Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

what is meant by procurement cycle?

Answer Posted / hockey

is the process that creates, manages and fulfills contracts
that is:

1.determination of requirements (IPR RAISED)
2.identify suppliers
3.invite suppliers
4.vendor selection ie evaluating offers n ageeing terms.
5purchase order processing
6.goods receipt
7.invoice verification ( invoice + PO.
8.payment processing.

Is This Answer Correct ?    11 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

hello sap guru's...while creating outbound delivery VL01n i getting a error..msg no VL461,VL248..i saw solution step's in sap.scn.com....even i could not proceed this outbound delivery..plz give a detailed explanation to solve error..thanking u senior's...junior

7641


Hi all see the problem is, suppose i sold goods to customer 10 units @ 120 & my COGS (cost of goods sold) is 100 per unit . After that he told me your quality is not good ok & u r charging high 4 that i will pay you only 110 rs for that otherwise i will return ur goods. After that i made 1 credit memo 4 that of rs 10 ok. now the issue is it is also affecting the COGS but it has to remain same And will effect at profit & my profit must be reduced from 20 rs per unit to 10rs per unit & COGS must remain constant i.e is 100 rs

1980


What are shortened fiscal year? When are they used?

1046


Explain automatic payment programmer

1011


Hai friends how to get sap fico consultant which type of questions are asking in interview means configuration steps or project means problem solving questions or steps and subject and present companies are take the telephone interview or face to face interview? how many rounds are having in interview based on 3 ,4 Exp and main iam M Com graduate(2009) how many years of exp putup in my resume why because somebody says u must putup exp how many years are right Pls give me reply

1504


How Systems post value in Gl Account at the time of Goods received, Invoice received means what is the System Configuration or tell me the FI-MM Configuration?

2238


What are internal tables check table, value table, and transparent table?

1166


Hello Friend, I wanna to do job in SAP as a FI Consultant.I wanna to knw What is the important question for FI. consultant. Employer 'll ask me? get back to me soon bye

2228


How can you manually clear open items? When? : fi- general ledger master data

1125


Is it possible to change an existing b/s gl account to the p&l type? : fi- general ledger accounting

1063


Explain the use of financial general ledger accounting (fi-gl)?

978


What does “sap netweaver on linux” mean?

1213


What is a posting key? : fi- general ledger accounting

1083


How do you assign a fiscal year variant to a company code?

1164


Currency gain - loss at PPV, how is it possible to split the PPV in: 1. Price related PPV and 2. Currency related PPV?

2911