RE:[sap-acct] Cash purchase and purchase requisition

Posted by wnash7658 (SAP Specialist and Project Leader)
on Jul 30 at 9:40 AM
I suppose the following, based on process of a previous client:-

You can create a vendor for the purchase and the PI party is the petty cash vendor. The office in charge of the petty cash gives you the money and you purchase the goods.

You return with the goods and do a GR and then IV is then made to the petty cash vendor

Issue Cash:-
CR Petty Cash
DR Petty Cash Issued

MM-IV:-
DR Expense (Conference / Meeting Costs)
CR Petty Cash Vendor

Posting With Clearing Transaction:-
DR Petty Cash Vendor
CR Petty Cash Issued

Depending on the vendor and as petty cash is considered to be low value, you could do the above wherein F-53 you use the petty cash GL account and then the DR/CR would change as the payment is happening at the end. But based on my history petty cash is issued and paid to vendor on the spot.

Regards,

Waza

---------------Original Message---------------
From: morise nyas
Sent: Friday, July 29, 2011 1:18 PM
Subject: Cash purchase and purchase requisition

Hi experts,

I need to know if there is a process of managing purchase requisition when using petty cash.

Cheers,

MT

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