What is 'rerate' in SAP FI-CA-INV - Convergent Invoicing?

rerate - Overview

• Component: FI-CA-INV

• Component Name: Convergent Invoicing

• Description: To reverse existing rating results and start a new rating process, for example on the basis of updated prices.

rerate - Details

• 
  Key Concepts: 
  Rerate is a feature of the FI-CA-INV Convergent Invoicing component of SAP. It allows users to recalculate the value of an invoice based on changes in the underlying data. This can be used to adjust the value of an invoice due to changes in exchange rates, taxes, or other factors. 
  
  How to use it: 
  To use rerate, users must first enter the relevant data into the system. This includes the original invoice amount, any changes in exchange rates or taxes, and any other relevant information. Once this data is entered, users can select the “Rerate” option from the menu. This will recalculate the value of the invoice based on the new data. 
  
  Tips & Tricks: 
  When using rerate, it is important to ensure that all relevant data is entered correctly. This will ensure that the new invoice value is accurate and up-to-date. Additionally, it is important to remember that rerate only recalculates the value of an invoice; it does not change any other aspects of an invoice such as its due date or payment terms. 
  
  Related Information: 
  For more information about rerate and other features of FI-CA-INV Convergent Invoicing, please refer to SAP’s official documentation. Additionally, there are many online resources available that provide tutorials and tips for using this component of SAP.