Scribd
Upload
48 views19 pages

Accounts Payable Process

The document describes the accounts payable process from purchase order creation to vendor payment in SAP. It includes steps for purchase order, goods receipt, invoice verification, vendor line item checking, and outgoing payment posting. It also describes directly creating a vendor invoice and payment.

Uploaded by

jhon k
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
48 views19 pages

Accounts Payable Process

The document describes the accounts payable process from purchase order creation to vendor payment in SAP. It includes steps for purchase order, goods receipt, invoice verification, vendor line item checking, and outgoing payment posting. It also describes directly creating a vendor invoice and payment.

Uploaded by

jhon k
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/ 19

P a g e 1 | 19

CONTENTS

Sr.no Topic name Page no


1 Purpose of document 3
2 Prerequisite 3
3 Purchase order creation 3 to 4
4 Post goods receipt 5 to 7
5 Invoice verification 7 to 8
6 Vendor line-item checking 9 to 10
7 Outgoing payment posting 10 to 12
8 Account payable process directly 13 to 18
8.1 Vendor invoice creation 13
8.2 Vendor line-item 15
8.3 Outgoing vendor payment 16

P a g e 2 | 19
Accounts payable Process with Purchase to pay (P2P) Process.
1. Purpose of Document

This document describes how to create account payable process with respect to
purchase to pay in SAP FICO Module for company codes. This document is
reference for all remaining company codes and plants.

2. Pre-requisite
• Company code
• Plant code
• Purchase organisation
• Purchase group
• Vendor no
• Material no
• GL account

Accounts payable process usually starts with the request of the goods to be
purchased to the purchasing department or the responsible personnel until the
payment is made to the supplier of goods or services.
Below the firstly we create the Purchase to pay process then we must go for
accounts payable.
3. Purchase order creation
• Create Purchase order for material requirement through ME21N t code.

P a g e 3 | 19
• Then enter the vendor, Purchase organisation and group, company code,
material details in the PO.

• Then Save the PO and will get PO number.

Saved PO no is 7000000969.
P a g e 4 | 19
4. Post good receipt

• Post Good receipt against PO number by using t code MIGO.

• Create the goods receipt against the PO using movement type is 101.

P a g e 5 | 19
• Click on the check mark and check it.

• Then post the Documents and it gives material document number after
goods posting.

P a g e 6 | 19
• Then display the material Document and its no is 5000001340.

5. Invoice verification
• Invoice verification using t code MIRO.

P a g e 7 | 19
• Create Invoice verification against PO number

• Save the details of invoice and it generate document no.

P a g e 8 | 19
6. Check vendor line item

• Check vendor line-item report using t code FBL1N.

• Enter vendor no and company code in the entries and click on execute
button.

P a g e 9 | 19
• We can see the screen details of the vendor payments in the table, then note
the amount for clearing outgoing payment.

7. Clearing the outgoing payments (F-53)


• Enter the t code in the menu bar i.e. F-53

P a g e 10 | 19
• Enter document and posting date, account type KZ, company code,
currency, account no, total amount, business are, value date and text,
vendor details etc.

• In the next screen check all the details and save the document.

P a g e 11 | 19
• After saving document we get the document no.

P a g e 12 | 19
8. Accounts Payable process Directly
8.1 Vendor Invoice Posting (FB60) / (F-43)
Navigation Path

Provide the necessary information and simulate the transaction.

• Decide on the Company code in which the Invoice needs to be posted and the currency
involved. One can also specify the currency conversion rate that needs to be adopted
for the transaction. In the reference field enter the Invoice number of the Vendor Invoice
and the corresponding text.

P a g e 13 | 19
• Save it. We will get Document no 4002.

• Display they Document. Here we can see all the details.

P a g e 14 | 19
8.2 Vendor outgoing payment posting( F-53) / (F-58)

• Check vendor line-item report using t code FBL1N.

• Enter vendor no and company code in the entries and click on execute
button.

P a g e 15 | 19
• We can see the screen details of the vendor payments in the table, then note
the amount for clearing outgoing payment.

8.3 Clearing the outgoing payments using t code F-53 .


• Enter the t code in the menu bar i.e. F-53

P a g e 16 | 19
• Enter all mandatory data and then process for payment.

• Save the Payment then will get payment posting document number.

P a g e 17 | 19
• Note the document number for future reference.

P a g e 18 | 19
P a g e 19 | 19

You might also like