What is the use of Automatic invoice?. where will you use?.

[Former Member]

Hi,

Can anybody explain me pls...What is the use of Automatic invoice and where will you use?.

Thanks

Arumugam.

[Former Member]

Hi

Automatic invoice means it is a facility that allows you to schedule desired invoicing dates for planned procurements independently of the receipt of the relevant goods or services.

You do not wait each time for the vendor to submit an invoice for goods supplied or services performed, but can have invoices created automatically by the system on the basis of the data available in the purchase order and then release them for payment to the vendor.

Automatic Invoice posting is done through MIRA.

MIRA can be used for the postings the invoices for the n number of the PO documents...

MIRA - Enter Invoice for Invoice Verification in Background

IN MIRA lot of PO can be processed at the same time.

There are two types of invoice plans 1) Periodic and Partial plan.

Please refer these links.It will help you lot.

http://wiki.sdn.sap.com/wiki/display/ERPSCM/MM-SRVTheInvoicing+Plan

http://help.sap.com/saphelp_46c/helpdata/en/75/ee0d3355c811d189900000e8322d00/content.htm

Thanking you.

[Former Member]

Hi,

You can have the system create the invoices automatically on the basis of the data in the purchase order, thereby triggering payment of the vendor.

Through the use of Automatic Invoice we aim to considerably reduce the manual data entry effort in the purchasing and invoice verification (A/P) department.

We use this facility for procuring frequently ordered items where the prices are agreed upon between the vendor and the buyer..

The vendor must have agreed to use the automatic invoice creation facility (since we will use automatic settlement to create the invoice). In this case, the 'AutoEvalGRSetmtDel.' indicator must be flagged in the vendor master record.

Regards,

Ankur

[Former Member]

Hi,

Automatic invoice means automization if invoice process. For this invoice plan is used/ Here can schedule the dates to create invoice automatically. There two type of invoice plan. one is periodic invoice plan & partial invoice plan.

1.Periodic invoice plan is used in the case of rental purpose.

2.Partial invoice plan is used in the case of building construction. Phase wise invoice creation and payment will trigger here. Please refer below link in this regard. Thanking you.

http://www.sap-img.com/materials/use-of-invoice-plan-in-sap.htm

Edited by: Padmasri Garapati on Nov 18, 2011 12:09 PM