1. SAP Glossary
  2. SAP for Retail
  3. subsequent settlement


What is 'subsequent settlement' in SAP IS-R - SAP for Retail?


subsequent settlement - Overview

  • Component: IS-R

  • Component Name: SAP for Retail

  • Description: Retail A calculation of and accounting for the amounts due in accordance with conditions agreed between a customer and a vendor at the end of an agreed period. This process can be performed on a once-only or periodic basis.


subsequent settlement - Details


  • Key Concepts: Subsequent settlement is a process in the IS-R SAP for Retail system that allows retailers to settle their accounts with suppliers after goods have been delivered. This process is used to ensure that the retailer has received the correct goods and that the supplier has been paid for them.
    How to use it: In order to use subsequent settlement, retailers must first enter the details of the goods they have received from the supplier into the system. This includes the quantity, price, and any discounts or other adjustments that may have been applied. Once this information has been entered, the system will generate a settlement document which can then be used to pay the supplier.
    Tips & Tricks: It is important to ensure that all of the details entered into the system are accurate, as this will ensure that the settlement document is correct and that the supplier is paid correctly. Additionally, it is important to keep track of any discounts or other adjustments that may have been applied, as these can affect the amount due to the supplier.
    Related Information: Subsequent settlement is just one of many processes available in IS-R SAP for Retail. Other processes include invoicing, payment processing, and inventory management. Additionally, there are a variety of reports available in IS-R SAP for Retail which can be used to track

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subsequent settlement - Related SAP Terms

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