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C_TS412_2021 · Question #36

What is the reason for assigning billing plans in customer projects?

The correct answer is B. Billing plans are used for revenue planning. Billing plans are used for revenue planning in customer projects because they allow you to define billing dates and billing amounts for each project phase or milestone. Billing plans can also be used to create billing requests or invoices automatically based on the billing…

Costs and Revenues in Project Systems

Question

What is the reason for assigning billing plans in customer projects?

Options

  • ABilling plans are prerequisites for quotation creation
  • BBilling plans are used for revenue planning
  • CBilling plans are copied automatically to the sales order item.
  • DBilling plans enable the billing process to be carried out

How the community answered

(19 responses)
  • A
    5% (1)
  • B
    89% (17)
  • D
    5% (1)

Explanation

Billing plans are used for revenue planning in customer projects because they allow you to define billing dates and billing amounts for each project phase or milestone. Billing plans can also be used to create billing requests or invoices automatically based on the billing dates and amounts. Billing plans help you to plan and monitor the cash flow and profitability of your customer projects.

Topics

#billing plans#customer projects#revenue planning#sales order

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