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tell me the procedure of purchase (need to explain from
Purchase requisition till payment), and tell me when and
what entries do you pass?

Answer Posted / sravan

It is easy to guess from when the FICO consultant role comes into picture from the answer given by dinesh.

He provided all the steps with the accounting entries. It is simple to understand that the FICO role begins with the Goods receipt until the payment is made to the Vendor.


Regards,
Sravan

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