Sap P2P Interview Questions and Answers

P2P Interview Questions And Answers In Sap

Below are the 12 most commonly asked questions about the P2P (Procure-to-Pay) process in SAP, along with their corresponding answers. These interview questions cover topics such as the p2p cycle in SAP MM, the p2p process in SAP, 2-way matching in accounts payable, and 3-way matching for accounts payable.

How can I get ready for a P2P interview?

Hiring managers may look for several P2P process skills in a candidate. During the interview, consider demonstrating your ability to prepare invoices, manage payments and communicate with suppliers. Explain how you can ensure that procurement activities align with legal requirements.

P2P Cycle Interview Questions and Answers in SAP MM: Top 12 FAQs

P2P (Procure-to-Pay) process in SAP involves the entire procedure of purchasing goods or services from an external supplier, starting from creating a purchase requisition to handling the vendor invoice and making the payment.

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Q2. What are the primary elements of P2P procedure in SAP?

The key elements of the P2P process in SAP include purchase requisition, purchase order, goods receipt, invoice verification, and payment.

Role of SAP MM Module in P2P Process

SAP MM module is essential in the P2P process as it offers features for purchasing and managing inventory.

Q4.How is P2P process integrated with other SAP modules?

The P2P process in SAP is connected with other modules like SAP FICO, SAP SD, and SAP PP to ensure a smooth exchange of information and data throughout the organization.

What is the significance of purchase requisition in SAP P2P process?

In the SAP P2P process, a purchase requisition is a formal request made by an employee within the organization to procure goods or services. This request serves as the starting point for initiating the procurement process.

Q6. SAP: Differentiating between Purchase Order and Purchase Requisition

Answer: Goods receipt in SAP P2P process is the process of recording the delivery of goods from a vendor and updating the SAP system accordingly.

What is invoice verification in the SAP P2P process?

Invoice verification in the SAP P2P process involves cross-checking the invoice received from the vendor with the purchase order and goods receipt to ensure accuracy of the invoice amount.

Role of SAP FICO in P2P Process: Q9

SAP FICO module is involved in the P2P process by offering features for financial accounting control and reporting.

Q10. Why is the P2P process significant in SAP?

The P2P process is an important aspect of SAP as it helps improve the efficiency and effectiveness of procurement. It ensures that products are delivered on time, reduces procurement costs, and enhances overall financial performance.

P2P Interview Questions And Answers In SAP: Q11. 2 Way Matching in P2P (Accounts Payable)

In the SAP system, two-way matching is a common practice that involves a series of steps.

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In order to ensure a smooth and precise procurement process and ensure timely payment to vendors, it is crucial to have a two-way matching system in place.

P2P Interview Questions And Answers: 3 Way Matching in Accounts Payable

In the SAP system, three-way matching is a common practice that involves a series of steps.

Three-way matching is a comprehensive method to verify the accuracy of the procurement process, providing an additional layer of control and safety compared to two-way matching. By including a third validation step, three-way matching guarantees that the procurement process is efficient, successful, and precise, while also ensuring that the vendor receives the correct payment.

– Steps to generate a Request for Quotation in SAP MM

– Procedure to create a Purchase Requisition in SAP MM using transaction code ME51N

– Process of performing MIGO (Material Document) in SAP

This section focuses on the top 12 interview questions and answers related to the p2p cycle in SAP. These questions can be helpful for individuals seeking their desired job in this field. In our upcoming blog, we will explore other aspects of the process involved in the p2p cycle within SAP. To stay updated with more content, please follow us on Twitter at

P2P Interview Questions and Answers: An Overview

Frequently asked questions in P2P interviews often revolve around topics such as 2-way, 3-way, and 4-way matching. These terms refer to different methods of comparing purchase orders, invoices, and receipts to ensure accuracy and completeness in the procurement process. Another common question is about approval hierarchies, which are organizational structures that determine who has the authority to approve various transactions within a company.

Another important topic is receipt routing, which involves determining how goods or services are received by an organization. This can include options such as receiving directly at the warehouse or through inspection points before reaching their final destination. Understanding this process helps ensure efficient handling of incoming items.

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Additionally, interviewers may ask candidates about entering supplier acceptance of a purchase order (PO). Supplier acceptance confirms that the supplier agrees with all terms and conditions stated in the PO. Candidates should be familiar with how this information is recorded in SAP systems and understand its significance for maintaining accurate records.

The functionality of SAP P2P

Procure-to-pay is the process of integrating purchasing and accounts payable systems to create greater efficiencies. It exists within the larger procurement management process and involves four key stages: Selecting goods and services.

Understanding a 3 way match in P2P

Three-way match is the process of comparing the purchase order, invoice, and goods receipt to make sure they match, prior to approving the invoice. This ensures that the customer’s order, the supplier’s delivery, and the goods receipt note (GRN) all reflect the same information.

Understanding the concept of 2 way, 3 way, and 4 way matching in accounts payable

The 2-way matching process in SAP refers to the process of comparing and verifying the purchase order and invoice. This means that the system checks if the details on the invoice match those specified in the purchase order. If everything aligns correctly, then this is considered a successful 2-way match.

– The 2-way matching process compares purchase orders with invoices.

Understanding the concept of accounts payable 2 way matching

Two-way matching, also known as purchase order matching, is a process that checks for discrepancies between the invoice and the purchase order (PO), comparing specific details on both documents within the invoice processing function. Only once this step is completed is the invoice approved, paid, or denied.

What does P2P skills mean?

This solution helps businesses automate purchasing and payment procedures. It is a complete solution that covers everything, including supplier administration, buying order formulation, receiving, processing invoices, and payment execution.