What is mediation in SAP FI-CA-INV - Convergent Invoicing?

SAP Term: mediation

• Component: FI-CA-INV

• Component Name: Convergent Invoicing

• Description: Is used to collect and check consumption data and unification of formats for billing purposes. Mediation takes place before the rating.

Smart SAP Assistant

• Key Concepts: 
  Mediation is a process in the FI-CA-INV Convergent Invoicing component of SAP that allows for the reconciliation of invoices and payments. It is used to ensure that all invoices and payments are correctly matched and accounted for. The process involves comparing the invoice and payment data to identify any discrepancies or errors, and then resolving them. 
  
  How to use it: 
  In order to use the mediation process, you must first set up the relevant parameters in the system. This includes defining the reconciliation rules, setting up the payment methods, and configuring the payment terms. Once these parameters have been set up, you can then begin the mediation process. This involves comparing the invoice and payment data to identify any discrepancies or errors, and then resolving them. 
  
  Tips & Tricks: 
  When setting up the parameters for mediation, it is important to ensure that all of the relevant information is included. This includes details such as payment terms, payment methods, and reconciliation rules. Additionally, it is important to regularly review the parameters to ensure that they are up-to-date and accurate. 
  
  Related Information: 
  For more information on mediation in SAP FI-CA-INV Convergent Invoicing, please refer to the official SAP documentation. Additionally, there are a number of online resources available that provide further guidance on how to use this feature.