invoice verfication

[Former Member]

Hi

i have little bit confusion aboput on relation between invoice verfication ,goods recipit and purchase order anybody can clarefy this ?

and what is diffecrence between invoice verification and logistic invoice verfication?

regards

sesidhar

[former_member581212 · Accepted solution]

hi,

Logistics Invoice verfication is same as invoice verfication...

PO, GR and IR are external documents...

We make a Po ie . Purchase order, describing the req. of this n this items with req. qty and for a particular vendor, who sends us the material items given in the PO...

When the vendor sends us the Material, then as per the std functionality, it is req. to enter the receipts ie. how much amount of material we have collected from the vendor and at wht price....This is done through GR(Goods receipt doc)...

Then after GR, you do the payment to the vendor for providing the no. of materials to us....This payment is done through IR(Invoice receipt), while generating this system checks the enteries which we entered in the system while making the IR slip....this is called Invoice verfication...

Hope it makes you clear...

Any doubts pls revert back..

Regards

Priyanka.P

AWARD IF HELPFULL

[Former Member]

Hi,

Both r same,

Generally in industries they verify the document & give, it is called invoice verified / invoice verification,

SAP related to logistics & GRN is done ie it is verified, it is called LIV

Pandari

[kunal_ingale]

hi

log inv verification and inv verification is same

now

po is the doc u r making to order a item

gr

In goods receipt, you can enter all the data relating to the receipt of goods from an external vendor or from another site.

iv

Logistics Invoice Verification is a part of Materials Management (MM). It is situated at the end of the logistics supply chain that includes Purchasing, Inventory Management, and Invoice Verification. It is in Logistics Invoice Verification that incoming invoices are verified in terms of their content, prices and arithmetic. When the invoice is posted, the invoice data is saved in the system. The system updates the data saved in the invoice documents in Materials Management and Financial Accounting.

refer following

http://help.sap.com/erp2005_ehp_01/helpdata/en/9c/df293581dc1f79e10000009b38f889/frameset.htm

hope it clears

regards

kunal