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A single Query covering P2P life Cycle

In Finance, transaction management processing is one of labor intensive task in ERP, as itrequires extensive data entry , chance are very very high for duplication/reentry! "s #e

kno# Procure to Pay life cycle start itself from contract management till making payment!

"s #e kno# the efficient Procure to pay process have these sub processes$

% &ontract 'anagement

% Purchase Requisitions

% Purchase (rders

% "ccounts Payable 'anaging invoice

%

)upplier Payment

In real business #orld, many time #hen system is running external/internal auditor aremore interested in scrutiny of*

% +oods received / invoices received

% Inaccurate or duplicate vendor material master records

%

-iscrepancies in payment terms

% -elays / long processing times

% -etect duplicate vendor

% .nusually large or small payments

% .nauthoried changes made to invoices

% -etect -uplicate invoice

% -etect -uplicate payment

% "pproval status

0herefore, it is Inhouse I)-/Finance I0 or implementing company responsibility is to providesuch kind of adhoc reporting for auditor so that they can satisfy the audit requirement!

A P2P query that made Auditors happy

It #as brought by I)- team , as part year end audit for a ERP system #hich #ent live 1

month back! It #as a one of requirement to display data for a particular P( #hich coversdata from there all 2 five phases, means a particular P( line consist of*

http://www.oracleappshub.com/account-payable/p2p-query/http://www.oracleappshub.com/account-payable/p2p-query/

8/9/2019 A Single Query Covering P2P Life Cycle

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3! Requisition -etail

4! Purchase (rder -etails

1! Receiving -etails

5! Invoicing -etail

2!

Payment -etails

0herefore thought to share this query, hope this #ould be great help #ho have such kind ofadhoc requirement from daily life!

6ere is query*

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