This document provides a question and answer bank on materials management topics organized into four sections: general master data, purchasing, inventory, and valuation and physical inventory. The questions cover topics such as organizational units, master data, purchasing documents, inventory transactions, and more. Definitions and explanations are provided for key terms and processes.
Refresher of basic Materials Management terms. Sometimes the simple things are all that matters. These slides are easy to understand and would remind you what SAP MM is all about.
Enroll now for SAP MM course at best SAP training and placement institute in Pune. Learn from industry experts and become an expert in SAP Material Management.
MM closing means materials documents can no longer be posted, as there are two open periods in MM - current and previous. FI open period allows FI documents to be posted. You can restrict posting to previous periods for some accounts, like materials, to prevent MM posting until all FI documents are finished. The difference between a blanket purchase order and framework order is that a blanket PO is for consumables with a short validity period and no master record needed, while a framework order has a document type of FO and does not require goods receipt or service entry as blanket POs set purchase limits but not specific deliveries.
Finding innovative methods and exploring & creating strategic plans and tactics.Mueen Yousuf
This document discusses creating strategic plans and tactics for procurement. It explains that procurement plans are based on the strategic plans of different organizational functions like finance, manufacturing, sales and marketing. Procurement must anticipate conditions in the marketplace and formulate strategies to support internal needs and react to changing supply and demand. Effective strategy aligns procurement with these internal strategies and external market conditions through long and short-term commodity plans. The document also covers contents of purchase orders, types of purchase requests, bills of materials, and order placement formats.
Sap mm-interview-questions-answers-and-explanationstianlianyuan
This document provides an overview and table of contents for a book titled "SAP MM Certification Questions, Answers, and Explanations" by Jordan Schliem. The book contains 97 questions and answers related to SAP MM (Materials Management) module aimed at helping readers prepare for certification exams or interviews. It is divided into three main sections: conceptual questions, configuration questions, and practical/troubleshooting questions. The introductory sections provide information on the book's author and publisher, as well as copyright details. The document outlines the various chapters and gives a brief preview of the types of questions included in each section.
Top 25 SAP MM Interview Questions & Answers | IQ Online TrainingIQ Online Training
If you're in search of SAPMM Interview Questions to crack your interview rounds then you are at the right place. Here are the frequently asked SAP MM interview question & answers.
SAP is the world's leading enterprise management suite. SAP MM or SAP Material Mangement is a vital tool of the SAP ERP module. A robust module SAP MM encompasses different aspects of material management including functions like goods receivables, invoicing and billing, material usage and consumption among others.
This document provides configuration steps for SAP MM including:
1. Defining the valuation level, plants, storage locations, and purchasing organizations in the enterprise structure.
2. Assigning plants to company codes, purchasing organizations to company codes and plants, and standard purchasing organizations.
3. Configuring material master fields, number ranges, messages, and material types.
4. Activating MRP for specific areas and defining attributes for consumption-based planning and purchasing functionality.
This document provides an overview of essential master data maintenance in SAP MM, including materials, services, vendors, requests for quotations, outline agreements, source lists, purchasing info records, pricing conditions, and message conditions. It describes the different transaction codes used to maintain each master data area and highlights important fields and dependencies.
Refresher of basic Materials Management terms. Sometimes the simple things are all that matters. These slides are easy to understand and would remind you what SAP MM is all about.
Enroll now for SAP MM course at best SAP training and placement institute in Pune. Learn from industry experts and become an expert in SAP Material Management.
MM closing means materials documents can no longer be posted, as there are two open periods in MM - current and previous. FI open period allows FI documents to be posted. You can restrict posting to previous periods for some accounts, like materials, to prevent MM posting until all FI documents are finished. The difference between a blanket purchase order and framework order is that a blanket PO is for consumables with a short validity period and no master record needed, while a framework order has a document type of FO and does not require goods receipt or service entry as blanket POs set purchase limits but not specific deliveries.
Finding innovative methods and exploring & creating strategic plans and tactics.Mueen Yousuf
This document discusses creating strategic plans and tactics for procurement. It explains that procurement plans are based on the strategic plans of different organizational functions like finance, manufacturing, sales and marketing. Procurement must anticipate conditions in the marketplace and formulate strategies to support internal needs and react to changing supply and demand. Effective strategy aligns procurement with these internal strategies and external market conditions through long and short-term commodity plans. The document also covers contents of purchase orders, types of purchase requests, bills of materials, and order placement formats.
Sap mm-interview-questions-answers-and-explanationstianlianyuan
This document provides an overview and table of contents for a book titled "SAP MM Certification Questions, Answers, and Explanations" by Jordan Schliem. The book contains 97 questions and answers related to SAP MM (Materials Management) module aimed at helping readers prepare for certification exams or interviews. It is divided into three main sections: conceptual questions, configuration questions, and practical/troubleshooting questions. The introductory sections provide information on the book's author and publisher, as well as copyright details. The document outlines the various chapters and gives a brief preview of the types of questions included in each section.
Top 25 SAP MM Interview Questions & Answers | IQ Online TrainingIQ Online Training
If you're in search of SAPMM Interview Questions to crack your interview rounds then you are at the right place. Here are the frequently asked SAP MM interview question & answers.
SAP is the world's leading enterprise management suite. SAP MM or SAP Material Mangement is a vital tool of the SAP ERP module. A robust module SAP MM encompasses different aspects of material management including functions like goods receivables, invoicing and billing, material usage and consumption among others.
This document provides configuration steps for SAP MM including:
1. Defining the valuation level, plants, storage locations, and purchasing organizations in the enterprise structure.
2. Assigning plants to company codes, purchasing organizations to company codes and plants, and standard purchasing organizations.
3. Configuring material master fields, number ranges, messages, and material types.
4. Activating MRP for specific areas and defining attributes for consumption-based planning and purchasing functionality.
