SAP Describe invoicing plans

The ability to pay invoices as per some set schedule, it is independent of actual goods receipt or performance of services. GR indicator should be set for “GR non-valuated”.

Logistics Invoice Verification à Automatic Settlement àInvoicing Plan settlement

There are two type;

Periodic invoicing plan – like for monthly payments example rent/lease

Partial invoicing plan – like the payment is tied to some milestone (in installments)

For being able to use invoicing plans the following conditions should be met;

·         Settings in customizing for purchasing (for example invoicing plan type, date categories, date descriptions, and date sequence proposals)

·         The purchase order item must have a account assignment.

·         Logistics Invoice Verification must be used.

·         The AutoEvalGRSetmtDel indicator must be set in the vendor master.

·         It is recommended to use FO frame work order for the purpose.

·         A tax code is required in the PO.

Customizing

Materials Management à Purchasing à Purchase Order à Invoicing Plan