Mass Invoicing

Hi

In our client site we run the mass invoicing every quarter for the periodic billing for various contracts.

Requirement is :

• if the line items are rejected billing should be blocked
• if the contract is cancelled billing should be blocked
• now for the successful contracts invoicing should be generated.
• Now in a quarter we do the invoicing for about 300 parties.. on average..

Now without going into any development, with standard SAP method, can we achieve this ? In VF04 I know we can do it, but I want more information on this.

If any one have any such experience, please share

Regards,

Venkat.