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Former Member

Account payable

Hi Experts,

WIll any one pleasee xplain what is accounts payable / What is the full life cycle of accounts payable.Would be thankful if u cud explain me the flow

BR,

KK

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    author's profile photo Former Member
    Former Member
    Posted on Feb 24, 2009 at 05:35 AM

    Hi,

    Please reffer the fallowing link for the details

    http://help.sap.com/printdocu/core/Print46c/en/data/pdf/FIBP/FIBP.pdf

    Thanks & Regards,

    Kavita

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  • author's profile photo Former Member
    Former Member
    Posted on Feb 24, 2009 at 06:49 AM

    Hi KK,

    Account payable is nothing by the amount which u have to pay to vendor for buying of raw material

    other releated assets for production process.

    process: 1. purchase order request

    2. purchase order

    3. GR (goods recipts)

    4. IR (invoice recpits)

    5. payment ( to vendors)

    The above process will take the payment to vendors is called as AP (account payable)

    Regards,

    R.N.Reddy

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  • author's profile photo Former Member
    Former Member
    Posted on Feb 25, 2009 at 08:32 AM

    Tx all for the answer.

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