What is delivered price in SAP MM-IV - Invoice Verification?

SAP Term: delivered price

• Component: MM-IV

• Component Name: Invoice Verification

• Description: Price of a purchased good based on the procurement costs of that good payable up to the time of its entry into the enterprise. At the time of ordering, this is a planned price that can change during the course of the procurement transaction. It relates to a transaction quantity and is calculated on a simplified basis as follows: Delivered value / goods receipt quantity From the procurement standpoint, it is calculated as follows: Gross price - price reduction + delivery costs

Smart SAP Assistant

• Key Concepts: 
  Delivered price is a term used in SAP's Materials Management (MM) Invoice Verification (IV) component. It is the price of a material or service that is agreed upon between the vendor and the customer, and is used to compare the actual invoice amount to the expected amount. 
  
  How to use it: 
  In SAP MM-IV, the delivered price is used to verify that the invoice amount matches the expected amount. The delivered price is entered into the system when creating a purchase order, and then compared to the invoice amount when verifying an invoice. If there is a discrepancy between the two amounts, it can be investigated further. 
  
  Tips & Tricks: 
  It is important to ensure that the delivered price entered into SAP MM-IV matches the actual price agreed upon between the vendor and customer. This will help ensure that invoices are accurately verified and any discrepancies can be quickly identified and addressed. 
  
  Related Information: 
  For more information on SAP MM-IV, please refer to SAP's official documentation on Materials Management Invoice Verification.