This document provides an overview of essential master data maintenance in SAP MM, including materials, services, vendors, requests for quotations, outline agreements, source lists, purchasing info records, pricing conditions, and message conditions. It describes the different transaction codes used to maintain each master data area and highlights important fields and dependencies.
SAP Material Managament Class 1 SampleRobert Joyce
The document discusses key concepts in SAP related to procurement processes. It describes the SAP GUI and how users log on and navigate within SAP. It then explains the various steps in the procurement cycle from determining requirements, selecting suppliers, creating purchase orders, goods receipt, invoice verification, and payment processing. It also defines different types of procurement processes and discusses organizational units within SAP like clients, company codes, plants, purchasing organizations, and how they relate to each other.
This document provides an overview of SAP MM (Materials Management) and key concepts in SAP MM such as the organizational structure, procurement process, and configuration. Some key points:
1. SAP MM deals with material management and inventory management processes to ensure adequate materials and a smooth supply chain. It supports procurement, master data, inventory management, and other functions.
2. The organizational structure in SAP MM includes levels like client, company code, plant, storage location, and purchasing organization/group. These levels are defined through configuration.
3. The procurement process involves activities from identifying requirements to supplier contact, ordering, fulfillment, and payment. It can be for stock, consumption, or through
The document provides an overview of organizational structures in SAP R/3 Materials Management (MM) module. It discusses key MM concepts like clients, company codes, plants, purchasing organizations, and storage locations. It also describes how these organizational units are arranged hierarchically and how they determine tasks and responsibilities in the SAP system. The document explains how basic master data like vendors and materials form the foundation for key MM processes like purchasing, goods receipt, and inventory management.
Materials management ensures adequate supply of materials through procurement and inventory management. It aims to have the right quality and quantity of supplies at the right time, place, and cost. The key functions include purchasing, inventory management, master data, and MRP. Purchasing involves acquiring external goods and services. Inventory management deals with stock levels. Master data contains item and supplier information. MRP monitors stock levels and triggers automatic requisitions. Other areas like contracts, purchasing documents, the procurement cycle, and integration with other SAP modules are also covered.
This document provides an overview of ASAP's business blueprint for Crescent Pharmaceuticals' sales and distribution processes. It outlines the objective to map current business scenarios to SAP in order to configure the necessary processes. The methodology follows ASAP with documentation of current processes, gap analysis, and configuration. Key processes covered include sales orders, deliveries, billing, pricing, credit management, returns, and master data for customers and materials.
The document discusses the procurement process in SAP, which includes creating a purchase requisition, purchase order, goods receipt, invoice receipt, and payment. It also describes key master data used in procurement, including vendor master data, material master data, and purchasing info records, which provide pricing and delivery information for a specific material and vendor. The purchasing info record can be manually created or automatically generated from a purchase order.
SAP master data records like vendor master records and material master records are important for procurement processes. Vendor master records contain vendor details like addresses, payment terms, and contacts. Material master records are the main source of a company's material data used in areas like purchasing, inventory, and invoices. Both vendor and material master records can be created and changed at different organizational levels in SAP using transaction codes.
This document provides an overview of SAP SD configuration including defining enterprise structures such as sales organizations, document types, and pricing controls. It outlines how to configure sales offices, groups, distribution channels, and assign these elements. It also describes setting up reasons for rejection, condition tables for pricing, and other sales processes like credit control and inter-company sales. The overview spans over 100 pages and covers major areas of sales order processing in SAP.
This document defines key organizational structures and terms used in SAP R/3 systems for managing materials. It describes clients, company codes, plants, storage locations, and how material master records are used to store all necessary information for managing a material, including material numbers which uniquely identify each material. It also outlines industry sectors, material types, and some standard material types like finished products, semifinished products, and raw materials.
1. The document discusses various sales order and distribution related concepts in SAP SD including drop shipments, sales areas, picking locations, customization vs configuration, shipping points, smart forms, sales document structure, plant determination, billing without delivery, sales deals, pricing date, account groups, item categories, project IMG, extending materials and customers to other sales areas, multiple deliveries, EDI usage, copy controls, schedule line categories, blocking sales documents, reconciliation vs normal accounts, access sequences, types of free goods, the 16 steps in a pricing procedure, differences between plants and storage locations, the sales order cycle, and the relationship between sales organizations and company codes.
2. It also provides explanations for concepts
This document provides an overview and outline of topics to be covered in an SAP MM (Materials Management) tutorial. The tutorial will cover SAP MM modules and concepts like enterprise structure, master data, procurement cycle, pricing procedures, inventory management, and integration with FI (Financial Accounting). It lists 13 specific sections that will be included, such as creation of organizational units in the enterprise structure, material and vendor master data, purchase requisition and order processing, goods receipt and issue, physical inventory, and special stocks/scenarios. Screenshots will also be provided to demonstrate the SAP MM modules.
We are the leading training institute in Chennai providing you the real time and advance level SAP MM Training in Chennai from the best SAP MM Consultants
The document provides an overview of organizational structures in SAP's Materials Management (MM) module. Key points include:
- The MM module deals with materials procurement and is integrated with other modules like Production Planning and Financials.
- Organizational units in the MM structure include clients, company codes, plants, storage locations, and purchasing organizations.
- A client is the highest level unit that stores master data, while a company code represents an accounting unit within a client.
- Multiple company codes can be assigned to a single chart of accounts, but each plant can only be assigned one company code.
The document provides an overview of key concepts in SAP MM/WM including:
1) Purchase orders are used to request materials or services from vendors and can be controlled with release procedures. Account assignment and item categories are important fields.
2) Contracts specify quantity or value agreements with vendors and do not include delivery dates. Release orders are created against contracts.
