Understanding important billing configurations
So far we have familiarized ourselves with the basic business process and the system features used by the PeopleSoft Billing module. Now we will understand some of the important configurations that enable these business processes. We'll discuss the following configuration options, which are not necessarily set up in the same order:
- Invoice number IDs
- Bill types
- Bill sources
- Invoice formatting and printing options
- Distribution codes
- Billing charge codes
- Discounts and surcharges
- Billing business unit
Configuring invoice number IDs
PeopleSoft Billing offers a flexible invoice numbering structure that enables the creation of various conventions for invoice numbers.
Let's assume that Global Vehicles Inc. needs ...
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