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

range of coverage - Overview

• Component: MM-IV

• Component Name: Invoice Verification

• Description: Quotient of average stock and average consumption Within the framework of lowest value determination for the balance sheet valuation of material stocks, the ERP system offers a procedure for the blanket devaluation of materials on the basis of their range of coverage.

range of coverage - Details

• 
  Key Concepts: 
  Range of coverage is a feature in SAP MM-IV Invoice Verification that allows users to define the range of documents that should be included in the invoice verification process. This range can be defined by document type, company code, vendor, and other criteria. 
  
  How to use it: 
  To use the range of coverage feature, users must first define the criteria for the range. This can be done in the Customizing menu under MM-IV Invoice Verification. Once the criteria have been defined, users can select the range of documents they want to include in the invoice verification process. 
  
  Tips & Tricks: 
  When defining the range of coverage, it is important to consider which documents should be included and excluded from the invoice verification process. This will help ensure that only relevant documents are included and that unnecessary documents are excluded. 
  
  Related Information: 
  For more information on range of coverage in SAP MM-IV Invoice Verification, please refer to SAP Help documentation or contact your local SAP support team.