Automated Invoice Settlement (2LH)

By using this process, the customer agrees with the supplier that the supplier does not submit an invoice for a purchase order or transaction. The goods receipt is settled directly, by automatically posting the invoice document on the basis of the purchase order and goods receipt. Hence a lean and robust procurement process is ensured. This process is suitable for creating settlement documents at regular intervals.

Key Process Steps Covered

Manage purchase order
Manage goods receipt
Perform automated invoice settlement

Benefits

Close purchasing transactions quickly
Avoid communication errors
Eliminate price and quantity variances in invoice verification
Streamlined procurement processes in an efficient and cost-effective manner
Ensure highly automated processes
Reduce manual effort greatly
View analytical list page: Monitor purchase order items

Where is Automated Invoice Settlement(2LH) being used?

This Scope item is used in the following way:

As a support function of Financial Operations within Finance Scope Item Group
As a core function of Operational Procurement within Sourcing and Procurement Scope Item Group
As a management function of Invoice Management within Sourcing and Procurement Scope Item Group
As a core function of Inventory within Supply Chain Scope Item Group

Process flow of Automated Invoice Settlement (2LH)

Find below the process flow of the scope item Automated Invoice Settlement as it is defined for release s4hc-2111.

Download Process Flow of Best Practice scenario Automated Invoice Settlement (2LH) - S/4HANA Cloud

Ref: Supply Chain of SAP S4HC-2111

Best Practices related to S/4HANA

Best Practices of SAP S/4HANA On Premise *1
Best Practices of SAP S/4HANA Cloud *2
Best Practices of SAP Analytics Cloud *2
Best Practices of Robotics Process Automation(RPA) with SAP Leonardo *2

*1) Yearly Updates are released per September of each year
*2) The Quarterly updates are released per Februari, May, August and November
Details of future releases can be found in the SAP Roadmap section of each product. Go to SAP Roadmap Product Finder.

Knowledge Center Scheer Nederland | The Process Experts Visit also the SAP Cloud ERP knowledge center of Scheer Netherlands. The following topics are covered:

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