what is the t. code accounting entry for p2p

Question Posted / pralay banerjee

3 Answers
18708 Views
ITC Infotech, I also Faced
E-Mail Answers

Answers were Sorted based on User's Feedback

what is the t. code accounting entry for p2p..

Answer / amit sharma

P2P means procure to pay.There is no standard it all
depends from organiation to organisation and business to
business.Generally stated the following would be the teps --
>

1. Purchase Requisition Creation (ME51n)
2. Approval of PR (ME54n)
3. PO creation and approval (ME21n and ME28/Me29n)
4. Goods Receipt (MIGO)
5. Invoice booking (MIRO)
6. Payment to Vendor (F-53)

The above the most common.In adition you can have Forecast
aswell.

Is This Answer Correct ?

23 Yes

0 No

what is the t. code accounting entry for p2p..

Answer / sowmya c

P2P is Procure to Pay and below are the T-codes we use in day today transactions.

1. Purchase Requisition Creation (ME51n)
2. Approval of PR (ME54n)
3. PO creation and approval (ME21n and ME28/Me29n)
4. Goods Receipt (MIGO)
5. Invoice booking (MIRO)
6. Payment to Vendor (F-53)
7. Display Material Document (MB03) - By using GRN number we can get PO details
8. Display Purchase Requisition (ME53N)- We get PR/PO details by using PR number.
ZFIR_PROVISION_REPORT (ZGL57) - We get PR/PO details by using PO number.
9. ZFIR_PROVISION_REPORT (ZGL57) - For Monthly Provisining

Is This Answer Correct ?

5 Yes

0 No

what is the t. code accounting entry for p2p..

Answer / mallikarjuna

P2P means Procure to Pay in general we call it as FI MM
integration.
Mainly FI/MM integration will happen in OBYC T code.

FI/MM integration is nothing but from Purchase requisition
to vendor payment.

ME21N: P O Creation
MIGO: Goods received against PO
MIRO: Invoice received aganinst the PO
F-53/F110: vendor Payment

Is This Answer Correct ?

1 Yes

2 No

Post New Answer

More SAP FI-CO (Financial Accounting & Controlling) Interview Questions

what will be the entry in books of accounts where purchases are made but bill not yet booked.

3 Answers

Hi all, we are exporting data from SAP to excel file depending on company code , fiscal year , date range from tables bkpf and bseg for gl balance, bsid and bsad for customer , bsik and bsak for vendor it works fine. But i want to exclude the clearing doc entries from selection.As i added condition to exclude data with document type not 'AB' it won't work. Please suggest the way to exclude clearing doc. entries from SAP.

2 Answers

what is product cost by collector?please send to me .thanks

1 Answers

Differentiate between the parking and the holding of documents? : fi- general ledger

0 Answers

What is budgeting? : co- cost center accounting

0 Answers

what is transport request?

14 Answers Infosys,

what is meant by functional specs / can u explain with one example ?

2 Answers

How is master data different from transaction data?