SAP Business functions is a ERP software developed for medium-sized business.And sold by the Germany company SAP SE.
The main aim is to automate the financial functions.
SAP Business One was initially launched in Israel in 1996 under the name "Menahel" or "TopManage" in English.
SAP home page is like below :
Purchase Cycle in SAP :
1.Purchase Quotation :
SAP business one supports the pre - purchase request phase.Using "purchase quotation" option customer will send the pre - purchase request to supplier.
Purchase quotation is used for knowing about supplier goods or services availability.
SAP business one provides the option for sending the single PO to multiple suppliers at a time using "Purchase Quotation Generation Window".
2.Purchase Order :
Customer will place the purchase order after comparing the all supplier quotes and found the best offer .
Customer will place the purchase order to particular vendor using "purchase order document".
After placing the PO customer have to agree the PO.
3.Goods Receipt :
Goods receipt is received when the inventory is received by the customer. It will send along with the invoice.
4.A/P Invoice :
In SAP business one, customer can create an A/P reserve invoice. This document is similar to a purchase order but this document includes the request for payment/money.
5.Goods Return :
In SAP business one it is possible to return goods to the vendor when the goods are faulty received by the customer.
Advantages :
SAP provides step by step procedure it makes the customer to feel comfortable.
SAP business one supports the Pre - purchase request phase.
It shows all the data into graphical formats.It makes easy to understand the business.
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