Maximizing SAP ERP Financials Accounts Payable

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Vendor Master Data
Credit Memo Terms
A different payment term for credit memos can be entered in the credit memo
terms (Cr memo terms) fields. If no term is entered, “*” can be entered in the payment
term (Payt Terms) field during credit memo entry, and the invoice payment
term will be defaulted.
Check Flag for Double Invoices or Credit Memos
If this flag is set, the system checks whether invoices are already entered and issues
a message accordingly. The message is issued if an invoice is already entered and
the following values are the same:
EE
EE
EE
EE
EE
EE
Company code
Vendor
Currency
Invoice amount
Reference document number
Invoice date
Within LIV, the number of characteristics checks can be reduced, thereby increasing
the likelihood that a duplicate invoice is identified. The following fields can be
switched off under IMG • Materials Management • Logistics Invoice Verification
• Incoming Invoice • Set Check for Duplicate Invoices:
EE
EE
EE
Company code
Reference document number
Invoice date
Check Cashing Time
The check cashing time (check cashing time) defines the average number of days
it takes the vendor to cash a check. This day is used within the Cash Management
component for accurate cash forecasting. The check cashing time can be automatically
updated with Report RFSRUE10.
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