Invoice Verification-Brief Introduction

Logistics Invoice Verification is part of Materials Management. At the end of the logistics chain comprising Purchasing, Inventory Management, and Invoice Verification, Logistics Invoice Verification checks incoming invoices for accuracy with regards to content, price, and accounting.

The main task of Logistics Invoice Verification is to complete the procedure of materials procurement by posting the vendor invoice and to pass on information concerning the invoice to Financial Accounting and subsequent applications.

Logistics Invoice Verification can also process invoices that do not originate in
materials procurement.

Logistics Invoice Verification is not an isolated component within SAP R/3. It operates in conjunction with the Purchasing and Inventory Management components. Logistics Invoice Verification accesses data located in preceding application areas.
For each incoming invoice, Logistics Invoice Verification creates an MM invoice document and an FI invoice document.
The invoice documents update data in:

  • Materials Management
  • Financial Accounting
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