3) Scheduling agreements specify order quantities, prices, and delivery schedules to reduce paperwork between a company and its vendors.
4) Condition techniques determine pricing and costs by searching condition tables, types, and records based on a defined access sequence.
5) Partner functions define the roles and responsibilities of individuals involved in business processes, such as ordering, supplying,
This document provides an overview of the different views in the Material Master in SAP, including basic views, classification views, sales organization views, MRP views, and other views. It describes the key fields in each view, what data they contain, and how they impact business processes in areas like sales, purchasing, production, and accounting. The document is a tutorial with over 7,000 words that serves as a guide to properly configuring material master records in an SAP system.
MM provides inventory management and procurement functionality in SAP. It handles material master data, purchasing information, inventory valuation and goods movements. Organizational structures include company codes, plants, storage locations and valuation areas. Key documents include purchase orders, goods receipts, transfers and issues. Goods are valued using standard or moving average pricing at the plant level in different valuation areas. Special stock types track consignment, blocked or quality materials.
Master data represents core shared business objects in SAP systems. Vendor and material master data are examples of important master data used as a base for transactions. Maintaining accurate master data improves transaction performance by reducing manual data entry. Vendor master records contain general, company code, and purchasing organization data about a vendor. One-time vendors require address entry during transactions since their data is not prefilled from a master record. Reconciliation accounts integrate subledger transactions to the general ledger. Partner roles define relationships between a vendor and other entities involved in transactions.
The document proposes a new sales and inventory system for DanPro Ink Masters to address problems with their current system. The key aspects of the proposed system include:
1) Developing an inventory management system that allows users to view, search, add, update and view stock items.
2) Developing a sales management system that allows users to view item availability, create new sales orders, and generate sales reports.
3) Developing a returned items system to record defective items returned by customers.
The proposed system aims to provide a more organized, secure and efficient system for managing inventory, sales and returns compared to the company's current process. Physical and logical data models and use case diagrams are included to
El documento describe los diferentes tipos de discos duros, incluyendo sus componentes, características y estándares de interfaz. Explica que un disco duro es un dispositivo de almacenamiento no volátil que utiliza grabación magnética para almacenar datos de forma permanente, y que existen diferentes tipos como IDE, SATA y SCSI.
The document discusses various technologies that can be used in physical education, including video cameras, MP3 players, mobile phones, YouTube, Google Docs, Skype, and Posterous. Specifically, it provides examples of how each technology can be utilized, such as using video cameras to film and analyze techniques, MP3 players to create lesson podcasts, mobile phone calendars and stopwatches to organize sessions, and Google Docs and Skype to connect with other classes and experts around the world. The overall message is that these emerging technologies are tools that can help explore and enhance physical activity learning when used appropriately in the physical education classroom.
SAP Material Managament Class 1 SampleRobert Joyce
The document discusses key concepts in SAP related to procurement processes. It describes the SAP GUI and how users log on and navigate within SAP. It then explains the various steps in the procurement cycle from determining requirements, selecting suppliers, creating purchase orders, goods receipt, invoice verification, and payment processing. It also defines different types of procurement processes and discusses organizational units within SAP like clients, company codes, plants, purchasing organizations, and how they relate to each other.
This document provides an overview of SAP MM (Materials Management) and key concepts in SAP MM such as the organizational structure, procurement process, and configuration. Some key points:
1. SAP MM deals with material management and inventory management processes to ensure adequate materials and a smooth supply chain. It supports procurement, master data, inventory management, and other functions.
2. The organizational structure in SAP MM includes levels like client, company code, plant, storage location, and purchasing organization/group. These levels are defined through configuration.
3. The procurement process involves activities from identifying requirements to supplier contact, ordering, fulfillment, and payment. It can be for stock, consumption, or through
The document provides an overview of organizational structures in SAP R/3 Materials Management (MM) module. It discusses key MM concepts like clients, company codes, plants, purchasing organizations, and storage locations. It also describes how these organizational units are arranged hierarchically and how they determine tasks and responsibilities in the SAP system. The document explains how basic master data like vendors and materials form the foundation for key MM processes like purchasing, goods receipt, and inventory management.
Materials management ensures adequate supply of materials through procurement and inventory management. It aims to have the right quality and quantity of supplies at the right time, place, and cost. The key functions include purchasing, inventory management, master data, and MRP. Purchasing involves acquiring external goods and services. Inventory management deals with stock levels. Master data contains item and supplier information. MRP monitors stock levels and triggers automatic requisitions. Other areas like contracts, purchasing documents, the procurement cycle, and integration with other SAP modules are also covered.
This document provides an overview of ASAP's business blueprint for Crescent Pharmaceuticals' sales and distribution processes. It outlines the objective to map current business scenarios to SAP in order to configure the necessary processes. The methodology follows ASAP with documentation of current processes, gap analysis, and configuration. Key processes covered include sales orders, deliveries, billing, pricing, credit management, returns, and master data for customers and materials.
The document discusses the procurement process in SAP, which includes creating a purchase requisition, purchase order, goods receipt, invoice receipt, and payment. It also describes key master data used in procurement, including vendor master data, material master data, and purchasing info records, which provide pricing and delivery information for a specific material and vendor. The purchasing info record can be manually created or automatically generated from a purchase order.
SAP master data records like vendor master records and material master records are important for procurement processes. Vendor master records contain vendor details like addresses, payment terms, and contacts. Material master records are the main source of a company's material data used in areas like purchasing, inventory, and invoices. Both vendor and material master records can be created and changed at different organizational levels in SAP using transaction codes.
This document provides an overview of SAP SD configuration including defining enterprise structures such as sales organizations, document types, and pricing controls. It outlines how to configure sales offices, groups, distribution channels, and assign these elements. It also describes setting up reasons for rejection, condition tables for pricing, and other sales processes like credit control and inter-company sales. The overview spans over 100 pages and covers major areas of sales order processing in SAP.
