SAP MM INVOICE VERIFICATION


Book Description

Invoice verification is an important business process in almost every company. In SAP you can verify invoices against purchase orders and goods receipts. SAP provides important functionalities like automatic account determination, financial posting, etc. SAP is powerful software that can meet the needs of any business scenario for any type of business in any part of the world. Its all encompassing nature makes SAP complex. In order to derive maximum benefit for business, SAP must be understood well. Mr. Agrawal attempts to explain SAP completely; a seemingly impossible task. This is his third book on the Materials Management module; his first two books in the Materials Management module are ‘Purchasing’ and ‘Inventory Management’. In this book, like in his earlier books, he explains every screen of SAP MM Invoice Verification. Both the SAP Menu and Customizing Implementation Guide are expanded and the chapter number where they are covered is indicated. This not only creates a direct link between the book and the SAP software, but also ensures that the book is comprehensive. The author has taken care to balance details with overviews that explain linkages between concepts. The book is organized in chapters that are important business activities. Each chapter covers business processes carried out in SAP by the user as well as its related configuration. This book can be used to learn SAP from scratch; it is a learning guide. It is, therefore, useful to persons who are training to be SAP Consultants. Having learnt SAP with the help of this book, the Consultant keeps returning to refer to it. In implementation of SAP, Consultants prepare User Manual. With the availability of this book, their task becomes simpler. In the User Manual, they need to cover only implementation specific points. The user refers to this book as a generic User Manual. As the user gains knowledge he also begins to understand the customizing settings for his implementation. This book can also be used by Business Process Owners and Senior Managers to get an overview of SAP and the important choices it offers.




Workflow Management with SAP® WebFlow®


Book Description

It is now possible to gain competitive advantages based on consolidated R/3 system implementations. One of the most important optimisation aspects is a more consistent process integration in order to bring about fast, secure and cost effective business processes. This approach inevitably leads to Workflow Management and for SAP users to SAP® WebFlow®. This book introduces the topic of Workflow Management, gives an overview of the technical possibilities of SAP® WebFlow® and allows the reader to assess SAP workflow project risks and costs/benefits based on real life examples. Check lists and technical hints not only aid the reader in evaluating potential projects but also in the management of real life workflow project engineering.




Invoice Verification with SAP


Book Description

Discrepancies in the GR/IR account impact downstream SAP ERP Financials processes. With this book, discover how to accurately post and verify invoices—from creating purchase orders to processing payments—and not only avoid, but resolve payment blocks. Equipped with step-by-step instructions and screenshots, learn to identify bottlenecks, reconcile errors, and properly configure the settings to prevent mistakes before they happen!




Invoice Verification for SAP


Book Description

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.




Invoice Verification and the GR/IR in SAP S/4HANA


Book Description

Most organizations receive so many supplier invoices daily that it becomes too difficult to manage without automation to verify that the invoices are correct and can be paid. This book gives you an in-depth look at how invoice verification works in SAP S4/HANA. Explore how different posting types are made, and how to monitor and make corrections when there is no exact three-way match between the purchasing document, the goods or services receipt, and the invoice. Learn how to review blocked invoices so that suppliers can be paid, as well as ensure that the general ledger accurately reflects what has been received, invoiced, and what should be accrued. Explore opportunities for streamlining your invoice verification process. Take a closer look at new functionality available with SAP S/4HANA and Fiori, as well as how some processes have been simplified. Walk through the invoice verification stages using Fiori and other apps. By using practical examples, tips, and screenshots, the author brings readers quickly up to speed on invoice verification and the GR/IR in SAP S/4HANA. - Invoice verification process in SAP S/4HANA - Tools for GR/IR reconciliation - Configuration settings that affect the invoice verification process - Period end processes and reporting




SAP® MM Questions and Answers


Book Description

Designed for SAP users as a quick reference or for computer science and business students, SAP MM Questions and Answers includes all the major concepts related to SAP MM functionality, technical configuration, and implementation in an easy-to-understand question and answer format. It discusses the new aspects related to SAP ERP 6.0 and all the important MM codes and concepts for materials and vendors, including clients, company codes, plants, storage locations, purchase organizations, etc. The organized and accessible format allows the reader to quickly find the questions on specific subjects and provides all of the details to pass certification exams in a step-by-step, easy-to-read method of instruction.







Sap R/3 Black Book


Book Description

The book is designed to begin with the very basics and moves forward to cover the topics necessary to unleash the power of SAP - from the way tasks are handled in SAP to how Reports are executed in your task; from getting a complete know-how of SAP Administrative Utilities and Background Job Scheduling to SAP R/3 Basis System; from ABAP Workbench to ABAP Programming with MM and SD Modules and much more. With each topic building upon others, you are quickly able to utilize the R/3 functionality in a meaningful and productive manner. All this, as the book zips through the material and doesn t blather on or repeat points made earlier. A definitive informative guide that will help you make good on your company s sizable investment - no doubt, every aspect is worth the price of the entire book.




Logistic Core Operations with SAP


Book Description

“Logistic Core Operations with SAP” not only provides an overview of core logistics processes and functionality—it also shows how SAP’s Business Suite covers logistic core operations, what features are supported, and which systems can be used to implement end-to-end processes in the following logistic core disciplines: Procurement, Distribution, Transportation, Warehouse Logistics and Inventory Management, and Compliance and Reporting. In this context the authors not only explain their integration, the organizational set-up, and master data, but also which solution fits best for a particular business need. This book serves as a solid foundation for understanding SAP software. No matter whether you are a student or a manager involved in an SAP implementation, the authors go far beyond traditional function and feature descriptions, helping you ask the right questions, providing answers, and making recommendations. The book assists you in understanding SAP terminology, concepts and technological components as well as their closed-loop integration. Written in a clear, straight-forward style and using practical examples, it contains valuable tips, illustrative screenshots and flowcharts, as well as best practices—showing how business requirements are mapped into software functionality.




The SAP Materials Management Handbook


Book Description

Although tens of thousands of global users have implemented Systems, Applications, and Products (SAP) for enterprise data processing for decades, there has been a need for a dependable reference on the subject, particularly for SAP materials management (SAP MM). Filling this need, The SAP Materials Management Handbook provides a complete understanding of how to best configure and implement the SAP MM module across various types of projects. It uses system screenshots of real-time SAP environments to illustrate the complete flow of business transactions involved with SAP MM. Supplying detailed explanations of the steps involved, it presents case studies from actual projects that demonstrate how to convert theory into powerful SAP MM solutions. Includes tips on the customization required for procurement of materials and inventory management Covers the range of business scenarios related to SAP MM, including the subcontracting cycle and consignment cycle Provides step-by-step guidance to help you implement your own SAP MM module Illustrates the procure to pay lifecycle Depicts critical business flows with screenshots of real-time SAP environments This much-needed reference explains how to use the SAP MM module to take care of the range of business functions related to purchasing, including purchase orders, purchase requisitions, outline contracts, and request for quotation. It also examines all SAP MM inventory management functions such as physical inventory, stock overview, stock valuation, movement types, and reservations—explaining how SAP MM can be used to define and maintain materials in your systems.