sap MM-PUR-REQ

-
Releasing a Purchase Requisition (MM-PUR-REQ)
Purpose
Release procedures for purchase requisitions (PReqs) can be used both for individual items and
for all the items of a requisition (i.e. for the complete requisition). Such release procedures are
necessary, for example, if the requisition exceeds a certain value and authorization is required for
the relevant expenditure. It is sensible, for example, to define separate release strategies for
different groups of materials for which different departments are responsible, and to define
separate release strategies for capital goods and consumption goods.
The document type determines whether the release procedure applies to certain
items only or to the complete requisition.
Release Procedure With/Without Classification
If a complete purchase requisition or a requisition item fulfills certain conditions (e.g. the order
value exceeds $10,000), it needs to be approved before it can be converted into a request for
quotation (RFQ) or a purchase order (PO). In the SAP System, the release procedure replicates
this approval process. Two procedures are available for purchase requisitions:
Release procedure without classification
With this procedure, it is not possible to implement a link to workflow. For this reason, it
will not be dealt with here. For more information, refer to the MM Purchasing
documentation.
Release procedure with classification
This procedure works with MM Classification, permitting a link to SAP Business
Workflow.
All further information provided here is based on the release procedure with
classification.
Each individual involved in the release procedure signifies approval with his or her release code
using a release transaction. Once effected, a release can also be cancelled with the same code
(that is to say, the original status is reinstated).
If linkage to SAP Business Workflow has been defined, refusal to release (rejection of a
requisition or requisition item) is also possible.
SAP Business Workflow
The system can be set up in such a way that a person authorized to release purchase
requisitions but whose daily duties primarily involve other tasks is advised via workflow when
such a document is awaiting release. That is to say, this person sees a work item in his or her
integrated inbox, which can be processed directly from within the inbox. When the item is
processed, the release transaction is automatically invoked and the requisition item awaiting
release is offered for release or refusal. The individuals who have been informed via workflow
that a document is awaiting release thus need to know neither the transaction name (or menu

Comments

  1. Bose18 January 2012 at 20:32

    The blog title says its for beginners but the info is also advanced, thanks so much and please keep updating!Purchase Requisition Form

    ReplyDelete

Post a Comment

Popular posts from this blog

Bank Accounting (FI-BL)

-
  Bank Accounting (FI-BL) Bank Accounting (FI-BL) is a component of the SAP Financial Accounting (FI) module that focuses on managing bank transactions and bank statement processing within an organization. It facilitates the efficient handling of financial transactions with banks and ensures accurate reconciliation of bank accounts. Key features and functionalities of the Bank Accounting (FI-BL) module include: 1. Bank Master Data Management: FI-BL allows the creation and maintenance of bank master data, which includes information about bank accounts, bank branches, and relevant details for each bank. This data is used for accurate processing and recording of bank transactions. 2. Bank Statement Processing: The module supports the automatic processing of electronic bank statements received from banks. It includes functionalities for importing bank statements, automatically matching transactions with open items in the system, and generating accounting entries based on the statement data
Read more

Funds Management (FI-FM)

-
  Funds Management (FI-FM) Funds Management (FI-FM), also known as Budgetary Control or Budget Management, is a component of the SAP Financial Accounting (FI) module that focuses on managing and controlling budgets within an organization. It helps organizations effectively plan, allocate, monitor, and control their financial resources. Key features and functionalities of the Funds Management (FI-FM) module include: 1. Budget Planning: FI-FM supports the creation and maintenance of budgets for different organizational units, cost centers, projects, or funds. It allows organizations to define budget structures, set budgetary limits, and allocate funds based on business requirements and strategic objectives. 2. Budget Monitoring and Control: The module provides functionalities for monitoring and controlling budget utilization. It includes tools for tracking actual expenses and revenues against budgeted amounts, generating budget consumption reports, and issuing budget warnings or alerts.
Read more

The Special Purpose Ledger (FI-SL)

-
  The Special Purpose Ledger (FI-SL) The Special Purpose Ledger (FI-SL) is a component of the SAP Financial Accounting (FI) module that allows organizations to create and maintain additional ledgers for specific reporting and analysis requirements. It provides flexible and customizable reporting structures beyond the standard General Ledger (FI-GL) functionality. Key features and functionalities of the Special Purpose Ledger (FI-SL) module include: 1. Customizable Ledgers: FI-SL allows organizations to define and create multiple special purpose ledgers based on their specific reporting needs. These ledgers can be designed to capture and report on different dimensions, such as profit centers, cost centers, business areas, segments, or any other organizational structure. 2. Data Sources and Data Transfer: The module supports the integration of data from various sources, both within and outside the SAP system. It enables the extraction and transfer of financial data from other SAP modules
Read more