Introduction

Retro Billing is a process by which the price of an order can be updated after the order is closed. When the invoicing process is completed and the order is closed, prices and discounts cannot be modified. In this scenario, you can use the Retro Billing functionality, to update the price or discount of a closed order after the related transactions are closed.

For that process first a retro-billed advice must be generated with the invoice lines or payable receipts linked which will be changed. When the advice is processed to the original document (order / schedule), then the document is reopened first. On the reopened document a special invoice line / payable receipt is generated (marked as ‘Retro-Active’). On this retro-active line the new amount difference is filled. Now the invoicing process can be executed and the order can be closed again.

The Retro Billing functionality can be used for:

Sales and Purchase Orders
Sales and purchase schedules
Sales and purchase contracts
Sales and purchase contracts
Sales and purchase contracts including the linked Price books and discount schedules
Price books and discount schedules

Note: Retro Billing for Price Books and Discount Schedules is applicable only for new documents and new pricing changes.