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 Settlement Channel in Billable Items

 

Convergent Invoicing provides the settlement channel characteristic in billable items. On the basis of the settlement channel, the system creates postings during invoicing for the settlement of services and benefits that were paid in advance or granted as a gift.

The settlement channel needs to be specified in the billable item, is transferred to the billing document item, and generates clearing postings in invoicing for transactions paid in advance and expense postings for gifts.

Interface components are delivered for the transfer of settlement channel fields to consumption items and billable items.

Integration

To be able to process settlement channels, you need to add the fields for settlement channels in the billing document. You do this in Customizing for Contract Accounts Receivable and Payable under Start of the navigation path Convergent Invoicing Next navigation step Program Enhancements Next navigation step Prepared Enhancements End of the navigation path.

You make the specifications for settlement channels in Customizing for Contract Accounts Receivable and Payable under Start of the navigation path Convergent Invoicing Next navigation step Invoicing Next navigation step Documents Next navigation step Posting Documents End of the navigation path.