This course will give you the better understanding of Evaluated Receipt Settlement Process in SAP.

Evaluated Receipt settlement (ERS) in SAP R/3

ERS allows settlement of a goods receipt without receiving the Actual Invoice from the vendor

Using Evaluated Receipt Settlement (ERS) means that you have an agreement with your suppliers that they do not create invoices for purchasing transactions, but you post them yourself based on the information contained in purchase orders and service entries. Thus, ERS has the following advantages:

Purchasing transactions are closed more quickly.

Communication errors are avoided.

No price and quantity variances in invoice verification.

This course is structured in two parts:-

1. Process steps of Material Settlement in ERS

2. Process Steps of Material and Planned Delivery Cost Settlement in ERS.