Description
Transfer of billing documents to Financial Accounting via collectivetransfer
Collective transfer to Financial Accounting does not generate openitems for the payer of the billing document in accounts receivableaccounting. Instead, summary G/L account postings to one or more bankclearing accounts are generated.
The data relevant from an accounting point of view are transferred toFinancial Accounting and posted to the appropriate accounts.
In addition, collective transfer generates a payment dataset that formsthe basis for the payment run in Financial Accounting.
In collective transfer, an accounting document is normally generatedfrom several billing documents. The accounting document is generatedusing the FI/CO interface.

Precondition
Revenue account determination takes place during billing documentcreation. The purpose of revenue account determination is to determinethe revenue accounts for posting on the basis of account assignmentcriteria in the billing document.
The system only transfers billing documents whose posting status isinitial.
You must make the Customizing settings in the stepsDefinition and Assignment of AccountKeys and Assignment of G/L Accountsbefore billing document creation.

Output
If problems arise during billing document transfer, this is recorded inan error log.