PROCURE TO PAY PROCESS (start to end)

 

                PROCURE TO PAY PROCESS

·       First create a item and add stock to it

·       Now go to Purchasing Responsibility

·       Create a Purchase Order

·       It’s a negotiable process so if we know supplier details we can directly create a PO

·       Select the PO type, give our Supplier

·       In line level give item, quantity  and need by date then Approve

·       If we enable forward , we can see for whom it’s going for approval

·       Login to the user and approve the PO

 

·       Login back to the main user and go to PO Responsibility

·       Then open PO  Summary screen

·       We can see the status as Approved

·       Now do the Receiving for this Standard Purchase Order

·       Select the line , give sub-inv and save

·       Let’s check whether the RTP is completed or not

      

 

·       Let’s check whether the Receiving is completed or not

·       Go to Receiving Transaction Summary Screen

·       Now let’s check the accounting entries

·       Accounting entries during Receiving

 

·       Accounting entries during Invoice

·       Accounting entries during Payment