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Chapter 04: the Procurement Process Exercise 04-02: Review Procurement Master Data

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Chapter 04: the Procurement Process Exercise 04-02: Review Procurement Master Data
Chapter 04: Procurement Process
Exercise 04-02: Basic Procurement Process
Multi Company Code
Rev: 01/17/2011
Introduction

General Notes and Information

It is strongly recommended that you read through the entire exercise prior to starting. Not all instructions can be provided in a linear manner.

The following symbols are used to indicate important information, as described below:
An arrow highlights an important instruction that must not be overlooked. A pencil prompts you to write down an important piece of information.

Each student or group will be assigned a unique two-digit identifier. This identifier is used in all exercises to uniquely identify your data. Whenever you see ## in these exercises, replace it with your identifier.

Always work with your data.

Business Process Overview

The procurement process is used to purchase material from a vendor. This process can be used to purchase trading goods as well as raw materials.

In this exercise you will execute the procurement process to purchase the following trading goods: Elbow Pads, Road Helmets, Repair Kits, Off-road Helmets, and Knee Pads. You will be purchasing 50 of each of these goods from Olympic Protective Gear to be delivered to GBI’s Miami plant.

Exercise Prerequisites

Exercise 4-1: Review Procurement Master Data

Exercise Workflow

Exercise Deliverables

Deliverables are consolidated into one worksheet at the end of this exercise. For this exercise you will need the following deliverables.

In the System:
Purchase Requisition
Purchase Order
Goods Receipt
Invoice Verification
Vendor Payment
On Paper:
Completed Exercise worksheet (attachment 1)
Answers to the Questions

You may be assigned additional deliverables. Make certain to check with your instructor.

Step 1: Create Purchase Requisition

In this step, the Purchase Requisition is created for internal purposes only. It is recommended that you keep several windows opened (to view

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