What is material range of coverage in SAP MM-IV - Invoice Verification?

SAP Term: material range of coverage

• Component: MM-IV

• Component Name: Invoice Verification

• Description: The period expressed in a number of months, for example for which a particular stock quantity of a material is expected to cover requirements. The material range of coverage is calculated on the basis of historical or forecast values.

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• Key Concepts: 
  Material range of coverage is a feature in SAP MM-IV Invoice Verification that allows users to define a range of materials that can be used for a particular invoice. This range of materials can be used to limit the number of materials that can be used for a particular invoice, ensuring that only the necessary materials are used. 
  
  How to use it: 
  To use the material range of coverage feature, users must first define the range of materials they want to use for a particular invoice. This can be done by entering the material numbers into the system. Once the range has been defined, users can then select the materials they want to use for the invoice from within the defined range. 
  
  Tips & Tricks: 
  When defining a material range of coverage, it is important to ensure that all necessary materials are included in the range. This will ensure that all necessary materials are available for use when creating an invoice. Additionally, it is important to keep the range as narrow as possible, as this will help to reduce the amount of time spent selecting materials for an invoice. 
  
  Related Information: 
  For more information on material range of coverage in SAP MM-IV Invoice Verification, please refer to SAP's official documentation on the topic. Additionally, there are many online resources available that provide detailed instructions on how to use this feature.