Unit 1 - Invoice Entry - Basics

Question 1

What is Logistics Invoice verification for?

Which documents are created?

Answer 1

You use it to enter invoices and credit memos and check them for arithmetical correctness, and to make sure that you have been charged the right price for the right material or service.
Invoice document and an accounting document are generated.
The system updates the saved data from the invoice documents in materials management (PO history, for instance) and in financial accounting.

Question 2

Which information from the vendor invoice can be used?

Answer 2

Enter all the relevant data from the vendor’s (=creditor’s) invoice, such as gross amount, amount/ item, bank details, value-added tax, invoice date, reference (vendor’s invoice number) and terms of payment.

Question 3

To which document can the invoice refer? (6)

Answer 3

• PO/ SA
• Delivery Note
• Bill of Lading
• Service entry sheet
• vendor
• Transportation Service agent

You can also assign the invoice items to these documents provided that these numbers were entered at the time of goods receipt.
You can also reference several documents. To do so, choose The quick-info text More Assignment Criteria.

Question 4

What are the different transactions available in MIRO?

Answer 4

Invoice
Credit memo
Subsequent debit
Subsequent credit

Question 5

What the information contained in the header data in MIRO ?

Answer 5

Tabs:

• Basic data: invoice date, reference (vendor invoice #), Amount, tax amount
• Payment: baseline date, payment terms, payment block
• Details: unplanned delivery costs, currency, exchange rate,
• Tax: tax code, …
• Contacts
• Notes

Question 6

Are the vendor (creditor) data always displayed in MIRO?

Answer 6

No. Vendor data is displayed only if you have entered an invoicing
party or referenced (created a link to) a purchase order.

Question 7

What is the difference between the “OK indicator” in MIGO and MIRO?

Answer 7

The Booking OK indicator in the invoice (
MIRO) must not be confused with the OK Indicator of the goods movement (MIGO). With the Booking OK indicator, you can select already checked and processed items.
This indicator has no effect on whether or not the item is taken into account when the invoice is posted.