Learn more about invoice plan

1. Invoice Plan
SAP – MATERIAL MANAGEMENT

2. WHAT IS INVOICE PLAN
– Invoice Plan is planned or scheduled invoice from a purchase.
– We no need doing goods receipt (GR) when we already used Invoice Plan.
Because of that, Invoice Plan suitable for non-stock material.
– System will automatically generate invoice based on date at Purchase Order
(PO).
– Invoice Plan very helpful for user, their no need to wait vendor sent the invoice
and make the invoice based on that.
– Invoice Plan very helpful for procurement like rental.

3. TYPE OF INVOICE PLAN
– Periodic Invoice Plan
Payment of total amount effected at regular intervals
Example: Car Rental (Payments Monthly).
– Partial Invoice Plan
Total amount paid in installment
Example: Total amount 1000 USD, first payment 300 USD when work started,
400 USD when work already 50 % and 300 USD when work finished.

4. HOW TO WORK WITH
INVOICE PLAN (1)
– AutoEvalGRSetmt Del. indicator must be set in vendor master record.

5. HOW TO WORK WITH
INVOICE PLAN (2)
– Create PO with Type Framework
– Invoice Receipt indicator and ERS indicator must be tick
– Tax Code must be filled
– Account assignment is a must (because non stock material)

6. HOW TO WORK WITH
INVOICE PLAN (3)
– Validity Start and Validity End affected at Invoicing Plan
– Click Invoicing Plan to fill the type of invoice plan (ex: using Periodic Invoice)

7. HOW TO WORK WITH
INVOICE PLAN (4)
– Using T-code MRIS for Invoice Automatic

8. HOW TO WORK WITH
INVOICE PLAN (5)
– Click Invoicing Plan to fill the type of invoice plan (ex: using Partial Invoice)