Answer Posted / amit sharma

P2P means procure to pay.There is no standard it all
depends from organiation to organisation and business to
business.Generally stated the following would be the teps --
>

1. Purchase Requisition Creation (ME51n)
2. Approval of PR (ME54n)
3. PO creation and approval (ME21n and ME28/Me29n)
4. Goods Receipt (MIGO)
5. Invoice booking (MIRO)
6. Payment to Vendor (F-53)

The above the most common.In adition you can have Forecast
aswell.

Explain customer/vendor master records? : fi- accounts receivable

1042

---

What is BBP for an SAP FI consultant? p,lz answer it , maximum company ask dis as the first question.

1693

---

What is generally configured in the payment term as a default for baseline date?

1049

---

We have two diffferent bank accounts in our System that is icici bank & citi bank but the vendor wants us to pay him 100000 from two different accounts that is from axis bank and union bank so how we should configure in our sap system so that we can pay to vendor through App.

1474

---

What is an operating concern and what is its relationship with a controlling area in co?

950

---

Describe organisational structure in sap ?

1036

---

How do you configure the assignment of variances from product costing to copa module? : co-pa

993

---

What do you understand by product costing in sap controlling? : cost center accounting

963

---

what is matrix preparation authorization. and how it is related to PMRD. What is PMRD

3125

---

What are the different scenarios under which a business area or a profit center may be defined?

1131

---

How can you default certain items while creation of internal order master data?

984

---

What is a document in sap? : fi- general ledger

1001

---

what happens, in sap, when you post a goods receipt? : fi- accounts payable

1052

---

What is credit control area in sap?

1114

---

What are all the standard reports in co? : co- cost center accounting

1012

---