What is current layer in SAP MM-IV - Invoice Verification?

SAP Term: current layer

• Component: MM-IV

• Component Name: Invoice Verification

• Description: A stock layer for last-in-first-out LIFO valuation for the current period.

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• Key Concepts: 
  Current layer is a term used in SAP MM-IV Invoice Verification. It refers to the current version of the invoice document that is being processed. This layer contains all the information that is relevant to the current processing step, such as the invoice amount, vendor details, and payment terms. 
  
  How to use it: 
  In SAP MM-IV Invoice Verification, the current layer is used to store all the relevant information about the invoice document. This layer is updated as the invoice document progresses through its processing steps. For example, when an invoice is approved, the current layer will be updated with the approval details. 
  
  Tips & Tricks: 
  When working with current layers in SAP MM-IV Invoice Verification, it is important to ensure that all relevant information is included in the layer. This will help ensure that all processing steps are completed correctly and efficiently. 
  
  Related Information: 
  The concept of current layers is also used in other SAP modules, such as SAP FI-CA (Contract Accounts Receivable and Payable). In this module, current layers are used to store all relevant information about contracts and invoices.