Oracle Fusion White Paper
Oracle Fusion Procure to Pay Life Cycle & Budget
‘Self Service Procurement’
January, 2021
Ahmed Mokhtar Kaoud
Oracle Applications Principle.
Financial & SCM Consultant
[email protected]
Oracle Fusion Procure to Pay Life Cycle
" Accrue at Receipt"
Contents
1. About the Author........................................................................................................................... 2
2. Introduction ............................................................................................................................. 2
3. Purpose .................................................................................................................................... 2
4. Who Should Read This ........................................................................................................... 2
5. Oracle Fusion Procure to Pay life Cycle & Budget – ‘Self Service Procurement’ ................. 3
Ahmed Mokhtar Kaoud
Oracle Principle. Financial & SCM Consultant Page 1
Oracle Fusion Procure to Pay Life Cycle
" Accrue at Receipt"
1. About the Author
Ahmed Mokhtar Kaoud was born in 15th February 1984, and graduated from
Faculty of Commerce "Accounting Section" – Azhar University in 2006.
Ahmed works as a Senior Oracle Principle Consultant (Fusion & EBS)
For Financials and SCM Track.
Also he is Oracle Certified Professional – OCP & PMP.
Overseas Experience : United Kingdom, South Africa, UAE, KSA
2. Introduction
Oracle Fusion Procure to Pay (P2P) Life Cycle with Functional and Technical flow.
The Procure to pay cycle is vital to an organization as in this process the organization buys
and received goods or services from its vendors and makes necessary payments.
3. Purpose
This paper will help you to understand the steps to create Purchase Requisition by using
Self-service procurement with Budget Reservation and Encumbrance & how to process
the purchase order Creation from Purchase Requisition Importing and Calculating VAT
based on item Category in addition to Making PO Approval cycle and the process of
Shipment to create ASBN & Receiving, Then going to AP module to see AP invoice
Created Automatically from ASBN & Eventually making Payment as well in Oracle
Fusion.
This Document is not for teaching the Setup & Transactions Steps, it’s for mentioning
The overall Results.
4. Who Should Read This
This paper is aimed to users, implementers and functional consultants of Oracle Fusion.
Ahmed Mokhtar Kaoud
Oracle Principle. Financial & SCM Consultant Page 2
Oracle Fusion Procure to Pay Life Cycle
Accrue at Receipt"
"
5. Oracle Procure to pay life Cycle & Budget
‘Self Service Procurement’
(A).Shop by Category to Create Purchase Requisition in Self Service Procurement
Open Related Information to see the Supplier website
Ahmed Mokhtar Kaoud
Oracle Principle. Financial & SCM Consultant Page 3
Oracle Fusion Procure to Pay Life Cycle
" Accrue at Receipt"
Open Website to see the Regulation and Pricing & Other Specifications.
Back to Related Requests
Ahmed Mokhtar Kaoud
Oracle Principle. Financial & SCM Consultant Page 4
Oracle Fusion Procure to Pay Life Cycle
" Accrue at Receipt"
Open it
Create Request based on Category
Then Add to Cart
The Purchase Requisition has been created and passed Budgetary Control
Ahmed Mokhtar Kaoud
Oracle Principle. Financial & SCM Consultant Page 5
Oracle Fusion Procure to Pay Life Cycle
" Accrue at Receipt"
Submit Purchase Requisition after calculating Revocable & Non Revocable Tax
Ahmed Mokhtar Kaoud
Oracle Principle. Financial & SCM Consultant Page 6
Oracle Fusion Procure to Pay Life Cycle
" Accrue at Receipt"
Purchase Order Dashboard
Import Purchase Requisition and create PO
Ahmed Mokhtar Kaoud
Oracle Principle. Financial & SCM Consultant Page 7
Oracle Fusion Procure to Pay Life Cycle
" Accrue at Receipt"
Total Tax for Revocable & Non Revocable Tax
Purchase Requisition Line
Ahmed Mokhtar Kaoud
Oracle Principle. Financial & SCM Consultant Page 8
Oracle Fusion Procure to Pay Life Cycle
" Accrue at Receipt"
Submit PO for Approval
View Document History
Ahmed Mokhtar Kaoud
Oracle Principle. Financial & SCM Consultant Page 9
Oracle Fusion Procure to Pay Life Cycle
" Accrue at Receipt"
View Budgetary Control (Encumbrance Commitment)
View Budgetary Control (Encumbrance Obligation)
Ahmed Mokhtar Kaoud
Oracle Principle. Financial & SCM Consultant Page 10
Oracle Fusion Procure to Pay Life Cycle
" Accrue at Receipt"
Budget Balance
Create ASBN based on PO Number and AP Invoice Creation Automatically
Billing Information
Ahmed Mokhtar Kaoud
Oracle Principle. Financial & SCM Consultant Page 11
Oracle Fusion Procure to Pay Life Cycle
" Accrue at Receipt"
Receive Shipment & Create Receipt
Submit Receipt
Ahmed Mokhtar Kaoud
Oracle Principle. Financial & SCM Consultant Page 12
Oracle Fusion Procure to Pay Life Cycle
" Accrue at Receipt"
Receipt Accounting - Receipt into Receiving Inspection
Distribution Lines
Ahmed Mokhtar Kaoud
Oracle Principle. Financial & SCM Consultant Page 13
Oracle Fusion Procure to Pay Life Cycle
" Accrue at Receipt"
Journal Entries
Deliver To Expense Destination
Ahmed Mokhtar Kaoud
Oracle Principle. Financial & SCM Consultant Page 14
Oracle Fusion Procure to Pay Life Cycle
" Accrue at Receipt"
AP invoice Created Automatically by ASBN
AP Invoice Lines
Ahmed Mokhtar Kaoud
Oracle Principle. Financial & SCM Consultant Page 15
Oracle Fusion Procure to Pay Life Cycle
" Accrue at Receipt"
After Invoice Validation and Creating Account
PO Status
Ahmed Mokhtar Kaoud
Oracle Principle. Financial & SCM Consultant Page 16
Oracle Fusion Procure to Pay Life Cycle
" Accrue at Receipt"
View Budgetary Control (Encumbrance Obligation)
View Budgetary Control (Actual)
Ahmed Mokhtar Kaoud
Oracle Principle. Financial & SCM Consultant Page 17
Oracle Fusion Procure to Pay Life Cycle
" Accrue at Receipt"
Create Payment
Manage Payments
View Accounting
Ahmed Mokhtar Kaoud
Oracle Principle. Financial & SCM Consultant Page 18
Oracle Fusion Procure to Pay Life Cycle
" Accrue at Receipt"
Thanks
“ وانفعني بما علمتني،"اللهم علمني ما ينفعني
Ahmed Mokhtar Kaoud
Oracle Principle. Financial & SCM Consultant Page 19
