Oracle Fusion P2P cycle comprises of the following transaction
- Purchase Orders
- Receipts
- AP Invoices
Purchase orders and Receipts are part of Procurement module and AP Invoice is part of Account payable module. The following two parameters ensure the integration across P2P transactions
- Match Level
- Receipt Routing
Match Level will have three options and they are
- 2 Way
- 3 Way
- 4 Way
| Match Level | Parameter 1 | Parameter 2 |
|---|---|---|
| 2 Way | PO Quantity | Invoice Quantity |
| PO price | Invoice Price | |
| 3 Way | Receipt Quantity | Invoice Quantity |
| 4 Way | Inspected/Accepted Quantity | Invoice Quantity |
Receipt Routing will have three options like
| Receipt Routing | Parameter |
|---|---|
| Direct Delivery | No Receipt Required |
| Standard Receipt | Receipt Required , Receive material to temporary location , Deliver material to subinventory |
| Inspection Required | Receipt Required, Receive material to temporary location, Deliver material to subinventory after completing QA |
The practical scenarios in which we combine both match level and receipt routing for PO creation are like below
- If we are procuring a service item or providing consulting services, then we can go the below options in PO
- Match Level: 2 way
- Receipt routing: Direct delivery
- Procurement of a standard Item then it will be
- Match Level: 3 way
- Receipt routing: Standard Receipt
- Procurement of a High quality precision Item then it will be
- Match Level: 4 way
- Receipt routing: Inspection Required
Fusion Procurement module Setup steps
Common setup steps are
- Define Business Unit
- Supplier and sites creation
Some of the important Procurement setup steps are
- Manage user creation
- Roles assignment for procurement
- Manage procurement agent
- Manage Payment terms
- Manage Units of Measure
- Manage Procurement Document numbering
- Managing Purchasing Line types
- Manage Document styles
- Define Items for procurement
- Configure procurement Business Function
- Manage Receiving Parameters
