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Vendor master data

JohnnyKeogh
Explorer
0 Kudos

Hi,

I am just looking for an exact description of the following vendor master data:

1) Goods-Receipt-Based Invoice Verification

2) ERS

3) Invoice Receipt Expected

4) Indicator:GR Conf.Expectd

5) Incoterm

Points shall be rewarded.

Cheers,

Johnny

Accepted Solutions (1)

Accepted Solutions (1)

Answers (1)

Answers (1)

former_member563406
Active Participant
0 Kudos

Hi Johnny

1) Goods-Receipt-Based Invoice Verification

A procedure in Invoice Verification allowing assignment of incoming deliveries and invoices to an item of a purchase order.

If goods-receipt-based Invoice Verification has been defined for an order item, an invoice for the order item can be entered with reference to a goods receipt document or a delivery note number entered at the time of goods receipt. In the process, a separate invoice item is created for each goods receipt. Checking of price and formal accuracy of the invoice is performed at this item level.

2) ERS

A number that the system automatically assigns to ERS invoices. In some countries, the law requires you to number each vendor's ERS invoices consecutively; this is the ERS invoice number.

The system stores the ERS invoice number in the Reference Document Number field.

3) Invoice Receipt Expected

A term from Invoice Verification describing the receipt of an invoice issued by a vendor (creditor).

The following types of invoice receipt are possible in the SAP system:

Invoice receipt referencing a purchase order

Invoice receipt referencing a goods receipt

Invoice receipt without reference

4) Indicator:GR Conf.Expectd

A criteria added for internal processing during incremental conversion to the table to be converted

is this indicator you were looking for . .or is it

Indicator that defines whether a cash flow is a real cash flow, or a fictitious one. Fictitious cash flows are never considered in gap analysis. Real cash flows are usually included in gap analysis

5) Incoterm

A codification of international rules for the interpretation of the commonly used terms in international trade.

An international commercial term (Incoterm) defines the terms of sale and the passing of risks for import and export of merchandise.

Incoterms include the following:

EXW - Ex Works

FCA - Free Carriage and Freight

FAS - Free Alongside Ship

FOB - Free On Board ship

CFR - Cost and Freight

CIF - Cost, Insurance, and Freight

CPT - Carriage Paid To

CIP - Carriage and Insurance Paid To

DAF - Delivered At Frontier

DES - Delivered Ex Ship

DEQ - Delivered Ex Quay

DDU - Delivered Duty Unpaid

DDP - Delivered Duty Paid

hope this helps

Regards,

Mohan