yearly advance payment (IS-U-BI)
Example: Contract Billing (IS-U-BI)
Payment
that a customer makes a year in advance for a service to be rendered by the utility company.In most cases, the utility company grants a discount for using this payment method.
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Source: https://help.sap.com/doc/saphelp_glossary/latest/en-US/35/26be1fafab52b9e10000009b38f974/content.htm