Please provide me the the difference between Procure to
Pay(P2P),Buy to Pay(B2P)and Invoice to Pay(I2P)
Answers were Sorted based on User's Feedback
Answer / 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 |
Answer / nisha
From the requirement of material to the payment procedure is P2P. After issue the po from material received to payment procedure is B2P. What received invoice against received material to payment procedure via cash, cheque or transfer called I2P
Is This Answer Correct ? | 1 Yes | 0 No |
Problem while calculating item interest?
What are the steps for foreign vendor? what are the parameters we have to select for app? how to send this payment to vendor? please give me clarification............
What is ment by Onsite and Offshore Project.can any 1 explain me.
5 Answers Hindalco, SAT InfoTech, Wipro,
What are the interaction with abaper in project especially for screens, conditions and cutover plan?
Is it possible to default certain values for particular fields?
why we are using the Planning levels in SAP FI (FS00 for G/L master day ) Plz check and send the replaymail
What is the purpose of version?
What is an operating concern and what is its relationship with a controlling area in co?
Hi, i heard that indian banks will not support electronic bank statement. If it is right, in lock box procedure every bank should send the statement in an electronic file right? How will they manage it?
What all taxes comes under CIN ?. Do all taxes - Excise, WHT, Service tax, Sales Tax, VAT comes under CIN?
What are account assignment models?
Can some one teach me SAP Asset Accouting remotly.I am familiar with other modules but not Asset accouting.I also need some help on Controlling side.Please let me know ASAP