SAP P2P Process

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SAP P2P Process
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SAP P2P PROCESS (PROCURE TO PAY Full Form Of SAP | What Is

SAP
PROCESS)
sap purchase info record
SAP P2P Process (procure to pay process) is essential for sap mm tcodes
purchasing activities in a company. We will observe in viewpoint
of SAP MM. It is essential and useful to buying of material or
HOW TO BECOME SAP
service and it is essential for the smooth functioning of a CONSULTANT
department.
It can be also termed in different ways like: HOW TO BECO…

BECO…
Procurement Cycle
Source to Pay
Procure to Pay
00:00 06:08
CATEGORIES
PURCHASE REQUISITION(PR)
P2P Process In SAP
Purchase requisition is internal document i.e. within company.
Physical Inventory Process In
No external stakeholder or third party is involved in this. It is SAP MM
demand for a certain kind of material for a specified quantity to
SAP MM Organizational
fulfill the requirements within time. Structure
We can raise PR for the following procurement types: SAP MM Purchasing Info
Record
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Standard SAP Outline Agreement

Subcontracting SAP Reservation
Consignment sap tcodes
Stock Transfer Special Procurement Process
External Service
What Is SAP
REQUEST FOR QUOTATION(RFQ)

Once we gather all the requirements, purchasing department How To Select …
will send request to all the prospective vendors for the said
material who can fulfill the requirement at best possible price.
This is called as RFQ. Vendor sends a reply against RFQ which
is called as Quotation.
00:00 11:34
RFQ can be created by two different ways:
Manually
With reference to PR
0
SAP P2P PROCESS
QUOTATION
Vendor in response to RFQ which is send by company
purchasing department sends information regarding Price and
other related factors. This is called as Quotation. We have to
maintain Quotation in our system by following the transaction
code ME47.
When we received multiple quotations from vendors we have to

compare all these by following transaction code ME49 for the
best available quotation.
PURCHASE ORDER
This is important stage of P2P Process.A Purchase Order is
formal and legal document asking vendor to supply certain
quantity of material at specified price to respective plant within
time limit. Purchase Order can be raised not only for
procurement of material but also for services. Purchase Orders
can be raised with or without reference of Purchase Requisition.
When PO is raised for procurement of stock material ( T

Code: ME21N), one must have to specify the material number(
which is created in Material Master).
PO can also be raised for the procurement of direct consumable

material. For example, if anyone procures material for a specific
project or work that material is treated as consumed on receipt,
hence inventory not gets updated in such cases. We have to
mention account assignment in PO for proper effect to cost
object.
PURCHASE ORDER TYPES

SAP provides many Purchase Order types. User gets different
screens for each type of PO.
FRAMEWORK ORDER
If anyone wants to buy product which has very small value,

Blanket Purchase Order has to be raised for the specific
maximum value and validity period, with document type FO and

item category Limit.
STOCK TRANSPORT ORDER(STO)
Sometimes company dispatches material from one plant to

another Plant. It is called as STO. This can be done by using
document type as UB for created a purchase order called Stock
transport order.
GOODS RECEIPT NOTE

It is a confirmation that vendor has dispatched material which
were mentioned in PO at the specific Plant. ( Refer Enterprise
Structure). User has to follow MIGO t code for GRN.
There is certain procedure or steps involved in GR:
Company sends PO to Vendor

Vendor dispatches material at plant mentioned in PO, may
be full or partial quantity
Goods Receipt at plant
At time of GRN system generates document as a proof of
GR and accordingly accounting document also gets
generated.
LOGISTICS INVOICE VERIFICATION

It is a part of SAP MM and closely integrated with other
functional modules like FI and CO. It is also associated with
Empties Management where one can track movement and
stock of reusable packaging. It completes the process of
material procurement and also allows for credit memos for
return deliveries or invoice reversal. We can follow MIRO T
code for invoice verification.
There are various ways to process invoice in Invoice verification

like:
Document Parking
Automatic Settlements
Invoice Received via EDI etc.
Ideally with view point of materials management this is the last

stage of SAP P2P Process.
VENDOR PAYMENT
Every company needs to pay its vendors once material is
received at plant. Often, payments are made against invoice
and posted to vendor accounts.
Like invoice verification there are several ways to pay vendor:
Cash . ( Follow FBCJ t code)

Cheque
Manual Electronic Transfer ( Follow F-53 )
File Electronic Transfer
Letter of Credit
Ideally, for viewpoint of Materials Management SAP

P2P Process will end at the stage of Logistics Invoice
Verification.
Our other posts:
Scheduling Agreement In SAP MM
Tags: p2p process in sap, sap p2p process
RELATED POSTS
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What is a purchase requisition?

What is a purchase requisition?

What is a purchase order?

What is a purchase order?

11/28/2019 SAP P2P Process - My Support Solutions

SAP PURCHASE INFO RECORD

SAP P2P PROCESS Search the site 

SAP P2P PROCESS (PROCURE TO PAY Full Form Of SAP | What Is

It can be also termed in different ways like: HOW TO BECO…

Standard SAP Outline Agreement

REQUEST FOR QUOTATION(RFQ)

RFQ can be created by two different ways:

When we received multiple quotations from vendors we have to

best available quotation.

When PO is raised for procurement of stock material ( T

PO can also be raised for the procurement of direct consumable

PURCHASE ORDER TYPES

If anyone wants to buy product which has very small value,

maximum value and validity period, with document type FO and

STOCK TRANSPORT ORDER(STO)

Sometimes company dispatches material from one plant to

GOODS RECEIPT NOTE

There is certain procedure or steps involved in GR:

Company sends PO to Vendor

LOGISTICS INVOICE VERIFICATION

There are various ways to process invoice in Invoice verification

Ideally with view point of materials management this is the last

Like invoice verification there are several ways to pay vendor:

Cash . ( Follow FBCJ t code)

Ideally, for viewpoint of Materials Management SAP

Our other posts:

Scheduling Agreement In SAP MM

Tags: p2p process in sap, sap p2p process

Your email address will not be published. Required fields are

© 2019 MY SUPPORT SOLUTIONS. THEME BY MYTHEMESHOP.

SAP SUPPORT TICKETS SAP T CODES PRIVACY POLICY ABOUT US CONTACT US

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