Ensure the following are properly setup for the P to P Life Cycle.

( mainly payables as purchasing

is covered)
-

All Payment terms

Financial Options
Payable options
All Currencies and Suppliers ( incl. 1099 suppliers)
Employee expense report templates for covering all expenses like meals, car rental, air fare
etc.,
All Invoice taxes, USE taxes, VAT taxes and Withholding taxes
Invoice accounting & payment accounting ( at issue time or clearing time or both)
Customised reports
Check for transfer to GL and to Cash management
All payment formats and payment documents
All bank accounts Internal and Supplier
If bank to bank transfer, check for Electronic data interface.
All distribution sets for distributing the header amount to various beneficiary departments.
Special calendars for Recurring Invoice,Withholding taxes and Payment terms.
Check for automated Evaluated Receipt settlement for Pay on Receipt and Pay on use
( Self billing)
Tolerances for Quantity, price, tax, exchange rates etc.,
Standard attachments to Requisitions, Purchase orders, etc.
Check for Jobs, positions, hierarchies, approval groups, approval assignments, document
types and buyers.
Look up codes for Quote approval reasons, Inspection codes, reply via, acceptance types,
freight terms, FOB, UN numbers, hazard class etc.,
Invoice hold and release names.
Check account generators for Charge, accrual, budget and variance accounts defaulting
into purchase orders.
Ensure period opening of GL, Inv, PO and Payable modules.

Perform the following tests before calling the client

-

Make a check by creating a std invoice with diff currency and pay thro payment work
bench. Verify the Suppliers book of accounts for both Invoice and payment accounting.
Check for PO default and Quick match for both PO match and Receipt match options
selected in Purchase orders.
Check for pre-payment and adjustment against unpaid invoices.
Check for Debit memo, credit memo and mixed invoices and verify our liability getting
reduced in the outstanding dues to supplier.
Check for price correction and matching to another invoice.
Check for distribution getting created by manual entry, PO match, Receipt match, Invoice
match and by matching methods ( Distribution set, allocation, invoice validation process[at
the time of withholding tax entry] and Price correction)
Check for taxes incl. WHT getting created in distributions
Check batch payments.
Printing of cheques.
Creation of automatic Interest invoice for delayed payments.