Oracle Procure to Pay Cycle (From interview perspective)

Procure-To-Pay is one of the most prominent cycles of Oracle E-Business Suite. The simplified version of Procure to Pay cycle consists of purchasing of goods or services from a vendor and paying him the money in return. It is also known as P2P cycle among some programmers. You will find many websites that explains in detail steps of Oracle P2P process.

Let us look at simply an overview of this cycle from interview perspective.

Steps of Procure to Pay

  • Create Purchase Requisition: Formal request to buy something
  • Create Purchase Order: After requisition is approved, create a Purchase Order
  • Receive the goods: Receive the goods from vendor or supplier
  • Creation of Payable invoice: Invoice will be created automatically or manually after receiving of goods
  • Payment to Supplier: Once the invoice is validated, supplier or vendor is paid
  • Transfer to General Ledger: Transfer payable data to General Ledger

Tables in Procure to Pay Cycle

Requisition

PO_REQUISITION_HEADERS_ALL

PO_REQUISITION_LINES_ALL

Purchasing

PO_HEADERS_ALL

PO_LINES_ALL

PO_LINE_LOCATIONS_ALL

PO_DISTRIBUTIONS_ALL

Receiving

RCV_SHIPMENT_HEADERS

RCV_SHIPMENT_LINES

RCV_TRANSACTIONS

Invoice

AP_INVOICES_ALL

AP_INVOICE_LINES_ALL

AP_INVOICE_DISTRIBUTIONS_ALL

Payment

AP_PAYMENT_SCHEDULES_ALL

AP_CHECKS_ALL

General Ledger

GL_JE_HEADERS

GL_JE_LINES

GL_JE_BATCHES

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One thought on “Oracle Procure to Pay Cycle (From interview perspective)

  1. This is very high level but very good. I have 17 years of implementing Oracle EBS and 3 years of the cloud solution. The business process does not change. But I think where value can be added is to explain to customers and potential customers the benefits of using a Requisition or not. Budget checks are encumbered ( if using encumbrance accounting) and funds are reserved based on the budget or this functionality can also be put at the PO level as well. I am noticing a lot of customers think a paper generated requisition is still the way to go.

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