What is 'Evaluated Receipt Settlement Run' in SAP AP-SIP - SRM Supplier Invoice Processing?

Evaluated Receipt Settlement Run - Overview

• Component: AP-SIP

• Component Name: SRM Supplier Invoice Processing

• Description: A specification for an automated run that creates supplier invoices based on a selection of purchase orders, confirmed inbound deliveries, and goods and service acknowledgements.

Evaluated Receipt Settlement Run - Details

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  Key Concepts: 
  Evaluated Receipt Settlement (ERS) Run is a process in SAP Supplier Invoice Processing (SIP) that allows for the automatic settlement of goods receipts and invoices. This process is used to match goods receipts with invoices and settle them automatically. The ERS Run is triggered by the system when a goods receipt is posted and an invoice is received from the supplier. 
  
  How to use it: 
  To use the ERS Run, you must first set up the system to recognize the goods receipt and invoice documents. This can be done by setting up a vendor master record and assigning it to a purchasing organization. Once this is done, you can post a goods receipt and an invoice from the vendor. The system will then trigger the ERS Run, which will match the goods receipt and invoice documents and settle them automatically. 
  
  Tips & Tricks: 
  When setting up the vendor master record, make sure to assign it to the correct purchasing organization. This will ensure that the ERS Run is triggered correctly when a goods receipt and invoice are posted. Additionally, make sure that all of the necessary documents are posted before triggering the ERS Run, as this will ensure that all of the documents are matched correctly. 
  
  Related Information: 
  For more information on Evaluated Receipt Settlement Runs, please refer to SAP Help documentation or