Billing overview

Through Lawson Billing, you can define and maintain pricing, discount, and invoice parameters for the billing needs of your company.

These are the three major processes for Lawson Billing:


Processes	Description
Setup	Considers the needs of your central reporting structure and pricing needs of your company while setting up Billing. Specifically, you must determine what type of pricing structure best suits your company and what kind of control is set for invoicing. Plans the Billing setup, sets up Billing, and sets up pricing.
Invoicing	Takes you through the entire invoice process from creating and releasing invoices to updating invoice files with the Sales Analysis, Accounts Receivable, Project Accounting, and General Ledger applications. Creates invoices and credit memos, defines recurring invoices, and prints invoices.
Period closing	Closes the billing period. The best business practice is to close theBilling period before you close the General Ledger period. When closing the Billing period, you can use the Billing application to check for outdated records in the General Ledger, such as invoices and returns. If any outdated records exist, then you must create a report for these records that you must update in theBilling application.

Before you can use Lawson Billing, you must set up the company information in the General Ledger, Accounts Receivable, andInventory Control applications. To know the setup requirements in each of these Lawson applications, see Planning for Billing setup