6/1/2023 0 Comments Ariba procure to payThe warehouse department receives the goods from the vendor as per delivery terms. There’s no accounting document at the time of PO creation. We have different types of PO Processes like Standard(Stock) PO, Service PO, Capex PO (Capital expenditure Purchase order), Opex PO (Operational expenditure purchase order), Consumption PO, Scheduled agreement, and Stock Transport (STO)Purchase orders. If there is any release process (Approval Process) for a Purchase order, we need to get the approvals first before issuing PO to the vendor. This kind of information we can find in the Purchase order. The purchase order will be raised by Purchasing Department to the vendor with the agreed price, materials/services, quantity, delivery terms, and payment terms. The Purchasing department will negotiate the required materials/services with the external vendors, and they will finalize the vendor. The store’s department simply enters the required material and quantity in the purchase requisition. If the stock is not available in the warehouse, then the store’s department will raise the purchase requisition to the purchasing department. If the stock is available in the warehouse, then the store’s department will send the stock to the production department. Generally, In the organization, the production department team checks with the store’s department team for the required stock/materials. Purchase Requisition is raised by the stores department to the Purchase department internally. We will understand the master data activities like a material master, purchase Info record, source list, and transaction activities like Purchase Requisition, Purchase Order, Goods Receipt, and Invoice Posting. I have explained few popular scenarios in this blog post. It deals with procuring materials, services, different contracts associated with procurement. Hence this process is popular with the word ‘P2P’ Process. The procurement process starts from purchase requisition and ends with payment to the vendor. In this document, I would like to explain the different scenarios in the procurement process.
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6/1/2023 0 Comments Macos virtualbox ubuntuThough if you’re a student you can get student pricing. Download and install VMWare Fusion (8.5 is what I’m using), I know of another virtualization option called Parallels but that is known to be more expensive than fusion in the long-term.Ubuntu Version: Lubuntu 14.04.5 (Lubuntu has all the goodness of ubuntu without the heavy add ons, good for virtual machines where you want to minimize resource consumption). (I tried in El Capitan and it worked there as well). Hardware: Macbook Pro Retina 15″ Mid 2015 (Model 11,5) running macOS Sierra. Another issue is that the latest linux kernel doesn’t play well with the Macbook’s hardware, e.g., I could not get my machine to shutdown and it would get stuck which meant I would have to hard shutdown by keeping the power key pressed. That being said, I learned from a friend about the wonders of virtual machines, so here’s what I did. Having a linux dual boot on a mac is doable and I have done it in the past (see instructions if you’re interested), but I just felt that giving up hard disk space for another operating system with a limited 512GB of storage is not something I wanted to do. I primarily use a Mac for my work, but since a I do a lot of robotics I have to switch over to Ubuntu to use ROS. |