mayur

• Mar 8th, 2016

 

Procure to pay process start with the identifying the need of the department. The specific department who require the goods and services will raise the Purchase requisition and send it to procurement team. The procurement team will check all the details and select the best product, best quality with the best price and raise the purchase order. Once the purchase order is raised it will go to the specific approver. Once PO is approved it will be sent to the vendor then vendor sends the product.

Megha Dave

• Mar 4th, 2017

 

The Procure to pay cycle involve order entry through the payment for goods and services. The PTP cycle start with:
1. Enter PO (P4310),
2. Print PO (R43500),
3. Print Receiver (R43510)
4. Enter Receipts (P4312),
5. Voucher Match (P0411),
6. Post voucher (P0011/R09801).