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Former Member

Billing Plan

Hi All

Please explain the steps in billing plan for Milestone billing.

Thanks in advance

Regards

Rajesh

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3 Answers

  • Best Answer
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    Former Member
    Mar 31, 2010 at 10:47 AM

    HI Rajesh

    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.

    Regards

    Abhijeet

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  • Mar 31, 2010 at 10:48 AM

    Hi,

    This link will help you..

    Billing plan - Milestone and periodic Configuration

    (Pls search forum before u post this sort of basic questions)

    Reg,

    JJ

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    Former Member
    Mar 31, 2010 at 10:55 AM

    Hi,

    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 a milestone billing plan applies are billed on the basis of the requested delivery quantity and not on the total of the confirmed quantities

    Please refer for details

    http://help.sap.com/printdocu/core/print46c/en/data/pdf/SDBIL/SDBIL2.pdf

    http://www.shef.ac.uk/content/1/c6/06/17/31/TR_MAR_Copying_Milestone_Billing_Plans_From_Projects_GMGRANT.doc

    Regards

    Adarsh

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