This document defines key organizational structures and terms used in SAP R/3 systems for managing materials. It describes clients, company codes, plants, storage locations, and how material master records are used to store all necessary information for managing a material, including material numbers which uniquely identify each material. It also outlines industry sectors, material types, and some standard material types like finished products, semifinished products, and raw materials.
1. The document discusses various sales order and distribution related concepts in SAP SD including drop shipments, sales areas, picking locations, customization vs configuration, shipping points, smart forms, sales document structure, plant determination, billing without delivery, sales deals, pricing date, account groups, item categories, project IMG, extending materials and customers to other sales areas, multiple deliveries, EDI usage, copy controls, schedule line categories, blocking sales documents, reconciliation vs normal accounts, access sequences, types of free goods, the 16 steps in a pricing procedure, differences between plants and storage locations, the sales order cycle, and the relationship between sales organizations and company codes.
2. It also provides explanations for concepts
This document provides an overview and outline of topics to be covered in an SAP MM (Materials Management) tutorial. The tutorial will cover SAP MM modules and concepts like enterprise structure, master data, procurement cycle, pricing procedures, inventory management, and integration with FI (Financial Accounting). It lists 13 specific sections that will be included, such as creation of organizational units in the enterprise structure, material and vendor master data, purchase requisition and order processing, goods receipt and issue, physical inventory, and special stocks/scenarios. Screenshots will also be provided to demonstrate the SAP MM modules.
We are the leading training institute in Chennai providing you the real time and advance level SAP MM Training in Chennai from the best SAP MM Consultants
The document provides an overview of organizational structures in SAP's Materials Management (MM) module. Key points include:
- The MM module deals with materials procurement and is integrated with other modules like Production Planning and Financials.
- Organizational units in the MM structure include clients, company codes, plants, storage locations, and purchasing organizations.
- A client is the highest level unit that stores master data, while a company code represents an accounting unit within a client.
- Multiple company codes can be assigned to a single chart of accounts, but each plant can only be assigned one company code.
The document provides an overview of key concepts in SAP MM/WM including:
1) Purchase orders are used to request materials or services from vendors and can be controlled with release procedures. Account assignment and item categories are important fields.
2) Contracts specify quantity or value agreements with vendors and do not include delivery dates. Release orders are created against contracts.
3) Scheduling agreements specify order quantities, prices, and delivery schedules to reduce paperwork between a company and its vendors.
4) Condition techniques determine pricing and costs by searching condition tables, types, and records based on a defined access sequence.
5) Partner functions define the roles and responsibilities of individuals involved in business processes, such as ordering, supplying,
This document provides an overview of the different views in the Material Master in SAP, including basic views, classification views, sales organization views, MRP views, and other views. It describes the key fields in each view, what data they contain, and how they impact business processes in areas like sales, purchasing, production, and accounting. The document is a tutorial with over 7,000 words that serves as a guide to properly configuring material master records in an SAP system.
MM provides inventory management and procurement functionality in SAP. It handles material master data, purchasing information, inventory valuation and goods movements. Organizational structures include company codes, plants, storage locations and valuation areas. Key documents include purchase orders, goods receipts, transfers and issues. Goods are valued using standard or moving average pricing at the plant level in different valuation areas. Special stock types track consignment, blocked or quality materials.
Master data represents core shared business objects in SAP systems. Vendor and material master data are examples of important master data used as a base for transactions. Maintaining accurate master data improves transaction performance by reducing manual data entry. Vendor master records contain general, company code, and purchasing organization data about a vendor. One-time vendors require address entry during transactions since their data is not prefilled from a master record. Reconciliation accounts integrate subledger transactions to the general ledger. Partner roles define relationships between a vendor and other entities involved in transactions.
The document proposes a new sales and inventory system for DanPro Ink Masters to address problems with their current system. The key aspects of the proposed system include:
1) Developing an inventory management system that allows users to view, search, add, update and view stock items.
2) Developing a sales management system that allows users to view item availability, create new sales orders, and generate sales reports.
3) Developing a returned items system to record defective items returned by customers.
The proposed system aims to provide a more organized, secure and efficient system for managing inventory, sales and returns compared to the company's current process. Physical and logical data models and use case diagrams are included to
El documento describe los diferentes tipos de discos duros, incluyendo sus componentes, características y estándares de interfaz. Explica que un disco duro es un dispositivo de almacenamiento no volátil que utiliza grabación magnética para almacenar datos de forma permanente, y que existen diferentes tipos como IDE, SATA y SCSI.
The document discusses various technologies that can be used in physical education, including video cameras, MP3 players, mobile phones, YouTube, Google Docs, Skype, and Posterous. Specifically, it provides examples of how each technology can be utilized, such as using video cameras to film and analyze techniques, MP3 players to create lesson podcasts, mobile phone calendars and stopwatches to organize sessions, and Google Docs and Skype to connect with other classes and experts around the world. The overall message is that these emerging technologies are tools that can help explore and enhance physical activity learning when used appropriately in the physical education classroom.
Birth Defects was written for healthcare workers who look after individuals with birth defects, their families, and women who are at increased risk of giving birth to an infant with a birth defect. This book is being used in the Genetics Education Programme which trains healthcare workers in genetic counselling in South Africa. It covers: modes of inheritance, medical genetic counselling, birth defects due to chromosomal abnormalities, single gene defects, teratogens, multifactorial inheritance
Este documento analiza cómo las políticas públicas neoliberales en Colombia han contribuido a la producción de pobreza y desigualdad en el país. Explica que las políticas de "seguridad democrática" del gobierno Uribe (2002-2010) favorecieron principalmente a las élites y no abordaron adecuadamente el problema de la pobreza. Esto llevó a un aumento en la brecha entre ricos y pobres, con sólo pequeñas reducciones en los índices de pobreza. También describe cómo la pobreza se reproduce a nivel
Este documento describe los discos duros, incluyendo su estructura física, especificaciones clave como la capacidad y velocidad, tipos de interfaces como ATA, SATA y SCSI, y los principales fabricantes. También discute las barreras históricas del tamaño de los discos y prevé que los discos de estado sólido eventualmente reemplazarán a los discos duros tradicionales debido a su mayor velocidad y fiabilidad.
