includes unit price and total price. Product descriptions should be consistent with the buyer's purchase order. Including the Harmonized System commodity codes can be helpful, especially in countries that are WTO members.)
Excise invoice Original for Buyer copy, whether prices are inclusive or exclusive of excise duty.
The invoice in which the Excise duties are included.
As per Indian tax system, Excise duty (16%) is payable by each manufacturing unit on the value of manufactured goods / on the value added. The manufacturing plant is supposed to submit an excise duty report on fortnightly / monthly basis. Various registers (RG1, RG23A, RG23C, PLA) are maintained for that purpose, which record all the transactions including movement of goods, cenvat credit available and cash balance available.
In SAP, we use transaction j1id for configuration and j1iin, j2i7, j1i5, j2i5, j2i6, j1ip for creating, extracting and printing excise invoice.
*Please reward if this helps**
Regards
AK

Difference between LIV and Normal Invoice document

Hi Guys,
What is the difference between an LIV invoice and a normal FI invoice document.
Are the entries different or something.
In which cases do we go for LIV invoicing.
thanks
srik.

Hi,
LIV is useful for verifying goods which related to MM. When goods purchased or when received verifying the invoice details like quantity, rate, invoice number etc., PO with the invoice. LIV is linked to FI and MM. But FI inovice is creating only in FI, it no where linked to any module.
Entries are different in both cases.
Regards
Sunil

Difference between billing and invoice?

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