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

SAP Term: gross price

• Component: MM-IV

• Component Name: Invoice Verification

• Description: The total price without making allowance for discounts or surcharges.

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  Key Concepts: 
  Gross price is a term used in SAP's Materials Management (MM) Invoice Verification (IV) component. It is the total amount of an invoice, including any taxes or other charges. It is the amount that the customer is expected to pay for the goods or services.
  
  How to use it: 
  In SAP MM-IV, gross price is used to calculate the total amount of an invoice. This amount is then compared to the net price, which is the amount of the invoice without any taxes or other charges. If there is a discrepancy between the two amounts, it must be resolved before the invoice can be processed.
  
  Tips & Tricks: 
  When entering an invoice into SAP MM-IV, make sure to enter the gross price accurately. This will ensure that the invoice is processed correctly and that any discrepancies between the net and gross prices are identified and resolved quickly.
  
  Related Information: 
  Gross price is related to net price, which is the amount of an invoice without any taxes or other charges. It is also related to invoice verification, which is a process used in SAP MM-IV to ensure that invoices are accurate and complete before they are processed.