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

SAP Term: rerating

• Component: FI-CA-INV

• Component Name: Convergent Invoicing

• Description: Used to redetermine prices for transactions, for example, for correction purposes.

Smart SAP Assistant

• Key Concepts: 
  Rerating is a feature of the FI-CA-INV Convergent Invoicing component of SAP. It allows users to change the rate of an invoice item after it has been created. This can be done manually or automatically, depending on the user's preferences. 
  
  How to use it: 
  To use rerating, users must first set up the relevant parameters in the system. This includes setting up a rate table, which defines the different rates that can be applied to an invoice item. Once this is done, users can manually select a rate from the rate table when creating an invoice item, or they can set up an automatic rerating process that will apply the correct rate based on certain criteria. 
  
  Tips & Tricks: 
  When setting up a rate table for rerating, it is important to ensure that all relevant rates are included and that they are up-to-date. This will ensure that the correct rate is applied when rerating an invoice item. 
  
  Related Information: 
  For more information on rerating in FI-CA-INV Convergent Invoicing, please refer to the SAP Help documentation.