Budget Billing Plan Procedure 

Use

You can use this business process to manage budget billing plans.

A utility company normally bills for its services at the end of a supply period, for example, during annual consumption billing. Throughout the current period, it therefore charges budget billing amounts instead of the actual amount owed, in order to remain solvent. You define the dates and the amount of the budget billing amounts in the budget billing plan. The budget billing plan forms the basis for the increase in the budget billing amount.

You can use several budget billing procedures. Each of these have different ways of determining budget billing dates and amounts, managing budget billing data and posting procedures.

·        Statistical budget billing procedure

·        Partial bill procedure

·        Payment plan procedure

·        Payment scheme

Prerequisites

The contracts, for which a budget billing plan is to be created, must be billable.

All mandatory contracts of a contract account must have the same portion and the same budget billing cycle (except budget billing cycle 00).

Process Flow

The following business process runs in SAP R/3:

·        Create budget billing plan / payment plan / payment scheme

You can create a budget billing plan manually or automatically.