Describing the Payables Management Process in SAP S/4HANA

Course Overview

• Payables Management Master Data
  • Managing Supplier Master Data
  • Describing Key Elements of Supplier Master Data
  • Explaining Supplier Master Maintenance Methods
• Payables Invoice Processing
  • Processing Incoming Supplier Invoices
  • Streamline Supplier Invoice Processing
  • Understanding the Connection between Payables Management and Materials Management
  • Outlining Payables Key Performance Indicators (KPIs)
• Outgoing Payment Process
  • Outgoing Manual Supplier Invoices
  • Outgoing Automatic Supplier Payments
  • Supplier Payments Monitoring Mechanisms
• Payables Management Period-End Closing Activities
  • Illustrating Payables Management Period-End Closing Activities

Prerequisites

Essential

• Learning Journey Outlining the Financial Accounting Overview in SAP S/4HANA