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.

Learn Everything You Need for Invoice Verification and its Role in FI and MM
Keep User Input at Minimum and Automate the Process
Discover Best Practices to Configure and Maximize the USe of this FUnctionality
Avoid Commonly-Made Mistakes

Informazioni sull?autore

Stephen Birchall has more than 34 years of IT consulting experience and has spent the last 24 years as a SAP consultant. Stephen has expansive knowledge of SAP systems and modules, his primary area of expertise is SAP MM and AP processes. Stephen worked as a Lead Logistics Trainer at the SAP UK training center for 4 years, delivering a wide spectrum of SAP logistics courses including Invoice Verification / AP courses. In each of those 4 years 1995/6/7 and 8 SAP identified Stephen as the highest rated SAP trainer in the UK. While at the training center in the UK, Stephen single-handedly delivered the 5 week MM Academy ten times, back-to-back and loved every minute of it! Mr. Birchall was asked by SAP AG to write some additional exam questions for SAP’s MM exam. Stephen’s enthusiasm for SAP software is based on his first-hand experience of its capabilities on various projects at several major organizations, including several assignments for Deloitte, Accenture, SAP and HCL Axon. As a consultant, Stephen has experience in a wide variety of industries, ranging from the music industry to pharmaceutical organizations.

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We first started out as ?The Paperback Exchange,? a chain of physical bookstores where we would part exchange your beloved books for new stories to transport you to faraway places. However, as shopping started to evolve to online shops and marketplaces, we bid our stores goodbye to become ?PBShop.? This transition has only allowed us to blossom as we now ship thousands of titles to book lovers across the globe. We pride ourselves in being a community of local book lovers which allows our passion and devotion to shine in everything we do. In 2020 we not only celebrated our 20th birthday but our 1st birthday as being completely employee owned after becoming an E.O.T in September 2019. We are proud to be different and embrace standing apart on a book mountain by working from a virtual inventory which allows us to provide thousands of books that may be difficult to get for your bookshelf or your studies. Working with a number of different suppliers allows us to explore other avenues such as puzzles, sheet music and even stationery so we really do have something for everyone. Life is about being versatile in all realms of existence. If this is your first visit or you are a returning customer, we would like to welcome you to the PBShop family, for there is no friend as loyal as a book. We are a company who put our customers at the centre of everything we do as we understand the importance of reading because once you learn to read, you will forever be free. There are a whole lot of things in this world of ours that we are yet to explore, which is why we will forever inspire curious minds.

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