The purpose of this document is to provide a comprehensive overview of the monthly rent payment process in the context of Material Management (MM) Contract and Service procurement processes, as implemented in SAP. This document is intended for use by personnel involved in managing the rent payment process, including but not limited to procurement specialists, contract administrators, and accounts payable personnel.
The process involves following list of steps;
- Creation of Contract with Vendor – ME31K
- Creation of Purchase order with reference to Contract (Release Order) –ME21N
- Release of Purchase Order – ME28/ME29N
- Creation of Service Entry Sheet – ML81N
- Invoice Receipt – MIRO
- Payment to Vendor – F-53