Invoice Verification for SAP R/3: SAP PRESS Essentials 17 (SAP-Hefte: Essentials) von Stephen Birchall Invoice verification in SAP is an often misunderstood subject, despite its central role in contributing to a company's fiscal health. Adding to the confusion is the fact that it falls between two teams -- the MM team and the FI team -- and each assumes that the other is responsible for the design and configuration of Invoice Verification. Although the process can be streamlined, many organizations get the design and use of invoice verification wrong, resulting in vendors not being paid and accounts being placed on stop, which prevents further Purchase Orders from being processed until the vendor has been paid. The aim of this book is to he

Stephen Birchall

ISBN 10: 1592290833 / ISBN 13: 9781592290833

Published by SAP PRESS Auflage: 1 (28. Juni 2006), 2006

About this Item

Invoice verification in SAP is an often misunderstood subject, despite its central role in contributing to a company's fiscal health. Adding to the confusion is the fact that it falls between two teams -- the MM team and the FI team -- and each assumes that the other is responsible for the design and configuration of Invoice Verification. Although the process can be streamlined, many organizations get the design and use of invoice verification wrong, resulting in vendors not being paid and accounts being placed on stop, which prevents further Purchase Orders from being processed until the vendor has been paid. The aim of this book is to help readers fully understand the invoice verification process, particularly the changes in ERP 6.0. If they get the design right, then the process will run smoothly and vendors will be paid on time (not too early either). User input can be kept to a minimum and much of the process can be automatic. There are one or two basic mistakes that are made during the design of the process and the guide highlights these (and many other confusing areas), and describes, in simple terms, the options available along with the consequences of getting it wrong. Content: 1 What is Invoice Verification? 7 1.1 High-Level Process 7 1.2 Handling Mismatched Invoices 11 1.3 Processing Blocked Invoices 12 1.4 Parking Invoices 15 1.5 Workflow in Invoice Verification 16 1.6 Summary 17 2 Specific Functions in Detail 19 2.1 The Goods Receipt-Based Invoice Verification (GR-Based IV) Flag 19 2.2 Delivery Charges (Planned and Unplanned) 24 2.3 Tolerances 29 2.4 Evaluated Receipt Settlement (ERS) 31 2.5 Invoice Reduction 33 2.6 Pipeline and Consignment Stock Settlement 35 2.7 Invoicing Plans 36 2.8 Subsequent Debits and Credits 39 2.9 Purchase Order Texts 40 2.10 New Functionality in Release ERP 6.0 42 2.11 Summary 47 3 Financial Aspects of Invoice Verification 49 3.1 Overview 49 3.2 Automatic Account Determination 49 3.3 The Goods-Received/Invoice-Received Clearing Account 50 3.4 Tax Processing Within Invoice Verification 54 3.5 Moving Average Price/Standard Price 55 3.6 Payment Run 57 3.7 Summary 60 4 Configuration 61 4.1 Basic Configuration 61 4.2 Define the Attributes of System Messages 62 4.3 Define Tax Jurisdiction 64 4.4 Configure Automatic Postings 65 4.5 Incoming Invoice 70 4.6 Document Parking 78 4.7 Invoice Block 78 4.8 Clearing Account Maintenance 82 4.9 Invoice Verification in Background 82 4.10 Electronic Data Interchange (EDI) 82 4.11 Evaluated Release Settlement (ERS) 82 4.12 Message Determination 83 4.13 Define Document Life 83 4.14 Authorization Management 83 4.15 Maintain Customer Exits and Business Add-Ins 83 4.16 Logistics Invoice Verification: Index 83 4.17 Business Add-Ins and User Exits in Invoice Verification (New to ERP 6) 84 4.18 Summary 85 Index 87 Invoice Verification for SAP R/3SAP PRESS Essentials 17 (SAP-HefteEssentials) Stephen Birchall functionality SAP company s fiscal health Rechnungsmanagement Faktura SAP Auto-ID Infrastructure 4.0 supply chain RFID technology goods issue processes flow of information SAP ERP/SAP R/3 system Master data maintenance monitoring Application Areas BeyondData exchange XML technologies integration of applications processes performance complexity transformations ABAP mappings SAP Web Application Server XML data exchange processes interface XML technologies XML Library XSLT XSLT 2.0 extensions Simple Transformations code samples data exchange scenarios Java integration SAP PRESS SAP XI administration system parameters configuring the System Landscape Directory Change Management Service authorizations performance SAP Ramp-up customer CATS mySAP Business Suite modules integration SAP modules SAP system HR Financial and Accounting Project System Plant Maintenance Service Management Material Management Product Planning SAP Certified Consultant SAP trainer Administration Time Development Reporting ESS/MSS/EP Authorizations CATS Team Leader Groupe Expert AIB Vincotte TOT.

Seller Inventory # BN6382

Bibliographic Details

• Title: Invoice Verification for SAP R/3: SAP PRESS Essentials 17 (SAP-Hefte: Essentials) von Stephen Birchall Invoice verification in SAP is an often misunderstood subject, despite its central role in contributing to a company's fiscal health. Adding to the confusion is the fact that it falls between two teams -- the MM team and the FI team -- and each assumes that the other is responsible for the design and configuration of Invoice Verification. Although the process can be streamlined, many ...
• Publisher: SAP PRESS Auflage: 1 (28. Juni 2006)
• Publication Date: 2006
• Language: English
• ISBN 10: 1592290833
• ISBN 13: 9781592290833
• Binding: Softcover
• Edition: Auflage: 1 (28. Juni 2006).
• Condition: gut
• Weight: 2000 grams

About this title

Synopsis

Regardless of which functional team you belong to, you may find yourself charged with the crucial invoice verification function. This book helps get readers up to speed quickly and effectively. It gives project managers, leaders and team members a rapid and practical introduction to invoice verification, before proceeding to train them on its specific functions in detail, focusing on financial details, configuration and many other important issues. Readers of this book will quickly understand the role of invoice verification in MM and FI, plus much more.

About the Author

Stephen Birchall has been an IT consultant for over 27 years, specializing in Logistics (Sales, Procurement, MRP, Production etc.). One of his focus areas is Invoice Verification. He has been implementing SAP for 17 years (specializing in MM) and was SAP UK’s principal MM trainer for several years, teaching all of the MM courses.