What is 'invoice value' in SAP MM-IV - Invoice Verification?

invoice value - Overview

• Component: MM-IV

• Component Name: Invoice Verification

• Description: A value that is calculated as follows: The total of all previously entered item amounts from an invoice or credit memo for a PO item - Cash discount - Non-deductible input tax + Unplanned delivery costs

invoice value - Details

• 
  Key Concepts: 
  Invoice value is a term used in SAP's MM-IV Invoice Verification component. It is the total amount of money that a vendor charges for goods or services provided to a customer. This amount is usually calculated by multiplying the quantity of goods or services provided by the unit price. 
  
  How to use it: 
  In SAP's MM-IV Invoice Verification component, invoice value is used to compare the amount charged by the vendor to the amount that was agreed upon in the purchase order. If there is a discrepancy between the two amounts, then the invoice must be adjusted accordingly. 
  
  Tips & Tricks: 
  When entering invoice values into SAP's MM-IV Invoice Verification component, it is important to double-check that all of the information is accurate and up-to-date. This will help ensure that any discrepancies between the invoice value and the purchase order are quickly identified and resolved. 
  
  Related Information: 
  For more information about SAP's MM-IV Invoice Verification component, please refer to SAP's official documentation at https://help.sap.com/viewer/product/SAP_ERP_MM/6.0/en-US.