Does anyone know the main difference between the old Invoice Verification functioanlity and the new Logistics Invoice Verification functionality in MM?

An LIV posting results in two documents, one for MM and one for Accounting. Conventional IV posting only results in one accounting document.

We implemented LIV just a couple of years ago and find it much faster than Conventional because of the background job processing.   It is true that you could manually enter each invoice in LIV and it wouldn't seem that much different. But with batch processing, we enter 4 fields of information in the MIRA screen and run the RMBABG00 program every 1/2 hour to process all the items.  If everything matches, it sets up the accounting document with less entry. It also allows the invoice to be entered prior to receipt. Then when the item is finally received and it matches it will be paid.

Be aware you now have to have to add a task of someone monitoring all the invoices that don't match but we feel in the long run we have still saved half of the entry time from entering each invoice online individually in conventional.

Logistics Invoice Verification was developed to take into account requirements (distributing MM and FI, managing mass data) that were technically not possible in the conventional Invoice Verification component.

Certain functions that were possible in conventional Invoice Verification have deliberately been omitted in Logistics Invoice Verification. It is not possible, for example, to post invoices directly to a material or a G/L account without any other reference.

Other functions, on the other hand, have not yet been implemented. Consignment withdrawals, for example, are settled in conventional Invoice Verification.

The following functions in conventional Invoice Verification are not possible in Logistics Invoice Verification:

- Verification of invoices with no reference in the system to a purchase order or a goods receipt
- Posting directly to a G/L account, asset or material
- Changing the account assignment in the purchase order
- Simulation of documents

Some new functions are only possible in Logistics Invoice Verification, including:
- Unlimited multiple selection
- Manual invoice reduction
- Automatic invoice reduction
- Invoice verification in the background
- Verification of invoices with instalment conditions
- Posting across company codes

You can use the conventional Invoice Verification component and Logistics Invoice Verification along side each other. You could, for example, post all invoices with a system reference in Logistics Invoice Verification and those without in conventional Invoice Verification.

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