The procurement process involves several processes and transactions. In particular, these are:

Required:

What are the recording entries (if any, as prepared in the manual accounting) for creating and sending the purchase order, receiving material, receiving invoice, and sending payment? What challenges did you face in preparing the SAP ERP Assessment 1 (Procurement)?

Word Limit 300 words

\begin{tabular}{|c|} \hline Purchasing \\ \hline Create and send purchase order \\ \hline \end{tabular} \begin{tabular}{|c|} \hline Accounting \\ \hline Receive invoice \\ \hline \end{tabular} \begin{tabular}{|c|} \hline Accounting \\ \hline Send payment \\ \hline \end{tabular} \begin{tabular}{|c|} \hline Purchasing \\ \hline Create and send purchase order \\ \hline \end{tabular} \begin{tabular}{|c|} \hline Accounting \\ \hline Receive invoice \\ \hline \end{tabular} \begin{tabular}{|c|} \hline Accounting \\ \hline Send payment \\ \hline \end{tabular}