- Evaluated receipt settlement (ERS) - ERS is a process of paying for goods and services from a packing slip rather than from a separate invoice document. The payee uses data in the packing slip to apply the payments. "In an ERS transaction, the supplier ships goods based upon an Advance Shipping Notice (ASN), and the purchaser, upon receipt, confirms the existence of a corresponding purchase order or contract, verifies the identity and quantity of the goods, and then pays the supplier."[12]
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An automotive tier-two supplier customer of Dynamics want to know how Dynamics handles ERS? Are you aware of any ISV's or IGD IP that has been created to support this requested functionality?
From Wikipedia:
Description from the SAP Library:
You can settle goods receipts directly without receiving an invoice from the vendor. The system can generate the corresponding invoices and post them. A vendor invoice is no longer required. You can automatically send the settlement documents created to the vendors.
Evaluated Receipt Settlement (ERS) is particularly suitable for creating settlement documents at regular intervals.
ERS has the following advantages:
- Purchasing transactions are closed more quickly.
- Communication errors are avoided.
- There are no price and quantity variances in Invoice Verification.
STATUS DETAILS
Inactive
Comments
My company also uses Evaluated Receipt Settlement in our JDE environment, it is not an SAP specific term.
This is something that should be considered on the Microsoft Roadmap, as many companies use this process.
Category: Accounts Payable
My company also uses Evaluated Receipt Settlement in our JDE environment, it is not an SAP specific term.
This is something that should be considered on the Microsoft Roadmap, as many companies use this process.
Category: Accounts Payable
ERS is the SAP term for Self-billing.
You can do self-billing manually by creating the vendor invoice yourself and posting it with a manually generated number and a change to the vendor invoice printout to display the required text (self-billing... whatever the tax authority requires).
To automate this process, some checkboxes should be added to allow for an easy selection of PO lines eligible for self billing, as well as the ability to generate invoice numbers from a number sequence. At least, that is what we have done :)
Category: Accounts Payable
Annette Bruer (administrator) on 4/28/2023 3:07:11 PM
Thank you for your feedback. Currently this is not in our roadmap; however, we are tracking it and if we get more feedback and votes, we may consider it in the future.