3. P2P cycle Oracle AP
Procurement
2. PO
6. Enter Invoice
9. PAYMENT
3. Receiving Area
4. Inspection
5. Inventory Valuation
1. PR
4. Purchase Req
Purchase Order
Goods Receipt
Enter Invoice
Payment
Any employee Purchasing module
Purchasing Officer Purchasing module
Receiving Area Storekeeper Inv. module
Inspection Storekeeper Inv. module
Inventory Valuation Storekeeper Inv. module
AP accountant AP
AP accountant AP
Reconcile CM accountant CM
P2P cycle Oracle AP
Procure to pay cycle
5. P2P Journals
PR
PO
Receiving Area
Inspection
Enter Invoice
No journals
No journals
Dr. Receiving Area
Cr. AP Accrual
Dr. Inventory Valuation
Cr. Inspection
Reconcile
Payment
Inventory
Valuation
Dr. Inspection
Cr. Receiving Area
Dr. AP Accrual
Cr. AP Supplier XXX (Liability)
Dr. AP Supplier XXX (Liability)
Cr. Cash clearing
Dr. Cash clearing
Cr. Cash in bank
P2P cycle Oracle AP
Personalized Settings
Screen can be personalized by creating a folder and assigning your most commonly used transactions. With this, SAP makes your job faster and easier.
Dunning - The process of notifying vendors to ensure the resubmission of vendor declarations that are about to reach their expiration dates.
Dunning procedures - A pre-defined procedure specifying how customers or vendors are dunned.
For each procedure, the user defines
Number of dunning levels
Dunning frequency
Amount limits
Texts for the dunning notices