Lesson 5: Procure To Pay(P2P) Cycle Configuration and complete flow in Oracle Fusion

 Lesson 5: Procure To Pay(P2P) Cycle Configuration and complete flow in Oracle Fusion

Hi friends , so this is the fifth lesson of our Procure To Pay(P2P) configurations learning series in Oracle Fusion. In Lesson 5, we will Discuss and perform the Common Procurement Configurations & setups in Oracle Fusion. In this post , We will continue to create the Business Unit for Procurement setup. In last post , we have created the Location for Procurement setup and was in middle of creating Business unit in oracle fusion.

Common Procurement Configurations 

In this post , We will Perform the below Common Procurement configuration tasks. We need to perform these below tasks for procurement setups in oracle fusion.

• Create Location ( Completed in Last Post).
• Create Business Unit (Continue from Last Post).
• Create Inventory Org 
• Configure Business Unit 
• Manage Receiving parameters 

Creating Business Unit in Oracle Fusion

In last post, We have started creating business unit in oracle fusion. We have complete 6 steps in creating business unit in oracle fusion. In this post , We will continue from step 6.

Step 7:- We need to add the following Business Unit Functions by selecting the respective check boxes in the setup as below.

• Requisitioning  Functions
• Procurement 
• Receiving 
• Procurement Contract Management 
• Materials Management 
• Payables Invoicing 
• Payables Payment 

Under Financial Reporting Options

 Select Primary Ledger  : ABC Primary Ledger (Created Earlier).

 Select Default Legal Entity : ABC legal entity (Created Earlier).

Step 8:- Click Save and Close 

Observe that the scope of all related tasks is automatically set to your business unit

Select the Manage Business Unit Set Assignment Task.

Step 9:-

Adjust the Reference Data Set Codes

 Step 10:-

Click on Save and Close 

Select Manage Service Provider Relationships Task 

In the Manage Service Providers Page , under “Procurement Service Providers” check that your Business Unit is added 

Optionally you can search and add 'ABC Business Unit '

Review the Business units added and make sure the Active check box is enabled.

Click Save and Close 

To Start this Free Online cause to learn P2P flow configurations and Test flows , Please go to the Lesson 6 as below.

In the next Lesson , We will create the Inventory Org in Oracle Fusion, so please tune with us.