Approving purchase invoicesTo approve purchase invoices If the unassigned amount of an invoice is zero or within the tolerances, the invoice is fully matched and you can approve the invoice. To approve the invoice, select the invoice and on the appropriate menu, click Approve in one of these sessions:
When the invoice is approved successfully, the invoice receives the status Approved and LN creates several entries in the General Ledger. If the invoice is blocked, LN asks whether the hold reason can be removed. To approve invoices for payment In addition to approving the invoices for processing, you can separately approve purchase invoices and costs invoices for payment. In the ACP Parameters (tfacp0100m000) session, you can select the types of invoices for which payment approval is required. If payment approval is required, an authorized user must approve the purchase invoice in the Authorize Purchase Invoices (tfacp1142m000) session. Only invoices that are approved for payment can be selected in the Select Invoices for Payment (tfcmg1220m000) session of the Cash Management module. For more information, refer to Payment authorization in Accounts Payable. To approve price differences and additional
costs When you try to approve an invoice, LN checks if there is any difference between the order amount and the invoice amount. Before you can complete the approval, you must process the differences:
For more information, refer to Authorization of price differences and additional costs. To update the item's purchase price After approval, the latest purchase price and the average purchase price for the matched receipt lines or the matched order lines are updated in for the ordered item in the Items - Purchase (tdipu0101m000) session. To prevent the item's purchase price from being updated:
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