Understanding the Significance of Purchase Requisition in SAP ECC

To ensure the efficient functioning of an organization, the identification of necessary materials and services, along with determining their sources, is vital. The process begins with the creation of a Purchase Requisition, a request document that outlines the required materials, services, delivery dates, and quantities. This document seeks approval from the purchasing department within the organization.

Types of Purchase Requisitions and their Implications

The Purchase Requisition in SAP ECC caters to various procurement types.

1. Standard: Getting finished material from the vendor.
2. Subcontracting: Providing raw material to the vendor and getting finished material.
3. Consignment: Procuring material that is kept in the company’s premises and paying to the vendor for that.
4. Stock transfer: Getting material from within the organization.
5. External service: Getting services like maintenance from a third-party vendor.

Each type serves a specific purpose, whether it involves acquiring finished materials from a vendor or obtaining services from a third-party entity.

The Conversion: From Purchase Requisition to Purchase Order

Once the Purchase Requisition gains approval from the purchasing department, it evolves into a Purchase Order. This external document delineates the buyer’s interest in purchasing a specified quantity of materials at an agreed-upon price from a particular vendor. SAP ECC facilitates this transition seamlessly through transaction codes like ME51N and ME21N.

Step-by-Step Guide to Creating Purchase Requisition and Purchase Order

Now the rest of the steps involved in both creating a Purchase Requisition and converting it into a Purchase Order within SAP ECC are listed. It provides a clear, concise walkthrough, ensuring readers understand the process comprehensively. The instructions are broken down into simple steps, making it user-friendly for individuals working within the SAP ECC environment.

Conclusion: Empowering Efficient Procurement in SAP ECC

In conclusion, the significance of Purchase Requisitions in streamlining procurement processes within SAP ECC is paramount. It underscores the importance of following the outlined steps to facilitate a smooth transition from requisition to order, ensuring timely and accurate procurement of materials and services.

All About Purchase Requisition in SAP ECC