La franquicia Don Boletón ofrece franquicias individuales y regionales para la venta de boletos de espectáculos. Los franquiciatarios reciben la marca, capacitación, asistencia continua y acceso a software para vender boletos de manera electrónica a cambio de una cuota inicial, regalías e inversiones a partir de $480,000 pesos mexicanos. La franquicia ofrece un retorno de inversión de 22 meses.
This document summarizes the new features in version 1.3.0 of the Screenpresso screen capturing software. Key updates include the ability to automatically capture scrolling windows, improved options for capturing videos including highlighting mouse clicks and zooming, an automated MP4 conversion process, and additional sharing integrations like Dropbox, Jira, Imgur, and Evernote. Minor improvements have also been made to the capturing, editing, and sharing workflows.
This document provides guidance on maintaining a Facebook page for long-term success. It discusses converting a personal profile to a business page for access to marketing tools. Key recommendations include assigning admin roles and responsibilities, establishing social media policies in writing, and holding regular training to align page voice and content. The goal is to empower page admins while preventing conflicts through open communication and consistent guidelines.
If you're in search of SAPMM Interview Questions to crack your interview rounds then you are at the right place. Here are the frequently asked SAP MM interview question & answers.
SAP is the world's leading enterprise management suite. SAP MM or SAP Material Mangement is a vital tool of the SAP ERP module. A robust module SAP MM encompasses different aspects of material management including functions like goods receivables, invoicing and billing, material usage and consumption among others.
Prepare for your interview with these top 20 SAP SD interview questions. For more IT Profiles, Sample Resumes, Practice exams, Interview Questions, Live Training and more…visit ITLearnMore – Most Trusted Website for all Learning Needs by Students, Graduates and Working Professionals.
Looking to add weight to your resume? Check out for ITLearnmore for varied online IT courses at affordable prices intended for career boost. There is so much in store for both fresh graduates and professionals here. Hurry up..! Get updated with the current IT job market requirements and related courses. For more information visit http://www.ITLearnMore.com.
This document contains 25 questions and answers about SAP MM (Materials Management) module. Some key topics covered include the full life cycle implementation in SAP BW, price determination process in SAP MM, activities done in the MM implementation, steps in the sales process up to invoicing, using transaction codes to view stock data, retrieving sales order numbers from delivery orders, the relationship between MM, SD and FI/CO modules, types of special stocks, consignment stock, subcontracting cycle, profit center accounting and internal orders in controlling.
Prepare for your interview with these top 20 SAP MM interview questions. For more IT Profiles, Sample Resumes, Practice exams, Interview Questions, Live Training and more…visit ITLearnMore – Most Trusted Website for all Learning Needs by Students, Graduates and Working Professionals.
Looking to add weight to your resume? Check out for ITLearnmore for varied online IT courses at affordable prices intended for career boost. There is so much in store for both fresh graduates and professionals here. Hurry up..! Get updated with the current IT job market requirements and related courses. For more information visit http://www.ITLearnMore.com.
1. The document discusses various SAP SD questions and answers related to concepts like drop shipment, sales area, picking location rule MALA, customization vs configuration, delivery without shipping point, smart forms, sales document structure, and more.
2. It also includes explanations of sales deals, pricing date in condition type, account group control of customers, item category and usage, need for project IMG, assigning sales organization to plant, extending material and customers to other sales areas, and processing outbound deliveries without shipping point.
3. The questions cover additional topics such as field selection customization in account groups, condition indexes, releasing change requests, product attributes, multiple packing for delivery, EDI usage, extending
The document describes the sales and distribution process for a company. It covers organizational structures like sales offices and credit control areas. It also details master data including materials, customers, and pricing. The main business processes covered are standard order fulfillment, B2B scenarios, returns, debit/credit memos, and made-to-order processes. Key steps include quotation creation, sales order entry, delivery, invoicing, purchase orders, and more.
Prepare for your interview with these top 20 SAP SRM interview questions. For more IT Profiles, Sample Resumes, Practice exams, Interview Questions, Live Training and more…visit ITLearnMore – Most Trusted Website for all Learning Needs by Students, Graduates and Working Professionals.
Looking to add weight to your resume? Check out for ITLearnmore for varied online IT courses at affordable prices intended for career boost. There is so much in store for both fresh graduates and professionals here. Hurry up..! Get updated with the current IT job market requirements and related courses. For more information visit http://www.ITLearnMore.com.
1. Pricing procedures in sales documents are determined by a combination of sales area, document pricing procedure, and customer pricing procedure.
2. Item categories provide additional control over pricing, billing, delivery, and other factors in sales documents based on customizing settings for the sales document type, item category group, and item usage.
3. The movement type in delivery documents comes from the schedule line category assigned in the sales order.
20200723211644D3064_NEW Ses1112 Chap13 The Expenditure Cycle - Purchasing to ...koranberita11
This document provides an overview of the expenditure cycle, which involves the processes of ordering, receiving, approving invoices, and paying for goods and services. It describes the key decisions and activities within each process, potential threats to them, and example controls to mitigate those threats. The learning objectives are to understand the basic activities in the expenditure cycle as well as explain the processes, decisions, threats, and relevant controls for ordering, receiving, approving invoices, and cash disbursements.
