New Features in Contract Accounting and Invoicing (SAP S/4HANA Cloud 2208)
Welcome to our blog series about new features in SAP S/4HANA Cloud for Contract Accounting and Invoicing!
This release we are happy to share several features. Let’s have a look together in detail:
Key-User Extensibility for Convergent Invoicing documents
You can now enhance most of the objects in Convergent Invoicing with custom fields. These custom fields can be displayed in the corresponding Fiori Apps and added to APIs.
|CINV_CONSUMPTIONITEMS||Convergent Invoicing: Consumption Item|
|CINV_BILLABLEITEMS_MAIN||Convergent Invoicing: Billable Items|
|CINV_BILLABLEITEMS_TEXT||Convergent Invoicing: Billable Items – Attachment Item|
|CINV_BILLINGDOCUMENT_HEADER||Convergent Invoicing: Billing Document Header|
|CINV_BILLINGDOCUMENT_ITEM||Convergent Invoicing: Billing Document Item|
|CINV_INVOICINGDOCUMENT_HEADER||Convergent Invoicing: Invoicing Document Header|
|CINV_INVOICINGDOCUMENT_ITEM||Convergent Invoicing: Invoicing Document Item|
Using Business Scenarios it is easy to define an automatic data transfer from one Business Context to the other. For example a custom field added to the Billable Item can be added to the Billing Document Line Item.
The following table shows all possible transfers from Consumption Item to General Ledger.
To learn more, see Key-user extensibility for convergent invoicing documents
Dispute Management for Invoices
You can now create a new dispute case for an invoice directly from the Fiori App Display Invoicing Documents.
In the Manage Dispute Cases app, dispute cases related to Contract Accounting documents are indicated by the Contract Accounting source component. Dispute cases related to invoicing documents are indicated by the Convergent Invoicing source component.
To learn more, see Manage Dispute Cases
Payment by Link
You can now enable your customers to faster pay their invoices by offering a URL or QR code on the invoice. If the customer opens this link he is directed to a checkout page where he can pay using one of the offered digital payment methods.
The payment is executed via SAP digital payments (direct capture only) and will be posted in the billing / accounting system via the digital advice.
To learn more, see Integration of payment by link in convergent invoicing
Integration with SAP Subscription Billing – Detailed Usage Information
You can now send more information from SAP Subscription Billing to Convergent Invoicing for usage-based scenarios.
SAP Subscription Billing is collecting, rating and aggregating the usage events. Convergent Invoicing will receive a billable item to invoice the aggregated usage. In addition to the billable item you can now also transfer rated consumption item that represent the individual usage records. This allows to print a detailed listing of all the usage events that lead to a specific charge together with the invoice.
New native Fiori application for display of subledger documents for FI-CA
With the Manage Documents app, you can manage Contract Accounting documents through a single point of access. From the list of selected documents, you get access to various apps and functions used for managing documents. In the document display you can see already in the document overview whether there are locks set on document line level (payment, dunning, posting, clearing locks).
That’s all on our latest features. Thank you for reading today’s blog post!
To make sure you don’t miss the next feature articles, follow the tag SAP Convergent Invoicing.
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In case of questions, feel free to ask them in our Q&A section using the tag SAP Convergent Invoicing or SAP Contract Accounts Receivable and Payable.
Stay tuned and take care!
More information about SAP Contract Accounting and Invoicing