Topics: Wadge hierarchy, Project, Order Pages: 3 (550 words) Published: December 31, 2012
Billing Plan for Milestone Billing
Milestone billing means distributing the total amount to be billed over multiple billing  dates in the billing plan. 

As each milestone is successfully reached, the customer is billed either a percentage of  the entire project cost or simply a pre-defined amount.

During sales order processing, the system determines from the item category whether a  billing plan is required and, if so, which type of plan

The type of billing plan that is determined at this point is set up in Customizing and  cannot be changed in the sales document. 

Billing plans for periodic billing and milestone billing plans for project-related milestone  billing have different overview screens so that you can enter data relevant to your  processing. 

For example, for milestone billing, you must be able to enter data to identify the  individual milestones.

IMG configuration requires :-

1.  Maintain billing plan types for milestone billing in OVBO.

2.  Define date description in SM30 - V_TVTB.

3.  Maintain Date Category for Billing Plan Type IN OVBJ.

4.  Allocate date category in SM30 - V_TFPLA_TY.

5.  Maintain date proposal for Billing Plan Type in OVBM.

6.  Assign Billing Plan Type to Sales Documents Type in OVBP.

7.  Assign Billing Plan Type to Item Categories in OVBR.

8.  Define rules for determining the date in OVBS.

Milestone billing is typically used for billing projects, such as plant engineering and  construction projects. Such projects often include a series of milestones that mark the  completion of different stages of the work. In the SAP R/3 System, milestones are defined  in a network along with planned and actual dates for the completion of work. The milestones  are also assigned to the billing dates in the billing plan. 

Each milestone-related billing date is blocked for processing until the Project System  confirms that the milestone is completed.

Delivery-relevant order items for which...
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