What is posting gross in SAP MM-IV - Invoice Verification?

SAP Term: posting gross

• Component: MM-IV

• Component Name: Invoice Verification

• Description: A posting method used for entering invoices containing cash discounts. The cash discount amount is taken into account when the invoice is paid and posted as a cash discount amount not affecting net income.

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• Key Concepts: 
  Posting gross is a term used in SAP's Materials Management (MM) Invoice Verification (IV) component. It refers to the process of entering the total amount of an invoice into the system, without any deductions or discounts. This amount is then compared to the goods and services received, and any discrepancies are noted. 
  
  How to use it: 
  In order to post gross in SAP MM-IV, the user must first enter the invoice details into the system. This includes the vendor name, invoice number, date, and total amount. Once this information is entered, the user can then select the “Post Gross” option from the menu. This will post the total amount of the invoice into the system without any deductions or discounts. 
  
  Tips & Tricks: 
  When posting gross in SAP MM-IV, it is important to ensure that all of the invoice details are accurate and up-to-date. This will help to ensure that any discrepancies between the goods and services received and the total amount of the invoice are noted and addressed quickly. 
  
  Related Information: 
  Posting gross is just one part of SAP MM-IV's Invoice Verification process. Other steps include verifying goods and services received, entering deductions or discounts, and reconciling invoices with purchase orders. For more information on these processes, please refer to SAP's official documentation.