What is future receipt in SAP IS-AFS-ARUN-IMD - ARO on In-Memory Database?

SAP Term: future receipt

• Component: IS-AFS-ARUN-IMD

• Component Name: ARO on In-Memory Database

• Description: The reserved future purchase orders, shipping notifications, and production orders that are used in a current situation where demand outstretches supply, for example, an oversold product.

Smart SAP Assistant

• Key Concepts: 
  Future Receipt is a feature of the IS-AFS-ARUN-IMD ARO on In-Memory Database component of SAP. It allows users to create a future receipt for an invoice that has not yet been received. This feature is useful for businesses that need to plan ahead and anticipate future payments. 
  
  How to use it: 
  To use the Future Receipt feature, users must first create an invoice in SAP. Once the invoice is created, users can then create a future receipt for the invoice. This can be done by selecting the “Create Future Receipt” option from the menu. The user will then be prompted to enter the date on which the future receipt should be created. Once the date is entered, the future receipt will be created and stored in SAP. 
  
  Tips & Tricks: 
  When creating a future receipt, it is important to ensure that the date entered is accurate. If the date is incorrect, it could lead to incorrect accounting entries or other issues. Additionally, it is important to remember that a future receipt cannot be changed once it has been created. 
  
  Related Information: 
  For more information about Future Receipts and other features of IS-AFS-ARUN-IMD ARO on In-Memory Database, please refer to SAP’s official documentation.