Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...


what is p2p and waht is the p2p cycle



what is p2p and waht is the p2p cycle..

Answer / balamurugan k

The procure-to-pay systems enable the integration of purchasing department with account payables department is known as P2P.

The following steps involved in P2P cycle:

-Create Requisition
-Create Purchase Order
-Create Receipt
-Create Invoice in Payables
-Making a Payment
-Transfer to General Ledger

Is This Answer Correct ?    7 Yes 0 No

Post New Answer

More Accounting General Interview Questions

What is the unique thing about employees that employers expect to see at an interview.?

1 Answers  


why i want to join Hawkins company

0 Answers   Hawkins, HDFC,


What is a 3 Column cash book?

15 Answers  


what is the difference between expenses(indirect) and indirect expenses?

4 Answers  


What is the prior period item ? and please give some examples with entries and that account head come under which ledger(creation of ledger)

3 Answers  


Explain deduction from house property income U/s (24)?

1 Answers  


Tell me,as per companies which section P&L Account and balance sheet will be prepared

2 Answers  


What is finalization

3 Answers  


Why we show always closing stock in credit?

8 Answers   FactSet Systems,


What is journalizing? What are the columns of a journal?

0 Answers  


What are the different accounting entries generated in PP cycle.

4 Answers   Pharma, TCS,


How to maintain the reserve a/c inspite of the withdrawls in a propreitorship and ways to reduce the gap of excess current assets to the less current liabilities.

0 Answers  


Categories