[ANAND KUMAR KS SD CONSULTANT aranékumars<2p(@gmaicom indi. Milestone Billing Plan Configuration Milestone Billing is a billing arrangement in which a customer is billed in installments spread over a specific period of time on the achievement of a predefined milestone for a work. ‘The difference between milestone and periodic billing is that in milestone billing, the customer has to pay the total amount in parts or instaliments that are not fixed because it depends on the achievement of a milestone . For example, rental billing is an example of periodic billing, and billing done on the achievement of predefined milestones during the construction of a bridge is an example of milestone billing. In milestone billing, 2 billing document is generated on the achievement of predefined milestones. Itis 2 final billing in full at 2 particular milestone according to items Sold or rendered. An example of this would be a Project Milestone, such as the completion of an architect's blue print, for which the service is invoiced. 1, DEFINE BILLING PLAN TYPES -- OVBO Menu Path SAP Customizing Implementation Guide | Sales and Distribution | Billing [Billing Pian | Define Billing Plan Types Maintain billing plan types. for milestone billingANAND KUMAR KS SE CONSULTANT anandlum as <206@ gmail.com india PT rewerom BO GB trcplrtype [Bi] [FTGares Miestone tg (Orgm of genera cata Start date (01) __—Toaay'» Dace retort, | tig dts cto roped i me category ort eta este tes i rine ore Grnerdconts ita Foose ovesem [0003] Billing Plan Type —- Specifies the type of billing pian to create the milestone billing plan. Start date —- Species the start date of the milestone billing plan RefBillPlanNo. ~ Specifies the billing pian number FCode-OvervScrn -- Specifies a unique number of a screen that a user wants to navigate, after entering the data on the initial screen of the milestone billing plan. Date Category -- Specifies the billing plan type number of the milestone billing plan, such as 01,02,03, and 04. Online order — Specifies the values (Blank, X, or Y) to determine whether the system generates an online bill for the milestone billing plan. 2. DEFINE DATE DESCRIPTIONS -- SM30 - V_TVTB Menu Path SAP Customizing Implementation Guide | Sales and Distribution | Billing [Billing Plan [Define Date Descriptions,3. DEFINE AND ASSIGN DATE CATEGORIES -- OVB) Menu Path SAP Customizing Implementation Guide | Sales and Distribution | Billing [Billing Plan |Define and Assign Date Categories | A. Maintain Date Category for Billing Plan Type:[ANAND KUMAR KS SD CONSULTANT snandimsrs 99 gmsilcom Ini, B. Allocate date category 4. MAINTAIN DATE PROPOSALS FOR BILLING PLAN TYPES -- oveM Menu Path SAP Customizing Implementation Gude | Sales and Distribution | Billing [Billing Plan [Maintain Date proposals for billing plan types/ANAND KUMAR KS SD CONSULTANT anandhum 5:49 gmaiLcom tna. inane, ow Date Praneent Maintenances fac Rites Ron Dane Hahei, voaeg Date camgey Ht) con is crate ites rn ot 4 5. ASSIGN BILLING PLAN TYPE TO SALES DOCUMENTS TYPE -- oveP Menu Path SAP Customizing Implementation Guide | Sates and Distribution | Billing [Billing Plan |Assign Billing Pran type to sales, document type Steen, eon, atetents A atom of Mite Biome Syn te Beton, Roe Pi, youBR ty (Deon ‘owsenty tira Pin Tye =o 6. ASSIGN BILLING PLAN TYPES TO ITEM CATEGORIES -- OVBR Menu Path SAP Customizing Implementation Guide | Sales and Distribution { Billing [Billing Pian [Assign biling pian types to item categories(BR Bunty Bra in Toe o 2 5P: Contac am 2 SP:commectiimw eh XO Pera e sp: peconmact 7. DEFINE RULES FOR DETERMINING DATES -- OVBS Menu Path SAP Customizing Implementation Guide | Sales and Distribution | Billing [Billing Plan |Define rules for determining dates. saRanes Wien Reale, Tale (ot. Oate Datn eee | BONE, Pree ORO GRE cc Bisere dite [01 Tosay'sate So, the configuration of Milestone Billing Plan is done successfully. Here, we go for Sales Order Cycle.