Oracle Fusion White Paper

Oracle Fusion Procure to Pay Life Cycle & Budget

‘Self Service Procurement’

January, 2021

Ahmed Mokhtar Kaoud

Oracle Applications Principle.
Financial & SCM Consultant

a.mak2013@hotmail.com
Oracle Fusion Procure to Pay Life Cycle
" Accrue at Receipt"

Contents

1. About the Author........................................................................................................................... 2

2. Introduction ............................................................................................................................. 2
3. Purpose .................................................................................................................................... 2
4. Who Should Read This ........................................................................................................... 2
5. Oracle Fusion Procure to Pay life Cycle & Budget – ‘Self Service Procurement’ ................. 3

Ahmed Mokhtar Kaoud

Oracle Principle. Financial & SCM Consultant Page 1
Oracle Fusion Procure to Pay Life Cycle
" Accrue at Receipt"

1. About the Author

Ahmed Mokhtar Kaoud was born in 15th February 1984, and graduated from

Faculty of Commerce "Accounting Section" – Azhar University in 2006.

Ahmed works as a Senior Oracle Principle Consultant (Fusion & EBS)

For Financials and SCM Track.

Also he is Oracle Certified Professional – OCP & PMP.

Overseas Experience : United Kingdom, South Africa, UAE, KSA

2. Introduction
Oracle Fusion Procure to Pay (P2P) Life Cycle with Functional and Technical flow.
The Procure to pay cycle is vital to an organization as in this process the organization buys
and received goods or services from its vendors and makes necessary payments.

3. Purpose
This paper will help you to understand the steps to create Purchase Requisition by using
Self-service procurement with Budget Reservation and Encumbrance & how to process
the purchase order Creation from Purchase Requisition Importing and Calculating VAT
based on item Category in addition to Making PO Approval cycle and the process of
Shipment to create ASBN & Receiving, Then going to AP module to see AP invoice
Created Automatically from ASBN & Eventually making Payment as well in Oracle
Fusion.
This Document is not for teaching the Setup & Transactions Steps, it’s for mentioning
The overall Results.

4. Who Should Read This

This paper is aimed to users, implementers and functional consultants of Oracle Fusion.

Ahmed Mokhtar Kaoud

Oracle Principle. Financial & SCM Consultant Page 2
Oracle Fusion Procure to Pay Life Cycle
Accrue at Receipt"
"

5. Oracle Procure to pay life Cycle & Budget

‘Self Service Procurement’

(A).Shop by Category to Create Purchase Requisition in Self Service Procurement

Open Related Information to see the Supplier website

Ahmed Mokhtar Kaoud

Oracle Principle. Financial & SCM Consultant Page 3
Oracle Fusion Procure to Pay Life Cycle
" Accrue at Receipt"

Open Website to see the Regulation and Pricing & Other Specifications.

Back to Related Requests

Ahmed Mokhtar Kaoud

Oracle Principle. Financial & SCM Consultant Page 4
Oracle Fusion Procure to Pay Life Cycle
" Accrue at Receipt"
Open it
Create Request based on Category

Then Add to Cart

The Purchase Requisition has been created and passed Budgetary Control

Ahmed Mokhtar Kaoud

Oracle Principle. Financial & SCM Consultant Page 5
Oracle Fusion Procure to Pay Life Cycle
" Accrue at Receipt"

Submit Purchase Requisition after calculating Revocable & Non Revocable Tax

Ahmed Mokhtar Kaoud

Oracle Principle. Financial & SCM Consultant Page 6
Oracle Fusion Procure to Pay Life Cycle
" Accrue at Receipt"
Purchase Order Dashboard

Import Purchase Requisition and create PO

Ahmed Mokhtar Kaoud

Oracle Principle. Financial & SCM Consultant Page 7
Oracle Fusion Procure to Pay Life Cycle
" Accrue at Receipt"
Total Tax for Revocable & Non Revocable Tax

Purchase Requisition Line

Ahmed Mokhtar Kaoud

Oracle Principle. Financial & SCM Consultant Page 8
Oracle Fusion Procure to Pay Life Cycle
" Accrue at Receipt"
Submit PO for Approval

View Document History

Ahmed Mokhtar Kaoud

Oracle Principle. Financial & SCM Consultant Page 9
Oracle Fusion Procure to Pay Life Cycle
" Accrue at Receipt"
View Budgetary Control (Encumbrance Commitment)

View Budgetary Control (Encumbrance Obligation)

Ahmed Mokhtar Kaoud

Oracle Principle. Financial & SCM Consultant Page 10
Oracle Fusion Procure to Pay Life Cycle
" Accrue at Receipt"
Budget Balance

Create ASBN based on PO Number and AP Invoice Creation Automatically

Billing Information

Ahmed Mokhtar Kaoud

Oracle Principle. Financial & SCM Consultant Page 11
Oracle Fusion Procure to Pay Life Cycle
" Accrue at Receipt"
Receive Shipment & Create Receipt

Submit Receipt

Ahmed Mokhtar Kaoud

Oracle Principle. Financial & SCM Consultant Page 12
Oracle Fusion Procure to Pay Life Cycle
" Accrue at Receipt"
Receipt Accounting - Receipt into Receiving Inspection

Distribution Lines

Ahmed Mokhtar Kaoud

Oracle Principle. Financial & SCM Consultant Page 13
Oracle Fusion Procure to Pay Life Cycle
" Accrue at Receipt"
Journal Entries

Deliver To Expense Destination

Ahmed Mokhtar Kaoud

Oracle Principle. Financial & SCM Consultant Page 14
Oracle Fusion Procure to Pay Life Cycle
" Accrue at Receipt"
AP invoice Created Automatically by ASBN

AP Invoice Lines

Ahmed Mokhtar Kaoud

Oracle Principle. Financial & SCM Consultant Page 15
Oracle Fusion Procure to Pay Life Cycle
" Accrue at Receipt"
After Invoice Validation and Creating Account

PO Status

Ahmed Mokhtar Kaoud

Oracle Principle. Financial & SCM Consultant Page 16
Oracle Fusion Procure to Pay Life Cycle
" Accrue at Receipt"
View Budgetary Control (Encumbrance Obligation)

View Budgetary Control (Actual)

Ahmed Mokhtar Kaoud

Oracle Principle. Financial & SCM Consultant Page 17
Oracle Fusion Procure to Pay Life Cycle
" Accrue at Receipt"
Create Payment

Manage Payments

View Accounting

Ahmed Mokhtar Kaoud

Oracle Principle. Financial & SCM Consultant Page 18
Oracle Fusion Procure to Pay Life Cycle
" Accrue at Receipt"

Thanks
“‫ وانفعني بما علمتني‬،‫"اللهم علمني ما ينفعني‬

Ahmed Mokhtar Kaoud

Oracle Principle. Financial & SCM Consultant Page 19