What is imparity principle in SAP MM-IV - Invoice Verification?

SAP Term: imparity principle

• Component: MM-IV

• Component Name: Invoice Verification

• Description: A principle of the preparation of financial statements that requires unrealized losses to be shown in a balance sheet, but does not account for the unrealized profits. Under generally accepted accounting principles in the United States, certain unrealized profits also have to be recorded.

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• Key Concepts: 
  The imparity principle is a concept used in SAP's MM-IV Invoice Verification component. It states that the total amount of an invoice must be equal to the sum of the individual line items. This ensures that all items on an invoice are accounted for and that the invoice is accurate. 
  
  How to use it: 
  The imparity principle is used when verifying invoices in SAP's MM-IV Invoice Verification component. When verifying an invoice, the user must ensure that the total amount of the invoice matches the sum of all individual line items. If there is a discrepancy, then the user must investigate further to determine the cause of the discrepancy. 
  
  Tips & Tricks: 
  When verifying invoices, it is important to double-check that all line items have been accounted for and that the total amount matches the sum of all line items. This will help ensure accuracy and prevent any discrepancies from occurring. 
  
  Related Information: 
  The imparity principle is just one concept used in SAP's MM-IV Invoice Verification component. Other concepts include matching, tolerance limits, and payment terms. Understanding these concepts will help users better understand how to use SAP's MM-IV Invoice Verification component.