What is two-line concept in SAP MM-IV-LIV - Logistics Invoice Verification?

SAP Term: two-line concept

• Component: MM-IV-LIV

• Component Name: Logistics Invoice Verification

• Description: Simultaneous display of the current invoice item and the credit memo item in a differential or final invoice that has a preceding invoice document. The first line shows the current amount for the item invoice item. The second line shows the amount from the preceding document credit memo item.

Smart SAP Assistant

• Key Concepts: 
  The two-line concept in SAP MM-IV-LIV Logistics Invoice Verification is a process that allows for the verification of goods receipts and invoices. This concept is used to ensure that the goods received match the invoice and that the invoice is accurate. The two lines refer to the two documents that are used in this process: the goods receipt document and the invoice document. 
  
  How to use it: 
  The two-line concept in SAP MM-IV-LIV Logistics Invoice Verification is used to verify that the goods received match the invoice and that the invoice is accurate. The process begins with a goods receipt document, which is created when goods are received from a vendor. This document contains information about the goods received, such as quantity, price, and description. The second document is an invoice document, which contains information about the invoice, such as quantity, price, and description. The two documents are then compared to ensure accuracy. 
  
  Tips & Tricks: 
  When using the two-line concept in SAP MM-IV-LIV Logistics Invoice Verification, it is important to ensure that all information on both documents is accurate and up to date. It is also important to double check all information before submitting the documents for verification. Additionally, it is important to keep track of all documents related to this process in order to ensure accuracy and efficiency. 
  
  Related Information: 
  The two-line concept in SAP MM-IV-LIV Logistics Invoice Verification is part of a larger process known as Goods Receipt Processing (GRP). GRP involves verifying that all goods received match their corresponding invoices and that all invoices are accurate. Additionally, GRP also involves creating payment documents for vendors and tracking all related documents.