Customer invoice

[Former Member]

Hi All,

What is a customer invoice? and do FI people create the customer invoice? and in which scenario?

Regards,

Danny.

[Former Member]

Hi Danny,

As you know, the usual sales cycle starts from sales order, delivery and billing. During Billing you create an invoice for the customer for the goods delivered by you. In SD ,transaction VF01 is used to create an invoice.

As soon as the invoice is created an accounting document is generated where the amount will hit the G/L accounts created by FI personnel.

90 % of the invoices are created by FI personnel.

Transaction FB70 is used by FI ppl to create invoice.

In short,

VF01 = SD Billing.

FB70 = FI Billing.

[Former Member]

Hello,

As you know well, you can have many kind of billing types. It can be Order related Invoice, delivery related invoice ...etc.

In some cases Finaince depatment directly create the invoice through FB70. In some service related companies, SD maynot be implemented, in such cases Finance direct create the customer invoices through FB70.

Prase

[Former Member]

Hi there,

Customer invoice is your normal F2 (delivery based) or F1 (order based) billing doc. SD will create the F2 invoice in VF01. OR -> LF --> F1 / F2.

Only a/c postings are taken care by FI.

Regards,

Sivanand