Delego’s Five Steps To Get Customers To Pay Invoices on Time

361 results

  1. Post Invoices Automatically with ERS

    The evaluated receipt settlement (ERS) lets your R/3 system post vendor invoices automatically without internal paper flow or manual verification steps. The author says that his company recently implemented ERS at a large public service organization. The task of posting approximately 100 daily invoices, which formerly required two full-time employees, now is completed in one…...…

  2. Use a Three-Way Invoice Control Assessment to Reduce the Risk of Fraud and Money Loss

    Learn how to measure and assess whether three-way match invoice control has been effectively implemented — in terms of security, segregation of duties (SoD), and processes — to reduce the risk of fraud and monetary losses over the procure-to-pay (P2P) process. Key Concept The three-way match invoice control in an SAP system is designed to…...…

  3. How the GR-Based Invoice Verification Setting Affects Credit Memo Processing

    The choice of whether to activate the GR-based invoice verification setting may seem inconsequential. However, this setting can have unforeseen repercussions, including inaccurate reconciliation figures. The author shows you what the GR-based invoice verification setting does and how it affects your bookkeeping. He also provides tips to help you avoid related processing errors. Key Concept…...…

  4. Secure Your Revenue Stream: Ensure That SD Billing Document Invoices Are Posted in FI

    It is possible to have an SD billing document without a corresponding FI invoice. This type of error can result in significant under-reporting of revenue. Take these steps to ensure all SD invoices are reflected accurately in FI-AR. Key Concept Two R/3 modules, SD and FI, cover the order-to-cash process. Invoicing represents the interface between…...…

  5. Moving Average Price: Learn How It Functions in Project Stock and Figure Out How to Explain the Unexplainable

    A lot can go wrong if you don’t understand moving average price. Sort out the complexities that arise when material movements, invoices, reversals, and purchase order history interact with moving average price. Understand both the cause and the cure for the frustration and confusion. Key Concept Materials that are entered into an SAP system as…...…

  6. How to Align MM and FI Document Numbers in Logistics Invoice Verification

    In SAP Release 4.6C and above, Logistics Invoice Verification (LIV) replaces conventional invoice verification for invoices related to purchase orders. The author explains how the change in invoice verification methods leads to different MM and FI document numbers, and how to align them. If you are planning to upgrade to SAP Release 4.6C or higher…...…

  7. Make Splitting a Payment Easy with Vendor’s Invoice Retention

    See two ways to split a payment with the amount split indicator. One is based on a percentage of the total owed by the customer, and one based on a specific amount. Key Concept The standard SAP option enable amount split indicator in Financial Accounting global settings allows you to split a vendor invoice amount…....…

  8. Link Invoices and Partial Payments for Clearing

    Partial payments are sometimes difficult to process in an SAP system. Learn how to set editing options to automatically link partial payments to the invoices to which they belong. Key Concept By setting editing options correctly, you can automatically link an original invoice and partial payments. An SAP system can also automatically calculate partially paid…...…

  9. Transforming Invoice Management in SAP with Insights from OpenText’s Matthias Niessen

    Invoice management is an essential operation for many businesses, yet all too often these functions are handled manually. This can cause payment discrepancies, processing issues, delayed payments, and limited visibility. These challenges grow even worse as many companies process invoices manually across multiple systems external to SAP ERP. To help address these challenges, OpenText introduced…

  10. Use Payment Order Functionality to Clear Invoices Being Paid

    When using automatic payments to pay outstanding invoices, you normally clear the invoices being paid. Thus, the invoices are no longer visible as open items on the vendor open item list. In some countries the paid invoices should remain open. Learn how the SAP system’s payment order functionality handles this kind of payment. Key Concept…...…