Professional Documents
Culture Documents
Presentation by :
Sreekanth Reddy M
Procure to Pay Lifecycle Overview
Objectives :
After completing this module you should be able to do
the following:
RFQ Status :
• In Process: Being created
• Active: Ready to print
• Printed : At least one copy
• Closed : When you change the status to closed, the system will
delete all follow-up notifications. Change the RFQ to this status
when you do not want any more responses to the RFQ.
Purchase Order:
Note: The Invoice Match Option and the Match Approval Level
are independent options. You can perform whichever Invoice
Match Option you want regardless of the Match Approval Level.
Approve Purchase Order :
Transmit PO to Supplier :
Receipts:
Invoicing :
Payment :
Invoice Payment – Overview :
Using the Payment Workbench :
Payment Methods :
Summary :