Class 25: Logistics Invoice Verification Configurations in SAP S/4HANA: Complete Guide

Описание: Description: In this SAP S/4HANA tutorial, we dive into the Logistics Invoice Verification (LIV) configurations, an essential part of the Sourcing and Procurement process. Learn how to set up invoice verification to streamline the accounts payable process and ensure accurate matching of invoices, purchase orders, and goods receipts.

📌 In This Video:

Introduction to Logistics Invoice Verification (LIV):
What is Logistics Invoice Verification and its role in the procurement-to-pay (P2P) cycle.
How LIV ensures accurate matching between invoices, purchase orders, and goods receipts to validate supplier payments.

Configuring Logistics Invoice Verification in SAP S/4HANA:
Invoice Verification Types:
Overview of invoice verification types, such as PO-based, GR-based, and ERS (Evaluated Receipt Settlement).
Document Types for Invoice Verification:
Setting up document types for LIV, including their numbering and posting control.
Tolerance Limits for Invoice Verification:
Configuring tolerances for quantity and price variances between PO, GR, and invoices.
Setting tolerance limits for small differences in amount, and threshold for blockages.
Tax Code Configuration:
Configuring tax codes relevant to logistics invoice verification.
Handling tax differences and tax relevance in invoice postings.
Automatic Invoice Block and Release Strategies:
Setting up criteria for automatic blocking and release of invoices based on configured tolerances.
Posting Rules and Account Determination:
Defining posting rules for invoice verification in accounts payable.
Setting up account determination for specific scenarios such as freight, customs, or price differences.

Handling Specific Scenarios in Invoice Verification:
Handling Invoices with Price and Quantity Variances:
Steps to handle price and quantity variances in invoices compared to PO and GR.
Subsequent Debits and Credits:
Configuration for subsequent debits/credits and their impact on procurement and inventory valuation.

Down Payments and Prepayments: Integrating down payments with LIV and managing prepayment scenarios.

Using SAP Fiori for Invoice Verification:
Overview of Fiori apps for managing invoice verification.
Real-time demonstrations on creating and managing invoices using Fiori apps such as “Manage Supplier Invoices.”

Integration with Financial Accounting and Accounts Payable:
Overview of how LIV integrates with FI-AP (Accounts Payable).
Financial postings and automatic clearing between GR/IR account and vendor accounts.

Practical Examples and Best Practices:
Example walkthroughs of configuring and processing invoices with different scenarios.
Best practices to ensure accurate invoice matching and minimize errors.

🌟 Who Is This For?
SAP S/4HANA end-users in accounts payable and procurement.
SAP consultants and configuration specialists in Financial Accounting (FI) and Materials Management (MM).
Procurement professionals and logistics managers.
Finance and accounting professionals involved in vendor payments and invoice processing.

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