What is layer version in SAP MM-IV - Invoice Verification?

SAP Term: layer version

• Component: MM-IV

• Component Name: Invoice Verification

• Description: In material valuation, a version of a layer enabling you to examine LIFO valuations for test purposes or for internal interim results without reducing or cancelling out existing layers or creating new ones for balance sheet valuation.

Smart SAP Assistant

• Key Concepts: 
  Layer version is a concept used in SAP MM-IV Invoice Verification. It is a version of the invoice verification process that is used to track changes and updates to the process. The layer version is used to identify which version of the process is currently active and which versions have been superseded. 
  
  How to use it: 
  The layer version is used to ensure that the most up-to-date version of the invoice verification process is being used. When changes are made to the process, a new layer version is created and the old version is marked as inactive. This allows users to easily identify which version of the process they should be using. 
  
  Tips & Tricks: 
  When making changes to the invoice verification process, it is important to create a new layer version so that users can easily identify which version they should be using. This will help ensure that everyone is using the most up-to-date version of the process. 
  
  Related Information: 
  For more information on layer versions and how they are used in SAP MM-IV Invoice Verification, please refer to the SAP Help documentation.