What is improper invoice in SAP PSM-FG - Functions for U.S. Federal Government?

SAP Term: improper invoice

• Component: PSM-FG

• Component Name: Functions for U.S. Federal Government

• Description: Term used by the US Federal Government to describe vendor invoices that lack required information. What constitutes "required information" can be defined individually by government agencies. Examples include the name of the vendor, the invoice date, or the description, price, and quantity.

Smart SAP Assistant

• Key Concepts:
  An improper invoice is a type of invoice that does not meet the requirements of the Federal Acquisition Regulation (FAR). This includes invoices that are incomplete, inaccurate, or contain incorrect information. The FAR requires that all invoices be accurate and complete in order to be paid.
  
  How to use it:
  The PSM-FG Functions for U.S. Federal Government module provides a comprehensive set of tools to help ensure that all invoices are accurate and complete. This includes tools to detect and flag improper invoices, as well as tools to help users quickly and accurately correct any errors.
  
  Tips & Tricks:
  It is important to review all invoices carefully before submitting them for payment. This will help ensure that all invoices are accurate and complete, and will reduce the risk of improper invoices being paid. Additionally, it is important to keep up-to-date with any changes in the FAR, as this may affect the requirements for proper invoicing.
  
  Related Information:
  For more information on the PSM-FG Functions for U.S. Federal Government module, please visit the SAP website at https://www.sap.com/products/psm-fg-functions-us-federal-government.html