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Procure To Pay (P2P) 1

The document outlines the roles and responsibilities within the Oracle Fusion Procure to Pay (P2P) process, detailing user roles such as IT Security Manager and Accounts Payable Manager. It describes the configuration of the enterprise structure, including legal entities, ledgers, and business units, as well as the P2P life cycle from purchasing requisition to payment reconciliation. Additionally, it provides insights into supplier and invoice structures, including bank account management.

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its.khossain
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15 views3 pages

Procure To Pay (P2P) 1

The document outlines the roles and responsibilities within the Oracle Fusion Procure to Pay (P2P) process, detailing user roles such as IT Security Manager and Accounts Payable Manager. It describes the configuration of the enterprise structure, including legal entities, ledgers, and business units, as well as the P2P life cycle from purchasing requisition to payment reconciliation. Additionally, it provides insights into supplier and invoice structures, including bank account management.

Uploaded by

its.khossain
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
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ORACLE FUSION

Procure To Pay P2P


ITRODUCTION: Invoice, Payment
User Roles
▪ IT Security Manager= Security Console: Able to add new role.
▪ Accounts Payable Manager, Accounts Payable Supervisor and Accounts
Payable Specialist: Create and Manage Payable
▪ Procurement Application Administrator, Procurement Manager,
Supplier Administrator and Supplier Manager: Create and Manage
Supplier
▪ General Accountant and General Accounting Manager: Create and
manage accounts.
▪ Application Implementation Consultant and Application Implementation
manger: Ability to Setup and maintenance.
▪ Cash Manger and Cashier: Ability to Create and Manage Payment
Methode Like Create Bank or Treasury.
Must start by ORA

Configuration Enterprise Structure:


• Enterprise: Related to HCM Team
• Geography: Related to HCM Team
• Legal Entity: Name, Address and Identifier
• Ledger: Currency, Calendar, Chart of accounts and accounting
convention method.
• Business Unit: Function that Links General Ledger and 4 Subledger.
o Accounts Payables
o Accounts Receivables
o Cash Management
o Fixed Assets
• Inventory Organization: Supply Chain Management Team.
Authorized by Mohamed Badawy http://linkedin.com/in/mohamed-badawy-393821240
ORACLE FUSION
Procure to Pay Life Cycle P2P:

Purchasing Requisition From any Department to Purchasing Department


Procurement

Request For Quotation To Suppliers Prospective


Spend
Authorized

Price Quality

Quotation From Supplier Choose The Best

Purchase Order Send Purchase Order to Choosen Supplier with


Cost Management

DR • Receiving Area
Receiving
CR • AP Accrual

DR Inventory
Inventory
CR Receiving Area

Match
Asset Clearing
Accounts Payable

DR: Item Expense


Invoice Manual CR: Liability
DR: AP
Accrual DR: Asset clearing
CR: Liability
CR:
Liability

DR CR
Payment Cash
Liability
Clearing
Cash Management

DR Cash
Clearing
Reconcile
CR Cash/Bank

Authorized by Mohamed Badawy http://linkedin.com/in/mohamed-badawy-393821240


ORACLE FUSION
- Liability Account Code Combination record from Mange Common
Options for Payables and Procurement or Supplier Sites.
Supplier Structure:

Profile Name

Adresses

Site

Business Unit
Invoice Structure: Bank Structure:

Bank
Name
Distributions

Bank
Branch

Lines
Bank Account Name
Bank Bank Account Number
Currency

Header
Account
Cash Clearing Account

Business
Unit

- Bank, Cash and Cash Clearing record from Bank Account.

Authorized by Mohamed Badawy http://linkedin.com/in/mohamed-badawy-393821240

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