GFEBS > EXAM > GFEBS Spending Chain Manage Purchase Requisitions Course Brand NEW | Latest 2023-2024 | Complete Qu (All)

GFEBS Spending Chain Manage Purchase Requisitions Course Brand NEW | Latest 2023-2024 | Complete Questions & Answers (Solved)

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1. Spending Chain is made up of two sub-processes:Answer: •The Acquisition Process is made up of the Material Master Data, the Vendor Master Data and the Procurement of Goods or Services. •T... he Accounts Payable Process is made up of Post Invoice and Payment Pro- grams. 2. Material and Vendor Master Data Answer: The first step in the Acquisition Process is Material and Vendor Master Data. This lesson walks GFEBS Users through the creation and maintenance of master data as it relates to Spending Chain. It also covers the management of the master data and our system partners which create and update the data and the situations in which manual creation and updates occur. The following topics are covered in the course: •Maintenance and Application of Material Master Data •Material groups •Inbound Vendor Master from AESIP & CEFT •Vendor Accounts Groups and Numbering •Create and Change Vendor 3. Manage Purchase Requisition Answer: Once the Material and Vendor Master Data is created a user can proceed to the next step in the process, the Managing Purchase Requisitions lesson. This lesson introduces you to the various scenarios which will require a purchase requisitions in GFEBS. The following topics are discussed: •Create Purchase Requisitions •Purchase Requisitions types •Change Purchase Requisitions •Funding Modifications •Purchase Requisition Approval Workflow [Show More]

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