Scribd
Upload
96 views1 page

PO and Invoice Payment (Main)

This document outlines the inventory management process, including creating a requisition to identify supply needs, generating a purchase order if approved, receiving items and creating an invoice, and making payment. Key steps involve identifying needs, creating a supplier if new, generating a purchase order, receiving the delivered items, verifying the invoice, and processing payment.

Uploaded by

Aarti Gupta
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
96 views1 page

PO and Invoice Payment (Main)

This document outlines the inventory management process, including creating a requisition to identify supply needs, generating a purchase order if approved, receiving items and creating an invoice, and making payment. Key steps involve identifying needs, creating a supplier if new, generating a purchase order, receiving the delivered items, verifying the invoice, and processing payment.

Uploaded by

Aarti Gupta
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
You are on page 1/ 1

Inventory

PR, PO, Receipt and Payment (Purchasing, Finance) Create Item

Assign item to Organization

Enter Item and Enter Quantity and


Identify Needs Create Requisition Enter Need-by-date
Category Price

Enter Requester and


Create Supplier
Organization
if not available

Enter Supplier and Choose document Create PO using Auto Requisition sent for
Requisition Approved
Supplier Site type Create approval

Enter Tax Details PO sent for approval PO approved

Item Delivered

Create Receipt for


Enter PO Create invoice in AP
PO

Verify Tax Details Enter PO number

Match invoice with


Verify Tax Details
PO

Choose Sub-
Validate Invoice
inventory

Create Accounting

Transfer to GL

Create Payment Enter Payment


Select Bank Create Accounting
Transaction Method and PPP

Transfer to GL

You might also like