The document discusses differences between distribution enterprise applications and manufacturing ERP applications. It notes that distribution applications were previously lacking but are now improving, offering better functionality. Key differences between distributors and manufacturers are discussed, such as distributors having less control over supply chains and needing more flexibility to customize orders. The document emphasizes that distribution has unique requirements that are better addressed in applications specifically designed for distribution compared to distribution modules in manufacturing ERP systems.
Coma campus is best training and development institute. We have provided best mentor as an industry worker for SAP as a development field. We have best facility like as a lab, Theoretical based but 90% have practical based training and 10% theoretical.<a>SAP Training in noida</a>
The document provides information on procurement processes in SAP, including:
- It describes the typical stages in a procurement cycle from identifying needs to payment settlement.
- It explains key SAP procurement concepts like purchase orders, goods receipt, and invoice verification.
- It outlines the different organization levels in procurement like client, company code, plant, and purchasing groups.
- It provides an overview of how to navigate in SAP and execute transactions like creating a purchase order.
The document provides an overview of the key components of the Procure to Pay process in SAP, including purchasing master data, purchasing document types, and purchasing functions like condition types and release strategies. It discusses the purchasing document types like purchase requisitions, purchase orders, and outline agreements. For each document type, it describes how they are used and their purpose in the purchasing process. It also provides details on the relevant fields in the material master, vendor master, and info record for purchasing.
This document provides an overview of materials management and material requirements planning (MRP). It discusses how MRP works backward from a production plan to estimate requirements for components and raw materials. MRP systems use a bill of materials and other data like inventory levels and supplier information to generate production and purchasing plans. The goal is to help companies maintain appropriate inventory levels to align production with demand changes and meet customer needs efficiently.
The document summarizes the key aspects of the purchasing process. It describes the functions of purchasing as handling routine work, supporting decision-making, and assisting with reporting. It outlines the internal perspective of the purchasing process flow. It discusses how purchasing fits within an organization's supply chain and the benefits of managing the supply chain. It also notes potential problems that can occur in supply chain management initiatives and ways to mitigate these issues.
(1) The document discusses procurement processes and systems, including fraud risks. It describes the procurement cycle and key elements like purchase requisitions, purchase orders, and goods receipt.
(2) It outlines government initiatives in Malaysia to combat procurement fraud, such as establishing a central procurement body and implementing e-procurement. This has increased transparency.
(3) Automating procurement can support good governance and reduce corruption risks by integrating controls, segregating duties, and enabling transparency through e-procurement and audit trails. Workflow alerts and dashboards also improve oversight.
The document provides guidance on inventory and materials management for Durable Plastics Limited. It discusses defining inventory and materials types. It outlines policies and procedures for purchase requisitions, purchase orders, material receipts, issues, transfers, and the store ledger. It also describes organizing the store management function and handling non-moving inventory through various actions like transfers, returns, price reductions, or donations.
This document outlines audit procedures and assignments for ACC 492, including:
- Weekly textbook problems, current issue summaries, team assignments covering auditing of cash, financial instruments, sales, receivables, inventory, payroll, acquisitions, payments, property, and contingencies.
- A final exam covering topics like audit sampling, internal controls, audit evidence, and business cycles.
The assignments and exam are designed to help students learn how to audit key accounts and cycles and apply audit standards and procedures.
A company called Sri Surya Splendor is looking to hire marketing executives, sales promoters, and others with an MBA qualification. The salary offered is 15,000 rupees or more plus expenses. Interested candidates can contact Sri Surya Splendor at their Bhavani Nagar, Mallapure office in Hyderabad or via their provided email address.
A part-time marketing executive and sales promoter positions are available in Kakinada. Both male and female candidates are welcome to apply. Interested individuals should contact Venkat Peddada by calling 9949998657 or 9390212735 to inquire further about the open roles.
This document announces a demo class for SAP modules including Sales and Distribution and Material Management to be held on September 24th and 25th in Kakinada. The contact is Venkat Peddada who can be reached by phone at 9390212735 or 9949998657 and by email at peddada.babu@gmail.com.
This document discusses defining item categories in sales documents to appropriately process items. Depending on the sales document and item, data changes. Item categories are defined with functionalities to determine the correct category during sales document processing. This ensures items are processed correctly, such as standard items following one workflow and third party items automatically creating a purchase order.
This document describes the functionality of different categories in a schedule line in SAP. It explains fields like delivery block, moment type, item relevant for delivery, order type, requirement/assembly, availability, and product allocation. Delivery block specifies if an item is blocked for delivery. Moment type specifies the physical/logical moment that causes a change in stock level or consumption. Item relevant for delivery makes the item available for delivery. Order type specifies the document type for purchase requisition. Requirement/assembly transfers requirements between modules. Availability checks item availability. Product allocation allocates stock to an order.
The document describes how data is automatically determined at three levels - header, item, and schedule line - when a sales document is processed in the system. At the header level, data comes from the customer master record. At the item level, data comes from the material master record and condition master data. At the schedule line level, the system proposes delivery dates and quantities based on material availability and lead times.
The document describes the structure and processing of sales documents. Sales documents have 3 levels of data: 1) Header level data that applies to the entire document like party and payment details. 2) Item level data that is specific to each item like material code and quantity. 3) Schedule line data that provides delivery dates and quantities for each item. The header data is copied to each item but can be changed at the item level. Schedule lines provide delivery information for each item.
This document discusses creating sales documents and orders with references to quotations in SAP. It explains that creating a quotation allows you to then create a sales order or document that copies the quotation data. The status of sales documents and items depends on how much of the quantity has been referenced, with open, being processed, and completed as the three potential statuses. The document flow icon can show the relationships between different documents created with references.
