What is 'purchase order price quantity variance' in SAP MM-PUR - Purchasing?

purchase order price quantity variance - Overview

• Component: MM-PUR

• Component Name: Purchasing

• Description: In an invoice, the difference between the invoice quantity in the purchase order price unit and the quantity posted at goods receipt, although the invoice quantity in the order unit is the same as the goods receipt quantity posted.

purchase order price quantity variance - Details

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  Key Concepts: 
  Purchase Order Price Quantity Variance (PO PQV) is a term used in SAP's Materials Management (MM) Purchasing module. It is the difference between the expected and actual price and quantity of goods or services purchased. This variance is calculated when the goods receipt is posted for a purchase order. 
  
  How to use it: 
  The PO PQV can be used to monitor the accuracy of purchase orders and to identify any discrepancies between the expected and actual prices and quantities of goods or services purchased. The variance can be used to adjust the purchase order price or quantity, if necessary. 
  
  Tips & Tricks: 
  It is important to monitor the PO PQV regularly to ensure that all purchase orders are accurate and up-to-date. This will help to avoid any discrepancies between the expected and actual prices and quantities of goods or services purchased. 
  
  Related Information: 
  For more information on PO PQV, please refer to SAP's Materials Management (MM) Purchasing documentation. Additionally, you can find more information on SAP's MM Purchasing module in the SAP Help Portal.