Entering content frame

Characteristic Final Invoice Indicator Locate the document in its SAP Library structure

Technical name: 0FINAL_INV

Use

Indicates that the final invoice for this item has already been received from the vendor and/or that no (further) invoice is expected.

When you set the final invoice indicator, the purchase order commitment is cleared.

However, the final invoice indicator does not prevent the posting of further invoices. Furthermore, it does not obviate GR/IR account maintenance in the event of a variance between the GR and IR quantities.

Example

  1. You have ordered 100 boxes (bx) of screws at $10.00/bx from your vendor Miller Corp.

    2. The system automatically sets the purchase order commitment to $1000.00.

  2. A goods receipt of 80 bx is recorded. You also receive an invoice for a quantity of 60 bx and a value of $600.00.

    3. The system automatically sets the purchase order commitment to $400.00.

  3. You receive another invoice. This invoice relates to a quantity of 15 bx with a value of $150.00. You now also set the final invoice indicator.

The system automatically sets the purchase order commitment to $0.00.

Note

Since the final invoice indicator has no effect on the GR/IR account, the difference of 5 bx and $50 must be cleared through GR/IR account maintenance if no further invoices are posted.

Technical Data

Available from Release

3.1I

External hierarchy

Not available

 

 

 Leaving content frame