ERS (Evaluated Receipt Settlement)
Accounting with SAP R/3
Procedure for automatic settlement of goods receipts
Evaluated receipt settlement involves an agreement between the vendor and the buying company that the former does not issue invoices for purchasing transactions. Instead, the invoice document is posted automatically in the buying company's system based on data from the PO and goods receipts. Using this procedure precludes invoice variances (for example, the charging of too high a price by the vendor).
[vgl. www.sapinfo.net (4.1.2002), URL]