What is settlement run in SAP SRD-SRM-SI - SRM-Supplier Invoicing?

SAP Term: settlement run

• Component: SRD-SRM-SI

• Component Name: SRM-Supplier Invoicing

• Description: The execution of a process that electronically posts supplier invoices on receipt of products purchased.

Smart SAP Assistant

• Key Concepts: 
  A settlement run is a process in SAP Supplier Invoicing (SRM-SI) that allows you to settle open invoices with suppliers. This process is used to ensure that all invoices are paid in a timely manner and that the supplier is not overpaid. The settlement run also helps to ensure that the supplier is not underpaid, as it takes into account any discounts or other adjustments that may be applicable. 
  
  How to use it: 
  To use the settlement run, you must first create a settlement document. This document contains all of the relevant information about the invoices that need to be settled, such as the invoice number, the amount due, and any discounts or other adjustments that may be applicable. Once the document is created, you can then run the settlement run process. This will generate a report that shows all of the invoices that have been settled and any adjustments that have been made. 
  
  Tips & Tricks: 
  When running a settlement run, it is important to make sure that all of the information in the settlement document is accurate. This includes making sure that all of the invoices are up-to-date and that any discounts or other adjustments are correctly applied. Additionally, it is important to make sure that all of the invoices are paid in a timely manner so as to avoid any late payment penalties or other issues. 
  
  Related Information: 
  For more information on how to use the settlement run process in SAP Supplier Invoicing (SRM-SI), please refer to SAP Help documentation or contact your local SAP support team. Additionally, there are many online resources available that provide detailed instructions on how to use this process.