Invoicing plan

[v_s6]

Hi All,

My clienyt has a process wherein their vendor just keeps adding on material every week (C class matrl like screws,nuts, bolts etc.) on the assembly line. The vendor gets paid once every month.

For this I want to propose an invoicing plan process. But when I try to create a new framework order (document type FO) I do not get the invoicing plan button in the invoice tab of the PO.

Can some please let me understand the invoicing plan process. Am I missing something here (configuration?).

Also please suggest if an invoicing plan process would be the best solution for the above requirement or can can I use some other functionality.

The client MUST have an invoice document from the vendor in view of the SOX COMPLIANCE.

Regards,

V S

[Former Member]

for activation of Invoice plan make setting: SPRO-IMGMM--PURCHASING-POINVOICING PLANInvoicing plan typesMaintain partial/periodic invoicing plan

[Former Member]

check the below link

[Former Member]

Hi VS

The best option for your requirement is ERS.

You can receive the material as and when required and without doing the Invoice verification you can settele the vendor liabality through MRRL at given interval... for your case every month.

for doing this. you need to do in

Vendor master -- Purchasing data >>>> tick GR based Invoice verification and Auto end.Rg set

In Info record set GR based Invoice verification and tax code.

In PO verify that Tax code, payment terms and GR based invoice verification are ticked /enterd.

Do MIGO

Settle through MRRL ( no Invoice required from vendor ) it will generete the credit memo automaticaly..

Hope this solve your issue.

Regards

Anand

[Former Member]

Hi,

You can use any type of PO for this process.

Even you can use consignment business proces to map this in SAP.(Issue PO and Recieve it,and settle periodically in MRKO based on the consumption values)

(or)

Framework order

Check in VMR,ERS indicator is there.

Account assigned PO.

Check the Item category you use.

Use Periodic Invoicing plan as it will allow you to create Invoices every monthend.

Regards,

Deepak.