Please provide me the the difference between Procure to
Pay(P2P),Buy to Pay(B2P)and Invoice to Pay(I2P)
Answer Posted / akram khan
p2p means procure to pay
its include the day where we are raise the required
reqvisation
there five steps in this area
1. raise the ticket regarding requirment
2. issue the po( purchase order) of the requested material
3. receive the material which we issue the PO (purchase
order)
4. receive the invoice agaist of material recieved
5. enter the invoice in AP through miro
6. pay the invoice amount according to the payment Trem.by
cash or by cheque or by transfer.
B2P (Buy to pay )Means you can see take the points from 3rd
point to end.
I2P ( INVOICE TO PAY ) Means you take the 4th point to end.
I2P
Is This Answer Correct ? | 26 Yes | 2 No |
Post New Answer View All Answers
What is cost center hierarchy? : cost center accounting
When do you use special period?
What are document types ?
In customizing company code productive means what? What it denotes?
How does sap go about costing a product having multiple bill of materials within it?
How does posting happen in mm (materials management) during special periods?
How is account type connected to document type? : fi- general ledger
What is allocation price variance? : co- cost center accounting
how to send dunning ntife by email to customer?
What is a resource in co? : co- cost center accounting
What is meant by a “baseline date” in sap ar and ap?
What is known as a depreciation run in sap? : fi- asset accounting
Will a customer get support when recompiling the linux kernel or using 3rd-party software that modifies it?
What is a year shift/displacement in fiscal year?
How are tolerances for invoice verification defined?