Complete description of all the steps of procurement cycle

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Reference no: EM133427768

Case Study: The "FantasyWorld" is one of leading manufacturer of various ranges of wooden, steel and plastic office furniture at Bangalore. The company produces the furniture based on sales orders for wooden, steel, plastic furniture generated from its sales department. Till now the company runs its entire Accounts Function on Excel and Tally ERP. The company's has recently adopted SAP ERP solutions integrating the FI with MM and SD modules. However, the Store Manager and the procurement manager are not very clear with regard to the accounting and MM process implementation.

Question: Complete description of all the steps of Procurement cycle with 3-wasy match concept and neat diagram along with explanation of all the Organizational data, Master data and transactions.

Reference no: EM133427768

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