please tell about procure to pay(p2p) && order to cash (o2c)
cycle in sd module of abap(urgent)??
Answer Posted / unknown
Procure to Pay - This process is related to buying material
from organizations supplier/vendors for day to day
operations.
requisition --> RFQ -->PO --> Receive --> pay
Eg - An automotive service center can buy spare parts from
its supplier (like toyota etc). To buy spare parts they
will look for all supplier who can provide spare parts.
This suppliers will give quotes and then the organization
will make a decision from which supplier they will buy
spare parts. Then a purchase order is genearte and supplier
will send required spares to organization. Upon receiving
spare the organization will match and recieive products in
their inventory. Once spares are received payments will be
made to supplier.
Order to Cash - This cycle is related to selling of
products and services to customers.
Customer --> Order --> Book --> schedule --> WO Completion
(optional) --> Pick release --> Ship cofirm --> AR
Eg - (i will continuue with automotive service center)
I take my car for repair to this automotive service center.
Since i need a service/products from this organization, i
become a customer for them. They will then take a look at
my car and suggest me service/products i need to buy. (all
that will become items which i am purchasing from them).
Upon completion of repair of my car i will get the invoice.
Once i get invoice from organization, i can make payments
against that.
Is This Answer Correct ? | 58 Yes | 9 No |
Post New Answer View All Answers
what is difference between individual and collective requirement
What is a typical duration and cost of an sap transportation management implementation? : transportation management
Define the material taxes in ovk4, which will then be maintain in material master.
At which levels in the sales document can you have different incompletion procedures?
What are the purposes of the number range objects J_1IEXCLOC and J_1IEXCINV? In which conditions 1. either of the two, or 2. both the objects should be used?
What is the use of customer account group?
What is the transaction code for creating a material in sap and what is the transaction code to extend a material?
What is material determination? Can you do two materials for one material?
How can we configure Input Tax in SD?
What is a 'sales order'?
How do you define tax relevancy of master records?
What are the various sections of the 'customer master record'?
What happens when a value is not entered for a manual and mandatory condition type and does a header condition type have an access sequence?
Explain sales document blocking?
Give me examples for Medium Priority & High Priority Tickets from your support project? Give detailed error message/ issue ,your analysis,finally how did you resolve that ticket along with detailed procedure & explanation and t-codes if any? I have an interview in immediate future so plzz help me...Please reply asap... Urgent!!!! Waiting for your response eagerly... Thanks in advance