What is 'evaluated receipt settlement' in SAP SRD-SRM-SI - SRM-Supplier Invoicing?

evaluated receipt settlement - Overview

• Component: SRD-SRM-SI

• Component Name: SRM-Supplier Invoicing

• Description: An automatic process that creates invoices and credit memos for designated suppliers, so that they deliver products without any corresponding supplier invoices. Instead, purchase order prices and goods and services receipt quantities are used to determine how much is owed to the supplier.

evaluated receipt settlement - Details

• 
  Key Concepts: 
  Evaluated Receipt Settlement (ERS) is a process in SAP Supplier Invoicing (SRM-SI) that allows for the automatic settlement of goods receipts and invoices. It is used to ensure that goods are received and invoiced in a timely manner, and that the correct amount is paid to the supplier. 
  
  How to use it: 
  In order to use ERS, the supplier must first be set up in the system. Once this is done, the goods receipt must be entered into the system. The system will then automatically match the goods receipt with the invoice, and if they match, the invoice will be settled. 
  
  Tips & Tricks: 
  It is important to ensure that all goods receipts and invoices are entered into the system accurately in order for ERS to work properly. Additionally, it is important to ensure that all suppliers are set up correctly in order for ERS to work properly. 
  
  Related Information: 
  For more information on ERS, please refer to SAP's documentation on Supplier Invoicing (SRM-SI). Additionally, there are many online resources available that provide more detailed information on ERS and how it works.