Financial Impact of Buying and Selling Process

Financial Impact of Buying and Selling Process -...

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Click to edit Master subtitle style 2/18/11 Financial Impact of Buying and Selling Process Alex Fridgen
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July 2007 © SAP AG and The Rushmore Group, LLC 22 Integrati on Procurement Process (Procure-to-Pay) Purchase Requisitio n Paymen t to Vendor Notify Vendor Vendor Shipme nt Invoic e Receip t Goods Receip t Purchas e Order
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2/18/11 Procurement Process Purchase Requisition Purchase Order Notify Vendor Vendor Shipment Goods Receipt Invoice Receipt Payment to Vendor
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Unformatted text preview: 2/18/11 Procurement Process • Purchase Requisition • Purchase Order • Notify Vendor • Vendor Shipment • Goods Receipt • Invoice Receipt Bolded steps affect the Financial Accounts 2/18/11 D C D C D C D C Inventory COGS A/R A/P D C D C D C D C Customer Vendor WIP GR/IR D C Bank D C Revenue Goods Receipt Affect on Accounts...
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