Explain the basic procurement cycle.

Answer Posted / dinesha r

1.Material
2.vendor
3.source availability
4.Agreement
5.Requistion
6.Purchase order
7.Receipt
8.Invoice verification
9.due days of payment
10.payment terms

Is This Answer Correct ?    3 Yes 3 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

what are the data contained in the information record?

678


What settings required to create purchase order automatically from a pr?

677


What are the different fields in vendor master data?

661


what are the accounts created in sap mm?

748


Define “company.” How is it different from a client? What are the data in the mm module that are maintained at the company code level?

630






Any good instructor in Noida for SAP MM ? There are lots of fake institute in Noida like Aptorn, Rector IT, Skyinfotech, etc. I have already been cheated by Aptron. Now searching any instructor who actually help to make my carrier in SAP MM Domain. If someone has any idea, pls inform me at 9811960753.

1114


How do planned and unplanned consumption affect movement types?

869


Explain the types of third party stocks in sap mm

614


What is Material Document & Accounting Document in SAP MM.......

1041


What is the difference between a blanket purchase order and the framework order?

764


Upto what extent we can increase the length of materials master short text.

728


What about standard edition (initiate) users?

553


What are the special stocks in sap?

615


When, in initial configuration, why would you have to setup stock transport order?

690


How much effort is it going to take to implement?

612