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    Procure To Pay Cycle

    Uploaded by

    Rajashree Das
    This document outlines the key steps in a procure to pay cycle, including requisition, request for quotation, purchase order, receipt, invoice, transfer to the general ledger, journal import, and posting. It provides an overview of the process flow and relevant tables affected at each stage.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPT, PDF, TXT or read online from Scribd

    Procure To Pay Cycle

    Uploaded by

    Rajashree Das
    86 views9 pages
    This document outlines the key steps in a procure to pay cycle, including requisition, request for quotation, purchase order, receipt, invoice, transfer to the general ledger, journal import, and posting. It provides an overview of the process flow and relevant tables affected at each stage.

    Original Title

    Procure to Pay Cycle

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    This document outlines the key steps in a procure to pay cycle, including requisition, request for quotation, purchase order, receipt, invoice, transfer to the general ledger, journal import, and posting. It provides an overview of the process flow and relevant tables affected at each stage.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPT, PDF, TXT or read online from Scribd
    Download as ppt, pdf, or txt
    86 views9 pages

    Procure To Pay Cycle

    Uploaded by

    Rajashree Das
    This document outlines the key steps in a procure to pay cycle, including requisition, request for quotation, purchase order, receipt, invoice, transfer to the general ledger, journal import, and posting. It provides an overview of the process flow and relevant tables affected at each stage.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPT, PDF, TXT or read online from Scribd
    Download as ppt, pdf, or txt
    of 9
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    The document outlines the main steps in the procure to pay cycle as requisition, RFQ, purchase order, receipt, invoice, transfer to GL, journal import and posting.

    The main steps in the procure to pay cycle are: 1) Requisition, 2) RFQ, 3) Purchase Order, 4) Receipt, 5) Invoice, 6) Transfer to GL, 7) Journal Import, 8) Posting.

    A requisition is the initial request to purchase goods or services. It is created to get approval for purchasing the requested items.

    Procure to Pay Cycle

    Click to edit Master subtitle style

    Journal Transfer to GL Invoice Import Purchase Order RFQ

    Requisition
    Requisition :

    Purchasing > Requisition > Requisition

    8 4 5 3 2 1 6 7

    Select Internal or Purchase Requisition Type . Fill Item ,quantity, price , (UOM) unit of measure, supplier details etc;

    Post Receipt

    Requisition

    Click on Approve Button .


    Tables :

    PO_REQUISITION_HEADERS_ALL

    Request for Quotation (RFQ)


    Journal Transfer to GL Invoice Import Purchase Order RFQ Requisition :

    Purchasing > Requisition > Requisition

    8 4 5 3 2 1 6 7

    Select Internal or Purchase Requisition Type . Fill Item ,quantity, price , (UOM)unit of measure, supplier details etc;

    Click on Approve Button .


    Post Receipt Requisition Tables :

    PO_HEADERS_ALL

    Purchase Order
    Receipt RFQ Requisition Requisition :

    Purchasing > Purchase Orders > Purchase Orders.

    6 8 7 5 4 1 3 2

    Select Purchase Order Type among (Standard PO , Planned PO , Blanket Purchase Agreement , Contract Purchase Agreement) . Fill Item ,quantity, price , (UOM)unit of measure, ship to, bill to etc;

    Transfer to GLImport Post Invoice Purchase Order Journal Click on Approve Button . Tables :

    Receipt
    Journal Transfer to GL Invoice Import Purchase Order RFQ Requisition :

    Receiving > Receipts.

    8 4 5 3 2 1 7 6

    Select Internal or Purchase Requisition Type . Fill Item ,quantity, price , (UOM)unit of measure, supplier details etc;

    Click on Approve Button .


    Post Receipt Requisition Tables :

    RCV_SHIPMENT_HEADERS

    Invoice
    Receipt RFQ Requisition

    Requisition :

    Payables > Invoices > Entry > Invoices

    Select Internal or Purchase Requisition Type . Fill Item ,quantity, price , (UOM)unit of measure, supplier details etc; 6 8 7 5 4 1 3 2 Click on Approve Button . Tables : Transfer to GLImport Post Invoice Purchase Order Journal
    AP_INVOICES_ALL AP_AE_HEADERS_ALL AP_AE_LINES_ALL AP_INVOICE_DISTRIBUTIONS_ALL AP_ACCOUNTING_EVENTS_ALL

    Transfer to General Ledger (GL)


    Journal Transfer to GL Invoice Import Purchase Order RFQ Requisition :

    Payables > View Requests

    Payables Transfer to General Ledger. 8 4 5 3 2 1 6 7 Tables Affected :

    Post Receipt

    Requisition GL_INTERFACE

    Journal Import
    Receipt RFQ Requisition Requisition :

    General Ledger > Journal > Import > Run

    6 8 7 5 4 1 3 2

    Tables :

    GL_JE_BATCHES GL_JE_HEADERS Transfer to GLImport Post Invoice Purchase Order Journal GL_JE_LINES

    Posting
    Journal Transfer to GL Invoice Import Purchase Order RFQ Requisition :

    General Ledger > Journals > Post

    8 4 5 3 2 1 6 7

    Tables Affected :

    GL_BALANCES Post Receipt Requisition

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