This course will give you the better understanding of Evaluated Receipt Settlement Process in SAP.
Evaluated Receipt settlement (ERS) in SAP R/3
ERS allows settlement of a goods receipt without receiving the Actual Invoice from the vendor
Using Evaluated Receipt Settlement (ERS) means that you have an agreement with your suppliers that they do not create invoices for purchasing transactions, but you post them yourself based on the information contained in purchase orders and service entries. Thus, ERS has the following advantages:
Purchasing transactions are closed more quickly.
Communication errors are avoided.
No price and quantity variances in invoice verification.
This course is structured in two parts:-
1. Process steps of Material Settlement in ERS
2. Process Steps of Material and Planned Delivery Cost Settlement in ERS.
Over 10 years of experience on SAP MM, IM and WM functional consultant in various SAP R/3 implementations, industries- Process, Manufacturing, Energy and chemical.
Excellent understanding of business processes in Logistics – Material management & Inventory management.
Experienced in 6 full life-cycle implementation phases of a project (ASAP Methodology) - blueprinting, realization, testing ( Unit testing, User acceptance testing, Assembly testing and integration testing ), final preparation, training, documentation, data uploading, go live and post go live (production) support.
Interacted with business partners to understand the AS-IS process and work on developing TO-BEprocess.
Designed, tested and supported for the development of functional specifications for RICEFW objects..
Conducted Business blue printings - Requirement definitions, system/process mapping & solution design.
Worked on different kinds of projects such as New End-to-end implementation projects, Development projects, up gradation projects, Enhancement projects.
Configured MM Organizational Elements: Company code, Purchasing Organization, Plant & Storage loc.
MM-Purchasing/Procurement: Hands on experience in configuring Material Master, Vendor Master, Partner schema, Purchase requisition, Purchases order, Venison management, shelf like check and pricing schemas.
Expertise in designing scenarios like outline agreements, RFQ, source list, info records, quota arrangement, Scheduling agreement, Reservation, Vendor consignment, subcontracting and vendor evaluation.
Inventory Management: Customizing done in Goods Movements, Cross Company and Intra-company Stock Transport orders using Stock Transport order (STO), Subcontracting, Customer and Vendor Consignment & Third Party Orders, Physical Inventory, Cycle Counting.
Configuration of Inventory Management Movement Types, Number ranges for material document of Goods Receipt, Goods Issue, shelf life check for movement types and Stock Transfers- inter and intra company.