“Yes” two transactions are provided in menu path: Logistics > Materials Management > Logistics Invoice Verification > Automatic Settlement
- Revaluation (MRNB) is standard with ERP
- Revaluation with Collective Settlement (ISAuto_MRNB) is added when IS-Auto is activated. For details on activation see blog post “Can IS-Auto be turned on after launch?”. The principle difference from MRNB is that more selection criteria are available, and each can have multiple values.
What is retro-billing? In the automotive industry the final purchase price is frequently not negotiated until after the material (new or revision) has been received and invoiced. Later, when the price has been negotiated, Retro-billing creates a debit / credit memo for the difference due the supplier.
Limitation: Supplier consignment materials where the PIR (Purch Info Record) manages the price, can not be retro-billed with Revaluation. There is an Automotive Consulting Solution that may resolve this limitation.