What is net value in SAP SRM-EBP-INV - Invoicing?

SAP Term: net value

• Component: SRM-EBP-INV

• Component Name: Invoicing

• Description: Product of multiplying quantity and net price of an item product or service. When you create an invoice in SAP Enterprise Buyer, the net value is included in the item information.

Smart SAP Assistant

• Key Concepts: 
  Net value is a term used in SAP SRM-EBP-INV Invoicing to refer to the total amount of an invoice, minus any discounts or deductions. It is the amount that the customer is expected to pay for the goods or services provided. 
  
  How to use it: 
  Net value is calculated by subtracting any discounts or deductions from the total amount of an invoice. This calculation can be done manually or automatically, depending on the system configuration. Once the net value has been calculated, it can be used to determine the amount that needs to be paid by the customer. 
  
  Tips & Tricks: 
  When calculating net value, it is important to ensure that all discounts and deductions are taken into account. This will ensure that the customer pays the correct amount for the goods or services provided. 
  
  Related Information: 
  Net value is closely related to other terms such as gross value and invoice total. Gross value refers to the total amount of an invoice before any discounts or deductions are applied, while invoice total refers to the total amount of an invoice including any taxes or fees.