The document discusses controlling data at three levels in a sales document: 1) the data header is controlled by the sales document type, 2) the item level data is controlled by item level data, and 3) schedule line data is controlled by schedule line data categories. It explains that different sales transactions like inquiries, quotations, sales orders, and returns each have a corresponding sales document type defined in SAP which determines the document's purpose and processing.
The document defines various configuration parameters for document types processed in a sales and distribution system. It specifies categories that determine how documents are stored and tracked, whether document types can be blocked, number ranges for assigning document numbers, default values for item numbering, and other attributes that control processing, pricing, delivery, and billing of documents.
The document discusses maintaining condition records in an SAP R/3 system. Condition records are used to define pricing elements like basic pricing, discounts, taxes, and freight for materials. There are corresponding condition types in R/3 for each pricing element. Maintaining condition records involves selecting a condition type, specifying the required material and amount, and defining valid date ranges. Scales can be set up to adjust amounts based on quantity, and limit values can define upper and lower bounds for condition amounts.
This document discusses a customer material information record in a logistics system. The record specifies the customer and corresponding sales line for which information needs to be maintained. It also allows specifying the original material code, customer material code, customer description, plant, minimum delivery quantity, and other details. The customer material number must be specified on the sales document's order party view.
The document provides details about maintaining master data in an SAP R/3 system, including customer, material, and condition master data. It describes the need to maintain a database of all customers to record details for each customer number. When a sales transaction specifies a customer number, the system can automatically retrieve the customer's master record details. It also provides instructions on creating a customer master record and maintaining data across general, company code, and sales area views.
The document describes an enterprise structure in SAP. It defines organizational elements like sales organization, distribution channels, divisions, and their relationships. It provides steps to configure these elements in SAP, including defining sales organizations, distribution channels, divisions, plants, sales offices, sales groups, and company codes. It also describes defining regions, country-specific checks, and maintaining calendars.
SAP was founded in 1972 in Germany as a producer of enterprise resource planning (ERP) software. It stands for System Applications and Products in Data Processing. Some key ERP products include SAP, Oracle, PeopleSoft, Baan, and J.D. Edwards. SAP software includes technical, functional, and industry-specific applications that help companies manage finances, supply chains, production, and more.
This document provides instructions for resolving errors that may occur when creating sales orders in SAP. It describes 5 potential errors, including 1) order type not defined for sales area, 2) no pricing procedure determined, 3) no business area can be determined, 4) no chart of accounts defined, and 5) no fiscal year variant assigned. For each error, it provides the solution transaction codes and steps to assign the required master data, such as sales areas, pricing procedures, business areas, charts of accounts, and fiscal year variants.
This document provides instructions for creating a material master record in an ERP system. It describes the key fields to specify such as the material code, type, unit of measure, sales and plant organizations, taxes, pricing and valuation. Fields for batch management, minimum order quantities, transportation and loading groups are also covered. The steps shown create the basic master data record and define additional organizational levels and attributes for the new material.
SAP is a software company founded in 1972 in Germany. It stands for System Application and Products in Data Processing. SAP created the first ERP system and remains a leading ERP provider today along with Oracle. Key components of SAP's ERP system include modules for production planning, sales and distribution, finance, human resources and more.
বাংলাদেশের অর্থনৈতিক সমীক্ষা ২০২৪ [Bangladesh Economic Review 2024 Bangla.pdf] কম্পিউটার , ট্যাব ও স্মার্ট ফোন ভার্সন সহ সম্পূর্ণ বাংলা ই-বুক বা pdf বই " সুচিপত্র ...বুকমার্ক মেনু 🔖 ও হাইপার লিংক মেনু 📝👆 যুক্ত ..
আমাদের সবার জন্য খুব খুব গুরুত্বপূর্ণ একটি বই ..বিসিএস, ব্যাংক, ইউনিভার্সিটি ভর্তি ও যে কোন প্রতিযোগিতা মূলক পরীক্ষার জন্য এর খুব ইম্পরট্যান্ট একটি বিষয় ...তাছাড়া বাংলাদেশের সাম্প্রতিক যে কোন ডাটা বা তথ্য এই বইতে পাবেন ...
তাই একজন নাগরিক হিসাবে এই তথ্য গুলো আপনার জানা প্রয়োজন ...।
বিসিএস ও ব্যাংক এর লিখিত পরীক্ষা ...+এছাড়া মাধ্যমিক ও উচ্চমাধ্যমিকের স্টুডেন্টদের জন্য অনেক কাজে আসবে ...
LAND USE LAND COVER AND NDVI OF MIRZAPUR DISTRICT, UPRAHUL
This Dissertation explores the particular circumstances of Mirzapur, a region located in the
core of India. Mirzapur, with its varied terrains and abundant biodiversity, offers an optimal
environment for investigating the changes in vegetation cover dynamics. Our study utilizes
advanced technologies such as GIS (Geographic Information Systems) and Remote sensing to
analyze the transformations that have taken place over the course of a decade.
The complex relationship between human activities and the environment has been the focus
of extensive research and worry. As the global community grapples with swift urbanization,
population expansion, and economic progress, the effects on natural ecosystems are becoming
more evident. A crucial element of this impact is the alteration of vegetation cover, which plays a
significant role in maintaining the ecological equilibrium of our planet.Land serves as the foundation for all human activities and provides the necessary materials for
these activities. As the most crucial natural resource, its utilization by humans results in different
'Land uses,' which are determined by both human activities and the physical characteristics of the
land.
The utilization of land is impacted by human needs and environmental factors. In countries
like India, rapid population growth and the emphasis on extensive resource exploitation can lead
to significant land degradation, adversely affecting the region's land cover.
Therefore, human intervention has significantly influenced land use patterns over many
centuries, evolving its structure over time and space. In the present era, these changes have
accelerated due to factors such as agriculture and urbanization. Information regarding land use and
cover is essential for various planning and management tasks related to the Earth's surface,
providing crucial environmental data for scientific, resource management, policy purposes, and
diverse human activities.
