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Purchasing process described with module integration highlighted

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Wednesday, 16 September 2009 15:00

Purchasing process described with module integration highlighted
Written by Anon. Step-1 Generating Purchase Requisition (PP AND MM involved) Step-2 Making Inquiries - (MM) Step-3 Raising Purchase Order (MM) Step-4 Release of Purchase Order (MM) Step-5 Goods received from Vendor (MM & FI) Raw material account - dr GR/IR clearing ac Step-6 Invoice Verification and quality Assurance (FI & MM) GR/IR clearing ac TO Vendor Step-7 Goods issue for consumption (MM FI & PP) Rawmaterial Consumption Dr TO Rawmaterial Inventory Account Step-8 Production Receipt (FI MM & PP) Finished Goods Inventory Account to Change in Stock Step-9 Finished goods delivered to Customer (MM SD & FI) Change in stock ac to Finished goods inventory Step-10 Raising invoice on customer (SD & FI) Customer ac to Sales Step-11 Receipt of payment from customers (SD & FI) Read 4441 times Last modified on Wednesday, 10 April 2013 11:43
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