What is hold in SAP MM-IV - Invoice Verification?

SAP Term: hold

• Component: MM-IV

• Component Name: Invoice Verification

• Description: Function for saving an incomplete invoice document. The system only makes minimal checks, for example, whether a company code exists. The purchase order history is not updated and there is no update in financial accounting.

Smart SAP Assistant

• Key Concepts: 
  Hold is a status in SAP MM-IV Invoice Verification that indicates that the invoice is not yet ready to be processed. It is used to prevent the invoice from being processed until all necessary information has been collected and verified. 
  
  How to use it: 
  In order to use the hold status, the user must first select the invoice in question and then select the “hold” option from the menu. This will place the invoice in a “hold” status, preventing it from being processed until all necessary information has been collected and verified. 
  
  Tips & Tricks: 
  When placing an invoice on hold, it is important to provide a clear explanation of why it is being held. This will help ensure that all necessary information is collected and verified before the invoice is processed. Additionally, it is important to regularly check on invoices that are on hold to ensure that they are not forgotten or overlooked. 
  
  Related Information: 
  The hold status can also be used in other areas of SAP such as purchasing and inventory management. Additionally, there are other statuses available in SAP MM-IV Invoice Verification such as “approved” and “rejected” which can be used to indicate the status of an invoice.