SAP SD || Billing Process || VF01 || Billing Type F2 || Header & Item Details.

Billing Types:
• Billing represents the final stage of processing any business transactions in Sales and Distribution.
• The billing information will be maintained in Sales Documents & Delivery Documents.
• It is an application component of Sales & Distribution, It provides following functions.
· Creating invoices against Delivery & service (Order Related)
· Issuing Credit memo & Debit memos
· Prepare pro-forma invoices
· Cancellation of invoices
· Process Rebates.
Billing document:
• Billing document is a generic term for Invoice, Credit Memo, Debit Memo, Proforma Invoice.
Usage: Billing document is created with reference to another preceding document.
Examples: Create invoice against delivery document,
Create a credit memo with respect to credit memo request or with reference to original invoice.
• Billing document has 2 (two) levels.
1. Header
2. Item
Header Level Data:
• Payer details
• Other partners like Sold to party & Bill to party
• Terms of payment
• Inco terms
• Billing date
• Currency
• Account Assignment Group
• Conditions
• Net value / Tax
Item Level Data
• Partner details
• Billing quantity
• Net value & Tax (conditions)
• account assignment group
• Reference of Delivery / Order
• Material number / Description
Though there are several Billing Document Types,
All of them share the same document structure & most important an integration between SD & FI.
When a billing document is saved, the Billing information is released to Accounting
 either automatically
 Or manually.
Based on this information another document is created.
In financial accounting known as Accounting document unless the accounting document is created,
Billing document remains open.
Sales Order (OR) à Delivery document (LF) à Post Goods issue à Billing document (F2) à Accounting document

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