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Invoice Verification

Skills Gained In this course, participants become familiar with logistics invoice verification as the final stage in the external procurement process. Participants learn how to enter invoices...

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$2,601 USD
Duration 3 days
Course Code SCM515-v015
Available Formats Virtual, Classroom

Overview

Skills Gained

  • In this course, participants become familiar with logistics invoice verification as the final stage in the external procurement process. Participants learn how to enter invoices relating to purchase orders, block them, and release them for payment

Who Can Benefit

  • Project team Members
  • Consultants

Prerequisites

  • Essential:
       -SCM500 Processes in Procurement
  • Recommended:
       -None

Course Details

Course Content

  • Introduction to invoice verification
  • Invoice entry and parking
  • Taxes, cash discounts, and foreign currency
  • Invoices for purchase orders with account assignment
  • Variances with and without reference to an item, invoice blocking reasons
  • Invoice reduction, releasing blocked invoices
  • Delivery costs
  • Subsequent debits and credits
  • Credit memos and cancellations
  • Invoice verification in the background
  • Automated processing
  • GR/IR clearing account maintenance
  • Customizing for invoice verification

Notes

  • This course is also available in a self-paced e-learning format, complete with system demos and simulations under course code SC515E

Course based on software release

  • SAP ERP Central Component (ECC) 6.0, EHP 7

Schedule

FAQ

Does the course schedule include a Lunchbreak?

Classes typically include a 1-hour lunch break around midday. However, the exact break times and duration can vary depending on the specific class. Your instructor will provide detailed information at the start of the course.

What languages are used to deliver training?

Most courses are conducted in English, unless otherwise specified. Some courses will have the word "FRENCH" marked in red beside the scheduled date(s) indicating the language of instruction.

What does GTR stand for?

GTR stands for Guaranteed to Run; if you see a course with this status, it means this event is confirmed to run. View our GTR page to see our full list of Guaranteed to Run courses.

Does Ascendient Learning deliver group training?

Yes, we provide training for groups, individuals and private on sites. View our group training page for more information.

What does vendor-authorized training mean?

As a vendor-authorized training partner, we offer a curriculum that our partners have vetted. We use the same course materials and facilitate the same labs as our vendor-delivered training. These courses are considered the gold standard and, as such, are priced accordingly.

Is the training too basic, or will you go deep into technology?

It depends on your requirements, your role in your company, and your depth of knowledge. The good news about many of our learning paths, you can start from the fundamentals to highly specialized training.

How up-to-date are your courses and support materials?

We continuously work with our vendors to evaluate and refresh course material to reflect the latest training courses and best practices.

Are your instructors seasoned trainers who have deep knowledge of the training topic?

Ascendient Learning instructors have an average of 27 years of practical IT experience and have also served as consultants for an average of 15 years. To stay current, instructors spend at least 25 percent of their time learning new, emerging technologies and courses.

Do you provide hands-on training and exercises in an actual lab environment?

Lab access is dependent on the vendor and the type of training you sign up for. However, many of our top vendors will provide lab access to students to test and practice. The course description will specify lab access.

Will you customize the training for our company’s specific needs and goals?

We will work with you to identify training needs and areas of growth.  We offer a variety of training methods, such as private group training, on-site of your choice, and virtually. We provide courses and certifications that are aligned with your business goals.

How do I get started with certification?

Getting started on a certification pathway depends on your goals and the vendor you choose to get certified in. Many vendors offer entry-level IT certification to advanced IT certification that can boost your career. To get access to certification vouchers and discounts, please contact info@ascendientlearning.com.

Will I get access to content after I complete a course?

You will get access to the PDF of course books and guides, but access to the recording and slides will depend on the vendor and type of training you receive.

How do I request a W9 for Ascendient Learning?

View our filing status and how to request a W9.

Reviews

Sean is the very good instructor. I would like to take his class again in the future.

Brandon was a great instructor. The virtual course materials and labs provided were very informative.

Great and very intuitive. Better than the traditional hit the wrong button/lose points.

The instructor was thorough and they also provided hands-on demonstrations with labs.

Very good couse and again we would like to see more videos on removing FRUs