Introducing Invoice Verification
Objective
After completing this lesson, you will be able to understand the idea of invoice verification
Invoice Verification Environment
Account Movements and Price Control
In the case of stock material procurement, the price control of a material is relevant for G/L account postings.
The price control defines the procedure for material valuation. The two types of price control are standard price (S price) and moving average price (MA price). You specify the price control used for the material in the material master record in the Accounting data. To do this, enter the indicator S to valuate materials according to the standard price procedure, or the indicator V to valuate materials according to the moving average price (MAP) procedure in the Price Control field.