What is pool merging in SAP MM-IV - Invoice Verification?

SAP Term: pool merging

• Component: MM-IV

• Component Name: Invoice Verification

• Description: The combining of several pools to form a single larger pool.

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• Key Concepts: 
  Pool merging is a process in SAP MM-IV Invoice Verification that allows you to combine multiple invoices into one document. This process is used to reduce the number of documents that need to be processed and to simplify the payment process. Pool merging can be used for both vendor and customer invoices. 
  
  How to use it: 
  To use pool merging, you must first select the invoices that you want to merge. This can be done by selecting the invoices in the invoice list or by using a selection criteria. Once the invoices have been selected, you can then merge them into one document. The merged document will contain all of the information from the individual invoices, including the invoice numbers, amounts, and any other relevant information. 
  
  Tips & Tricks: 
  When using pool merging, it is important to ensure that all of the invoices being merged are from the same vendor or customer. Additionally, it is important to make sure that all of the invoices have been approved before they are merged. This will ensure that all of the information is accurate and up-to-date. 
  
  Related Information: 
  Pool merging is a useful tool for streamlining the invoice processing process. It can also be used in conjunction with other features in SAP MM-IV Invoice Verification, such as payment terms and discounts. Additionally, pool merging can be used in conjunction with other SAP modules, such as FI-AP Accounts Payable and FI-AR Accounts Receivable.