Evaluated Receipts Settlement (ERS)

Evaluated receipts settlement (ERS) is an automated method of creating invoices and paying a vendor based on the receiver. Once you have established an agreement with a vendor to process invoices using ERS, specific set up is required in the Lawson Accounts Payable and Purchase Order application.

ERS is a process for authorizing payment for a product which compares expected receipts with actual receipts and pays in actual receipts with no invoice. This process is largely used where prices have already been agreed to in a contract or blanket order.