Invoice Verification for SAP: SAP MM and FI

Birchall, Stephen

ISBN 10: 1592291864 / ISBN 13: 9781592291861

Published by SAP PRESS, 2007

About this Item

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Bibliographic Details

• Title: Invoice Verification for SAP: SAP MM and FI
• Publisher: SAP PRESS
• Publication Date: 2007
• Language: English
• ISBN 10: 1592291864
• ISBN 13: 9781592291861
• Binding: Paperback
• Edition: 2nd Edition
• Condition: Good

About this title

Synopsis

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.

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 wasSAP UK's principal MM trainer for several years, teaching all of the MM courses.