What is rating in SAP (FI-CA-INV - Convergent Invoicing)?

SAP Term: rating

• Component: FI-CA-INV

• Component Name: Convergent Invoicing

• Description: Determination of the prices for the business transactions represented as consumption items.

Smart SAP Assistant

• Key Concepts: 
  Rating is a feature of the FI-CA-INV Convergent Invoicing component of SAP. It allows users to assign a numerical value to an invoice, which can be used to determine the priority of the invoice for payment. Ratings can also be used to track the performance of vendors and suppliers. 
  
  How to use it: 
  In order to use the rating feature, users must first set up a rating system in the SAP system. This includes defining the rating scale, assigning ratings to invoices, and setting up rules for how ratings are calculated. Once the rating system is set up, users can assign ratings to invoices and view the ratings in reports. 
  
  Tips & Tricks: 
  When setting up a rating system, it is important to consider how ratings will be used and what criteria should be used for assigning ratings. Additionally, it is important to ensure that all invoices are rated consistently in order to get accurate results. 
  
  Related Information: 
  The FI-CA-INV Convergent Invoicing component also includes features such as invoice processing, payment processing, and dispute management. Additionally, SAP offers other components such as FI-CA-AR Accounts Receivable and FI-CA-AP Accounts Payable that can be used in conjunction with FI-CA-INV Convergent Invoicing.