Invoice Verification in SAP MM: Best Practices for MIRO Baseline Date

 Invoice Verification | MIRO Baseline Date | SAP MM

Purchase Order (PO) was created with payment term 0005, offering a 2% cash discount for payments made within 10 days of the invoice's due date, and a 1% discount for payments made within 30 days.

Here, we can see the cash discount is visible in the condition tab under condition type SKT0. It's important to note that this discount is not reflected in goods receipt (GR) or invoice verification (LIV) postings instead it's applied during the Accounts Payable (AP) payment run when the supplier is paid within 10 days of the invoice due date.

Note Invoice date 14.07.2024

In the payment tab, the invoice date is used as the baseline date.

If the invoice is paid before 02.09.2024, we are entitled to receive a cash discount.