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How you define procure to pay?

Answer Posted / basabi

Procure to pay cycle

This process consists of following steps.

Steps:

&#61558; Employee Information set up
&#61558; Set up employee as a Buyer
&#61558; Creation of PO requisition
&#61558; Approval of PO Requisition
&#61558; Creation of Purchase Order using Requisition
&#61558; Approval of Purchase Order
&#61558; Creation of Receipt
&#61558; Creation of Invoices
&#61558; Payment of Invoice

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