The procurement cycle begins with purchasing and ends with payment for goods supplied. First there is an order for the purchase of goods by a company, to this effect a purchase order is created in the system, for example the company wants to buy raw materials that will later be used for production. After the order is placed or received by the vendor, the goods are later delivered, accompanied by a delivery note. To replicate this scenario in the system, a goods receipt is posted. Finally, the vendor sends an invoice for the goods supplied and the company has to settle the pending invoice hence an invoice verification is posted in the system.