Invoice Verification: Variance Handling, Blocking Reasons, and Reductions

In this live session, we will explore practical exception handling in Materials Management Invoice Verification. The session will focus on how and when to handle variances, apply additional blocking reasons, execute invoice reductions, process non-item variances, and release blocked invoices to keep payments timely and auditable.

After participating in this live session, you will be able to:

• Enter invoices with price/quantity variances
• Explain further blocking reasons
• Describe Invoice reductions vs. credit notes
• Understand Variances without item reference
• Release blocked invoices (workflow/approvals)