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Hitachi Digital Services
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posted on 22 Feb 2024
I applied via Campus Placement
P2P cycle stands for Procure to Pay cycle, which involves the process of purchasing goods or services from a vendor and making payment for them.
The cycle starts with the creation of a purchase order (PO) based on the requirements identified in the requisition.
The vendor delivers the goods or services, and the receiving department confirms receipt in the system.
An invoice is generated by the vendor and matched with the ...
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I applied via Naukri.com and was interviewed before Jan 2023. There were 2 interview rounds.
Consignment and subcontracting are procurement processes. Shopping carts are created to initiate purchases. Purchasing group configuration is done to assign buyers. P2P cycle includes requisition, purchase order, goods receipt, and invoice verification. Classic and extended classic scenarios refer to different integration approaches.
Consignment is a process where the supplier retains ownership of the goods until they a...
The creation of service entry sheet, STO, and IDOV error in PO are common issues in SAP MM.
Service entry sheet is used to record the receipt of services performed by a vendor.
STO (Stock Transport Order) is used to transfer goods between different plants within a company.
IDOV (Item Data Output Variant) error in PO refers to an issue with the output variant settings for a purchase order.
These issues can occur due to inco...
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