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Periodic billing & Milestone billing are the billing plans used in Std SAP for billing process. Periodic Billing - This billing plan is used in the scenarios like... rental agreements, cycle billing, etc....
The link between sales order and billing is found in VBRP table. The following fields will tell you which sales order is used to create the billing document / item. you can also find the delivery document here. VBRP-AUBEL Sales document ( This will be the sales order no. )
Creating a Service ContractIn the Sales menu choose Contract Create .Enter the contract type (WV for a maintenance contract, MV for a rental contract) and, if necessary, the organizational data.Choose Enter.Enter the following data as required:Choose Enter.More items...
In SAP SD a billing plan is a schedule of individual billing dates for a single item in a sales document. You can define a billing plan at header level, which is then valid for all items assigned to it.
Creation of Billing DocumentsGo to Logistics 2192 Sales and Distribution 2192 Billing 2192 Billing Document 2192 Create. A new window will open, then you can enter the Billing Type, Date and enter the document number you want to create.