What are the differences between billing document and
invoice?

Answer Posted / ravi

Invoice (F2) is a type of billing document. There are many
billing documents like

F1 - Order related Invoice
F2 - Delivery related Invoice
F5 - Proforma Invoice for sales order
F8 - Proforma invoice for deliveries
G2 - Credit memo
L2 - Debit memo

Refer : http://forums.sdn.sap.com/thread.jspa?
threadID=886706

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