We should create a new reconciliation account for the vendor under the company code. Path: SPRO-Enterprise Structure-Financial Accounting-Edit, Copy, Delete, Check Company Code Path: SPRO-Enterprise Structure-Financial Accounting-Define company Step 4: Maintain FI Master Data For The Vendorīefore we can create a Business Partner with the vendor roles, we should maintain the FI master data for the new vendor. In this blog post, we will use the plant ‘ZJP1’.Īfter we create the plant, we should assign the storage location information to the plant. We can use the ‘New Entries’ button to create a new plant. In this blog post, we will use the purchase organization ‘ZJC’.

We can use the ‘New Entries’ button to create a new purchase group. ‘Purchase Group’ will be used in the material master data. In this blog post, we will use the purchase organization ‘ZJC0’. We can use the ‘New Entries’ button to create a new purchase organization. One company may have more than one purchase organization, different purchase organization takes responsibility for purchasing different materials or services. Please be aware, all the steps and data are based on the system’s existing configurations, the different systems may need different works/steps. So they decide to purchase 100 bags of rice from their vendor and will pay the money to the vendor after they receive the goods.Īs a step-by-step guide, I will maintain the necessary objects for the food trading company and the vendor from the beginning and then run the ‘Procure to Pay’ process. But the trading company finds that they do not have enough stock. Image a scenario, there is a food trading company and their customer just called them to buy 50 bags of rice.

Please be aware, this is just a simple introduction, ‘Procure to Pay’ has a lot of useful functions not covered in this blog post.

In this blog post, I will walk through the simple ‘Procure to Pay’ process in the S/4 HANA system. I have introduced ‘Order to Cash’ in my last blog post (the URL can be found from the bottom of this blog post). As you know, there are two important integration scenarios in the Financial function, one is ‘Order to Cash’ (Financial – Sales&Distribution integration) and another is ‘Procure to Pay’ (Financial – Material Management integration).

P2p process in sap