Accurate understanding of land use and cover is imperative for the development planning
of any area. Consequently, a wide range of professionals, including earth system scientists, land
and water managers, and urban planners, are interested in obtaining data on land use and cover
changes, conversion trends, and other related patterns. The spatial dimensions of land use and
cover support policymakers and scientists in making well-informed decisions, as alterations in
these patterns indicate shifts in economic and social conditions. Monitoring such changes with the
help of Advanced technologies like Remote Sensing and Geographic Information Systems is
crucial for coordinated efforts across different administrative levels. Advanced technologies like
Remote Sensing and Geographic Information Systems
9
Changes in vegetation cover refer to variations in the distribution, composition, and overall
structure of plant communities across different temporal and spatial scales. These changes can
occur natural.
Main Java[All of the Base Concepts}.docxadhitya5119
This is part 1 of my Java Learning Journey. This Contains Custom methods, classes, constructors, packages, multithreading , try- catch block, finally block and more.
This document provides an overview of wound healing, its functions, stages, mechanisms, factors affecting it, and complications.
A wound is a break in the integrity of the skin or tissues, which may be associated with disruption of the structure and function.
Healing is the body’s response to injury in an attempt to restore normal structure and functions.
Healing can occur in two ways: Regeneration and Repair
There are 4 phases of wound healing: hemostasis, inflammation, proliferation, and remodeling. This document also describes the mechanism of wound healing. Factors that affect healing include infection, uncontrolled diabetes, poor nutrition, age, anemia, the presence of foreign bodies, etc.
Complications of wound healing like infection, hyperpigmentation of scar, contractures, and keloid formation.
Leveraging Generative AI to Drive Nonprofit InnovationTechSoup
In this webinar, participants learned how to utilize Generative AI to streamline operations and elevate member engagement. Amazon Web Service experts provided a customer specific use cases and dived into low/no-code tools that are quick and easy to deploy through Amazon Web Service (AWS.)
This presentation was provided by Steph Pollock of The American Psychological Association’s Journals Program, and Damita Snow, of The American Society of Civil Engineers (ASCE), for the initial session of NISO's 2024 Training Series "DEIA in the Scholarly Landscape." Session One: 'Setting Expectations: a DEIA Primer,' was held June 6, 2024.
This slide is special for master students (MIBS & MIFB) in UUM. Also useful for readers who are interested in the topic of contemporary Islamic banking.
A review of the growth of the Israel Genealogy Research Association Database Collection for the last 12 months. Our collection is now passed the 3 million mark and still growing. See which archives have contributed the most. See the different types of records we have, and which years have had records added. You can also see what we have for the future.
it describes the bony anatomy including the femoral head , acetabulum, labrum . also discusses the capsule , ligaments . muscle that act on the hip joint and the range of motion are outlined. factors affecting hip joint stability and weight transmission through the joint are summarized.
Liberal Approach to the Study of Indian Politics.pdf
Fwquestionbankforinterview
1. Materials Management Q&A Bank
Index
Section I - General and Master Data ...............................................................................................................2
Section II - Purchasing ...................................................................................................................................6
Section III - Inventory ....................................................................................................................................9
Section IV - Valuation and Physical Inventory ............................................................................................12
Page 1 of 14
2. Materials Management Q&A Bank
Section I - General and Master Data
1. What do you mean by Plant ?
An operating unit for production and MRP or simply a grouping of one or several
locations with stocks of material (storage locations) that are geographically close to
one another.
2. At what level is the warehouse management system defined?
Storage location.
3. Can storage locations in different plants be managed under one warehouse number?
Yes
4. At what level of the organization is valuation carried out?
Either plant or company.
5. Define purchasing organization.
Organizational unit which procures materials and services and agrees on terms and
conditions of purchase with vendors.
6. How many plants can a purchasing organization service?
Multiple plants.
7. Can a purchasing organization be assigned to more than one company code? Can a
purchasing organization service more than one company code? How is this possible?
A purchasing organization can only be assigned to one company code. However, if you
would like to have a purchasing organization service more than one company code, you
simply do not assign the purchasing organization to a company code. That way, any plant
assigned to that purchasing organization, regardless of which company code the plant
belongs to, can create documents for that purchasing organization.
8. Are purchasing groups actually assigned to purchasing organizations?
No. A purchasing group is assigned to a material at the plant level.
9. Can several companies use the same chart of accounts?
Yes.
10. At what level is the standard chart of accounts defined?
Client.
Page 2 of 14
3. Materials Management Q&A Bank
11. What is a business area?
A special economic unit for which an internal balance sheet and P&L statement can be
created. A business area is defined independently of company code. You specify how you
wish the business area for each sales area to be determined - either by plant and division or
by sales area.
12. List the SAP organizational units which support the MM module. Define each and explain
their relationship with each other.
Company Code - legal entity from which financial statements are generated
Purchase organization - an organizational unit responsible for procuring materials and
services and agrees on terms and conditions of the purchases with vendor; negotiating terms
for purchases; incoterms, pricing, payment terms, etc.
Purchase group - group of employees responsible for executing the purchasing activities for
certain products and plants
Plant - An operating unit for production and MRP or simply a grouping of one or
several locations with stocks of material (storage locations) that are geographically close to
one another. Plants can be manufacturing facilities, distribution centers or warehouses.
Storage location - a subdvision of a plant, where product is stored
13. Can a plant function in SAP without a factory calendar assigned to it? Explain.
No. The factory calendar provides a holiday calendar, which days are workdays, and
company holidays. This is all used for planning purposes.
14. If PP (production planning) is used in the SAP system, at what level of the organizational
structure is the valuation level?
At the plant level.
15. Which master file is the central master file for logistics?
Material.
16. