on 12-04-2006 2:03 PM
The process in ECC system 1) create a contract 2) Create Release Order 3) Post the invoice against Release order, we won't be able to post the invoice against the contract .
In SRM system , is it possible to post the invoice against the local contract with out creating follow on purchase order. Request feedback from SRM experts
Regards
Mani
Dear Mani,
As we know that contracts are the agreements for future supply and we can not show contract as an asset like inventory (As no goods has been delivered) neither it is a liability until the PO is created and goods delivered.
So in the books of accounts if we create invoice against contract we can not show it on balance sheet.
Therefore, it is not possible to raise the invoice against contract you will have to have PO for the same.
Assign points if answered.
Regards, Ravi
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Well, then you post it!
The invoice could then go through a workflow (or the IMS if you will use that for exception handling) and then posted to your backend.
The advantage of assigning contracts to AP invoices without PO reference is that you can capture the spend for these AP invoices and then make follow ups in BW(If you use that).
Don't know if that answers your questions?
cheers,
Kristoffer
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Hi Mani,
I have been able to assigned a local contract in SRM when creating an invoice (In BBPIV03) without PO reference. However, you have to assign the contract to each invoice item.
Does that answer your question?
br,
Kristoffer
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