what is meant by procurement cycle?
- 10 Answers
- 30449 Views
- IBM, Yash Technologies, I also Faced
- E-Mail Answers
Answer Posted / erasto c
Determining the requirements of material either manually or
through Material Requirement Planning Checking the
availabilty of stocks. If product is new, creation of
Master data for the use of all components as mentioned
above If stcok is not available, recognisation of source of
supply If source is not avaiable, creation of source of
supply (vendor) into the system. Negotiation of terms &
conditions with source of supply Placing the Purchase Order
Follow up with vendor for delivery of goods Receiving the
Goods in the warehouse Issuing the goods to Indenting
Department Paying the Vendor for the delivery
| Is This Answer Correct ? | 0 Yes | 2 No |
Post New Answer View All Answers
Explain the entire process of invoice verification from gr to invoice verification in sap with accounting entries?
hi, waht is line item settlement,investment measure,manage historically helps in OAOA?
What is a statistical key figure (skf)? : co- cost center accounting
How do you maintain the number range in production environment? Do you directly create it in the production box or do you do it by means of transport?
What is the basic purpose of creating a profit center?
Hai friends how to get sap fico consultant which type of questions are asking in interview means configuration steps or project means problem solving questions or steps and subject and present companies are take the telephone interview or face to face interview? how many rounds are having in interview based on 3 ,4 Exp and main iam M Com graduate(2009) how many years of exp putup in my resume why because somebody says u must putup exp how many years are right Pls give me reply
What are the sub modules in sap financial accounting (fi) ?
Is it possible to maintain plant wise different gl codes?
What do you mean by balances in local currency only? : fi- general ledger accounting
Is it possible to print the financial statement version on a sapscript form?
What is a call-up point? : co- cost center accounting
Where is the configuration setting to be done for carrying out revaluation of planned activity prices in various cost objects?
What is the importance of gr/ir ( good received/ invoice received) clearing account?
What is the co reconciliation ledger and when would you typically use it?
What is a line item? : fi- general ledger accounting
