What is billing types and how to configure

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Accepted Answer

Billing types are used to differentiate between different types of billing documents in SAP SD.

Billing types are defined in customizing and can be assigned to different sales document types.
They determine the structure and content of the billing document.
Examples of billing types include: F2 (Invoice), G2 (Credit Memo), and L2 (Debit Memo).
Billing types can also be used to control the billing process, such as whether or not to create accounting documents.
Configuration of billing types involves defining the number range, assigning the billing type to a sales document type, and specifying the billing document structure.

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