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Wednesday, January 9, 2013

Procure to pay (P2P) Data Flow Cycle




Transaction:
1st step: create purchase Requisition
Path:- see below screen (left)




Provide the item and quantity and need by date then save (Requisition number will generate)

Then click on Approve tab and following screen will appear




Then convert this requisition to PO through auto create. See the below screen




Remove the buyer name and provide requisition number and click on find tab




Tick on requisition and click on automatic tab and below screen will appear.





Provide the supplier name





Then click on create tab .It will automatically create a PO on behalf of that Requisition.

Step 2 : Creation of PO



Above screen is the PO. Click on shipment tab and below screen will appear



Here provide match approval Level as

2way = PO Quantity vs. Invoice Quantity
 3way = Po Quantity vs. Receipt Quantity vs. Invoice Quantity
4way = PO Quantity vs. Receipt Quantity vs. Invoice Quantity vs. Inspection Quantity
 
Then click on Receiving controls tab



Provide Receipt routing as direct delivery, Inspection required and Standard receipt which one required for the client.




Then click on Distribution and provide the PO charge account if it is not picking from Item else organization set up.



Click on Term tab on Po screen and provide Pay on = Receipt for transacting ERS invoice creation.




Now the PO has created completely.




Then click on approve tab




Click on OK .Here if the PO approval is required for more than one person then click on forward the approval path to concern person otherwise else.





Now you see the status on PO is showing Approve which was Status as Incomplete.

Step 3 : Creation of Receipt

Path:- See the below screen




Provide the PO number and click on find tab




Here provide details of shipment if client required to capture the info.



Tick on Receipt and Save. Click on Header tab You can see the receipt number generated.




Step 4: Receiving Transaction summary





Provide the Po else Receipt number and click on find ,the above screen will appear.See the routing is showing Inspection required.

Step 5: Receiving Transaction




Provide the PO Number and click on find tab.




Tick the receipt to inspect and Click on inspect



Then run the request to make the Receipt in to Auto invoice.




Provide the receipt number and submit request. Go to request and view the invoice number generated.
Take that Invoice number and go to payable invoice screen





Click on find button and provide ERS%invoice number% and find





Then validate the same invoice by clicking on Action tab.





Then Create Accounting the same invoice by clicking on Action tab.

Draft = It will impact to only sub ledger tables neither GL table. Any time we want we can delete this entry and we can change and post to GL.
Final = It will impact to GL table but without post.
Final Post = It will impact to GL table and post.





Step 6 : Make Payment

Then pay in full the same invoice by clicking on Action tab.




Below screen will appear.



Provide the payment method and payment process profile and save.



Then Create Accounting the same Payment by clicking on Action tab.




See the below screen for sub ledger level entry




Once we will run create accounting these request will run to impact the GL balances.




Then Go to GL responsibility => Journal




Once it will come to GL balance then It will reflect in Trial balance.






1 comment:

Anonymous said...

can u please share the India localization setups in detail with screen shots

Regards
Baji