Mainly three applications are
involved in Financial Module i.e. P2P cycle.
Those 3 applications are
- Purchasing (PO)
- Account Payables (AP)
- General Ledger (GL)
During the
Purchasing application flow, three types of roles are involved. Those are
- Requestor : Employee who require or request for the materials.
- Preparer : Employee who is going to prepare the Document.
- Buyer : Employee who is having the authority to purchase materials.
Requisition: It
is one of the purchasing documents will be prepared by the employee who
required the materials or Services or Training and so on. We have two types of
Requisitions. Those are
- Internal Requisition
- Purchase Requisition
Internal
requisition will be created when we receive materials from another Inventory of
the same organization. Purchase requisition will be created when we purchase
materials from the Suppliers (vendors). Requestor creates this requisition.
Navigation:
Purchasing, Vision Operations (USA) ---> Requisitions ---> Requisitions
We enter the
Requisition data in 3 levels. Those are Headers, Lines and Distributions.
Enter Requisition type at headers level and
Item, UOM, Quantity, Price and Need-By-Date columns at lines level like below
Click on
Distributions and click on Charge Account column, Accounts information will
propagate automatically. Save your data by clicking save button in menu.
Copy
Requisition number for further steps and observe the status as “Incomplete”.
Now click on
Approve button.
