Hi Ashish,
the billing document type of the SD invoice (that should be included in invoice list) must have field 'Invoice list ype' maintained in transaction VOFA.
The Payer must have a calendar maintained in the field 'InvoicingListDates' in transaction VD02 (Billing view).
When you change these setting, only the new billing documents will be relevant for invoice list.
To make exsiting billing document valid for invoice list to, you should run the report attached to SAP note 1078149.
Best regards,
Ivano.