Please provide me the the difference between Procure to
Pay(P2P),Buy to Pay(B2P)and Invoice to Pay(I2P)
Answers were Sorted based on User's Feedback
Answer / akram khan
p2p means procure to pay
its include the day where we are raise the required
reqvisation
there five steps in this area
1. raise the ticket regarding requirment
2. issue the po( purchase order) of the requested material
3. receive the material which we issue the PO (purchase
order)
4. receive the invoice agaist of material recieved
5. enter the invoice in AP through miro
6. pay the invoice amount according to the payment Trem.by
cash or by cheque or by transfer.
B2P (Buy to pay )Means you can see take the points from 3rd
point to end.
I2P ( INVOICE TO PAY ) Means you take the 4th point to end.
I2P
Is This Answer Correct ? | 26 Yes | 2 No |
Answer / nisha
From the requirement of material to the payment procedure is P2P. After issue the po from material received to payment procedure is B2P. What received invoice against received material to payment procedure via cash, cheque or transfer called I2P
Is This Answer Correct ? | 1 Yes | 0 No |
hi all can u explin the flow of fi to co
Folks, Can somebody enlighten on doing inter company eliminations without using consolidation module(EC-CS).Can we capture the G/L line items directly (FBL3n)and do some ABAP to get the desired results
What are financial versions?
SAP finance department Accounts
Explain the most common g/l reports in fi?
When do you use special period?
How to make control on vendor master data (bank account ) . We can validate the changes with transactions FK08 & FK09 in functional menu , but I need the path on Spro guide to customize the changes (bank accounts )
Can we run payment programe giving ( hdfc vendor detailes ) city bank in payment run programe?
explain true reversal, how is it different from regular reversal? : fi- general ledger accounting
What is internal and external number ranges? Discuss how they differ in their use?
Hi Gurus, Iam getting an error in MT940 uploading ff.5. after processing it is showing account was not updated in the status bar and when i clicked on information it is showing me INR: statement 200900000 is not in the bank data. when i clicked on the help it is showing Diagonis : the previous account statement is not imported. Kindly help me . it is very urgent. As this is my final round of scenario round If possible send me the steps for MT940 to ra.rupa@gmail.com Thanks in Advance
Explain posting of costs to cost centers? : co- cost center accounting