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  • Ap Sap

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    kprakashmm
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    This document summarizes key information about accounts payable in 3 points: 1. It describes different vendor groups that can be specified in the vendor master including local vendors, foreign vendors, consignment vendors, and sub-contractors. The vendor master also controls the number range for vendors and whether they are considered on-time vendors. 2. It outlines the procurement process and integration with finance, including purchase orders, goods receipt, invoices, and payments in both materials management (MM) and financial accounting (FI). 3. It explains two methods for handling partial payments - the partial method shows the remaining amount as open until full payment, while the residual method only shows the most recent remaining amount as open

    Original Description:

    Accounts Payable AP SAP Vendors/Suppliers Vendor Master Vendor groups: Which specifies group of similor vendors General data Address details Local Vendors Company code FI Foreign vendors Purchasing MM Consignment vendors Sub-Contract vendors Which control the Field status when you create vendor master It controls the nuber range under which create vendors It controls the vendors are ontime vendors ( Business with vendor very rare …once in life time of company ) Business transactions : will always diff by document types Doc type Name KR Vendor Invoice KZ Vendor Payment KA Vendor Document KG Vendor Credit Memo Procurement process Full Payment Process FI-MM INTEGRATION FI INVOICE Dr Cr MM Purchase order ME21N Invoice FB60 40 Stock A/c dr 100000 MM Goods receipt MIGO Payment F-53 31 To Vendor A/c 100000 MM Invoice MIRO FI Payment F-53 Payment 25 Vendor A/c dr 100000 50 To Bank 100000 Part Payments Partial Method Residual Method All Items ( Invoice and Part Payments ) Shown as open , untill full Payment Only remaining amount shown as Open, until full payment E.g E.g Invoice 500000 Open Invoice 500000 Open Cleared Payment 300000 Open Payment 300000 Remaining 200000 Open Remaining 200000 Open Cleared Payment 150000 Payment 150000 Cleared Remaining 50000 Cleared Remaining 50000 Open Payment 50000 Payment 50000 Remaining 0 Remaining 0

    Original Title

    AP SAP

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    This document summarizes key information about accounts payable in 3 points: 1. It describes different vendor groups that can be specified in the vendor master including local vendors, foreign vendors, consignment vendors, and sub-contractors. The vendor master also controls the number range for vendors and whether they are considered on-time vendors. 2. It outlines the procurement process and integration with finance, including purchase orders, goods receipt, invoices, and payments in both materials management (MM) and financial accounting (FI). 3. It explains two methods for handling partial payments - the partial method shows the remaining amount as open until full payment, while the residual method only shows the most recent remaining amount as open

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    44 views3 pages

    Ap Sap

    Uploaded by

    kprakashmm
    This document summarizes key information about accounts payable in 3 points: 1. It describes different vendor groups that can be specified in the vendor master including local vendors, foreign vendors, consignment vendors, and sub-contractors. The vendor master also controls the number range for vendors and whether they are considered on-time vendors. 2. It outlines the procurement process and integration with finance, including purchase orders, goods receipt, invoices, and payments in both materials management (MM) and financial accounting (FI). 3. It explains two methods for handling partial payments - the partial method shows the remaining amount as open until full payment, while the residual method only shows the most recent remaining amount as open

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 3

    Accounts Payable

    Vendors/Suppliers
    Vendor groups: Which specifies group of similor vendors
    Local Vendors
    Foreign vendors
    Consignment vendors
    Sub-Contract vendors
    Which control the Field status when you create vendor master
    It controls the nuber range under which create vendors
    It controls the vendors are ontime vendors ( Business with vendor very rare on
    Business transactions : will always diff by document types
    Doc type Name
    KR
    Vendor Invoice
    KZ
    Vendor Payment
    KA
    Vendor Document
    KG
    Vendor Credit Memo

    Procurement process
    FI-MM INTEGRATION
    MM
    Purchase order
    MM
    Goods receipt
    MM
    Invoice
    FI
    Payment

    ME21N
    MIGO
    MIRO
    F-53

    FI
    Invoice
    Payment

    Partial Method
    All Items ( Invoice and Part Payments ) Shown as open , untill full Pay
    E.g
    Invoice
    500000 Open
    Payment
    300000
    Remaining
    200000
    Payment
    150000
    Remaining
    50000
    Payment
    50000
    Remaining
    0

    Vendor Master
    General data
    Company code
    Purchasing

    Address details
    FI
    MM

    vendor very rare once in life time of company )

    Full Payment Process


    INVOICE
    40 Stock A/c dr
    31 To Vendor A/c

    FB60
    F-53

    Payment
    25 Vendor A/c dr
    50 To Bank

    Dr

    Cr
    100000
    100000

    100000
    100000

    Part Payments

    as open , untill full Payment

    Open
    Open
    Cleared

    Residual Method
    Only remaining amount shown as Open, until fu
    E.g
    Invoice
    Payment
    Remaining
    Payment
    Remaining
    Payment
    Remaining

    ddress details

    t shown as Open, until full payment


    500000 Open
    300000
    200000
    150000
    50000
    50000
    0

    Cleared
    Open

    Cleared
    Cleared
    Open

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