What is rateable in SAP (FI-CA-INV - Convergent Invoicing)?

SAP Term: rateable

• Component: FI-CA-INV

• Component Name: Convergent Invoicing

• Description: Relevant for the rating process. Specifies that a consumption item can be rated.

Smart SAP Assistant

• Key Concepts: 
  Rateable is a term used in the FI-CA-INV Convergent Invoicing component of SAP. It refers to the ability to assign a rate to an invoice item, such as a fee or charge, that can be used to calculate the total amount due. This rate can be based on a variety of factors, such as the quantity of goods or services purchased, the type of customer, or the time period in which the invoice was issued. 
  
  How to use it: 
  In order to use rateable in FI-CA-INV Convergent Invoicing, you must first set up a rate table. This table will contain all of the rates that can be applied to an invoice item. Once this is done, you can assign a rate to each item on an invoice by selecting it from the rate table. The total amount due for the invoice will then be calculated based on these rates. 
  
  Tips & Tricks: 
  When setting up your rate table, it is important to make sure that all of the rates are accurate and up-to-date. This will ensure that your invoices are calculated correctly and that your customers are not overcharged. Additionally, it is important to review your rate table periodically to ensure that it is still relevant and accurate. 
  
  Related Information: 
  For more information about rateable in FI-CA-INV Convergent Invoicing, please refer to SAP's documentation on the topic. Additionally, there are many online resources available that provide detailed tutorials and examples of how to use this feature in SAP.