The IS-U process for billing and invocing is:

1. Create Meter Reading Orders

2. Download / Print Meter Reading Orders
3. Read the meter (outside SAP IS-U)
4. Upload / Manual Entry of Meter Reading Results
5. Billing the installations (mass billing)
6. Invocing the created billing documents
7. Print the invoices

The prerequisite for this process is that master data must exist in the system

The process to create master data in the standard SAP IS-U sistem is:

1) Create Technical Objects:

1.1 Create Connection Object
1.2. Create Premise
1.3 Create Installation
1.4. Create Device
1.5 Install Device in the Installation
2) Create Business master data
2.1 Create Business Partner
2.2 Create contract account
2.3 Create Move In (Move the business partner into the premise).

Another prerequisite would be to have billing master data in the system:

These are the stepts to create a billing master data construct.

1) Configure billing classes

2) Configure Rate types
3) Define Rate
4) Create regster operands
5) Define fact groups
6) Create Schema
7) Create Rate category
8) Create Rate Determination.

I hope this will be helpful to you.

TE436 - User-defined meter reading Type for Entry IS - Meter Reading

TE436T - User-defined meter reading Type for Entry (Texts) IS - Meter Reading
TE422 - Schedule Master Data for meter reading Unit IS - Portioning and scheduling
TE935 - Automatic meter reading Monitoring IS - Meter Reading
TE410S - Performance Parameters for meter reading Data Entry IS - Meter Reading
TE614T - meter reading Categories (Texts) IS - Meter Reading
TE017 - meter reading Group IS - Meter Reading
TE400 - Controls for meter reading Order Creation/Entry IS - Meter Reading
TE426 - meter reading Center IS - Portioning and scheduling
TE426T - meter reading Center Texts IS - Portioning and scheduling
TE438T - meter reading Control (Texts) IS - Meter Reading
TE613 - Priority of meter reading Reasons When Times Are the Same IS - Meter Reading

TE614 - MR Types: Categorization of meter reading Type IS - Meter Reading

TE629 - Control of Variable Scheduled meter reading Dates IS - Meter Reading
TE630 - Control of meter reading Proc. IS - Meter Reading
OIRC_GMMH_DEL - SSR Meters - Deleted meter readings history IS - Service Station Retailing
OIRC_MRREJ - SSR Meters - meter readings rejected records IS - Service Station Retailing
EABLARCHIVE - Index for archivable meter reading results IS - Archiving
ECAMIOPRMR - IS-U: Pre-entry Document: meter reading Results IS - Move-In/Out
EABLARC - Internal index f. analyzing archivable meter reading results IS - Archiving
EABL - MR Document IS - Meter Reading
EABLG - MR Reasons in MR Document IS - Meter Reading
EANLH - Install.Time Slice IS - Master Data
EASTL - Billing data: Installation Structure at Device Level IS - Device installation
ETRG - Billing Order IS - Meter Reading
IMRG - Measurement Document PM - Measuring Points and Counters
IMPTT - Measuring Point (Table) PM - Measuring Points and Counters
ERCH - Billing Doc. Data IS - Contract Billing
ERDK - Print Document/Header Data IS - Invoicing
APQL - Batch Input Log Directory Basis - UI Services, Screen, Batch Input
EGERH - Historical Data of ISU Device Master Record IS - Device Management
SXICACHE - Basis - Integration Builder - Configuration
PA0019 - HR Master Record: Infotype 0019 (Monitoring of Dates) Personnel Mgmt - Personnel
Administration

EGERS - IS-U Device Master Data IS - Device Management

EMMA_CASE - Clarification Case FI - Basic Functions
TAPL - Allocation of task lists to functional locations PM - Maintenance Task Lists
TUMRES - System Measurement Results Basis - User and Authorization Management
EGERR - Device data: Info record for point of delivery - historical IS - Device Management
RSPLF_FDIR - Function Modules in Formulas BW - Planning
TE410 - Parameters for MR Data Processing IS - Meter Reading
TE609 - MR Reasons (Values) IS - Meter Reading
S065 - Object statistics PM - Reporting
ETDZ - Technical Data for Installed Register IS - Device installation
TE418 - Schedule Records: MR Units IS - Portioning and scheduling
TE121 - Tolerance Limits of Independent Validations IS - Meter Reading
EBIAS - Table for Calculation of BIAS Factor IS - Meter Reading
ELWEG - Street Route IS - Meter Reading
ADRSTRTMRU - MRUs for Street IS - Regional structure
V_TIVBDMEASMETER - Generated Table for View V_TIVBDMEASmeter

Read more: http://www.tcodesearch.com/sap-tables/search?q=meter+reading#ixzz3I5wwolCZ

EASIBI Create Individual Bill

EA00 Test Billing of a Contract
EA13 Print/Billing Document Reversal
EA14 Print/Billing Document Reversal
EA15 Reversal of Invoicing Documents
EA16 Create Manual Backbilling
EA17 Change Manual Backbilling
EA18 Display Manual Backbilling
EA19 Create Bill (Individual Creation)
EA20 Reverse Billing Document
EA21 Adjustment Reversal Billing Docs
EA22 Display Billing Document
EA22_TOOL Billing Tool
EA24 Delete Adj. Reversal frm Bill.Order
EA25 Create Partial Bill (Individual)
EA26 Mass Processing: Create Bill
EA27 Mass Processing: Create Partial Bill
EA28 Mass Process.: Request BB Amounts
EA29 Mass Processing: Bill Printout

EA29_AGGRBILL Print Aggregated Bill

EA33 Mass Processing: Bill Reversal
EA34 Mass Processing: Full Reversal
EA38 Mass Activity: Billing
EA39 Mass Activity: Billing Simulation
EA40 Display Print Document
EA55 Display Rate Cat.
EA56 Maint. Rate Type
EA57 Create Budget Billing Change Doc.
EA58 Mass Activity: Coll. Bill Printout
EA59 Print Collective Bill (Old)
EA60 Print Invoicing Document
EABI Billing/Invoicing log display
EABICO Bill Correction
EABIH Archive Billing Document Headers
EABIL Archive Billing Document Line Items
EABR IS-U Billing
EAIN Billing/Invoicing log display
EAMABI Mass Billing
EAMASI Mass Billing Simulation
EAMS00 Mass Billing of Simulation Indexes
EAMS01 Mass Act.: Billing of Sim. Indexes
EATR Mass Activity: Create Bill/Part.Bill
EAXX IS-U Billing

EA_DOWNLOAD Download Billing Master Data