Sunday, January 07, 2007

Invoice Verification in SAP R3 - T-Codes MIRO and MRBR...

Simply speaking, invoice verification refers to matching the invoice to details of purchase order and goods receipt before a payment on that invoice can occur. Invoices which get matched get paid through the payment run and unmatched invoices are parked for investigation.

Let me explain the SAP invoice verfication process in SAP R3 step by step:

1. The first step is entering vendor invoice details received into SAP. This process is done using the transaction code "MIRO" Enter Incoming Invoice in SAP. All invoice details such as basic data, payment details, tax details etc can be entered using this t-code.

2. The next step involves matching the details of invoices with purchase order information and goods receipt information. This step is called matching in the process invoice verification and is done using t-code MIRO. This step can have two results. In case, the invoices match, same are automatically released for payment in SAP through a scheduled payment run. In case, invoices verification fails and there is a mis-match, then further investigation is required.

3. In case invoices do not match with PO and GR details, same can be further investigated and cleared off using the t-code MRBR. MRBR is the t-code for releasing blocked invoices for payment once they have been matched. Such blocked invoices can either be released manually or the same can be released automatically by activating automatic release flag.

4. Finally, as a last step, the accounting entries for invoice verification are updated at the time when the transactions MIRO and MRBR are posted to
SAP FI.

4 comments:

Anonymous said...

lowest price viagra generic viagra cheap viagra shelf life lowest price viagra watermelon viagra viagra larger forever get viagra viagra cheap price iframe does viagra work buying viagra online viagra dosage over the counter viagra viagra uterine thickness viagra discount

Anonymous said...

Hi !.
You may , perhaps very interested to know how one can collect a huge starting capital .
There is no need to invest much at first. You may start to get income with as small sum of money as 20-100 dollars.

AimTrust is what you need
AimTrust incorporates an offshore structure with advanced asset management technologies in production and delivery of pipes for oil and gas.

Its head office is in Panama with offices everywhere: In USA, Canada, Cyprus.
Do you want to become really rich in short time?
That`s your choice That`s what you wish in the long run!

I feel good, I started to take up income with the help of this company,
and I invite you to do the same. It`s all about how to select a correct partner utilizes your money in a right way - that`s the AimTrust!.
I take now up to 2G every day, and my first deposit was 1 grand only!
It`s easy to start , just click this link http://wowyhumud.greatnow.com/kuhudepi.html
and go! Let`s take this option together to become rich

Anonymous said...

Hi there!
I would like to burn a theme at this forum. There is such a nicey, called HYIP, or High Yield Investment Program. It reminds of ponzy-like structure, but in rare cases one may happen to meet a company that really pays up to 2% daily not on invested money, but from real profits.

For quite a long time, I make money with the help of these programs.
I don't have problems with money now, but there are heights that must be conquered . I make 2G daily, and I started with funny 500 bucks.
Right now, I managed to catch a guaranteed variant to make a sharp rise . Turn to my web site to get additional info.

[url=http://theblogmoney.com] Online investment blog[/url]

Anonymous said...

Understandably your article helped me very much in my college assignment. Hats high to you dispatch, intention look audacious in the direction of more interdependent articles soon as its one of my pet topic to read.