What is clearing value in SAP MM-IV - Invoice Verification?

SAP Term: clearing value

• Component: MM-IV

• Component Name: Invoice Verification

• Description: The sum of the amounts posted to the GR/IR clearing account when invoices are entered with regard to a business transaction.

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• Key Concepts: 
  Clearing value is a term used in SAP's Materials Management (MM) Invoice Verification (IV) component. It is the difference between the invoice amount and the goods receipt amount. This value is used to determine if an invoice should be cleared or not. 
  
  How to use it: 
  In order to use the clearing value, you must first enter the invoice amount and the goods receipt amount into SAP. Once these values are entered, the system will calculate the clearing value automatically. If the clearing value is zero, then the invoice can be cleared. If it is not zero, then further investigation is needed to determine why there is a discrepancy between the two amounts. 
  
  Tips & Tricks: 
  It is important to ensure that all invoices are cleared in a timely manner in order to avoid any delays in payment. Additionally, it is important to investigate any discrepancies between the invoice and goods receipt amounts in order to ensure accuracy and prevent any potential issues down the line. 
  
  Related Information: 
  For more information on SAP's Materials Management Invoice Verification component, please refer to SAP's official documentation here: https://help.sap.com/viewer/product/SAP_ERP_MM/6.0/en-US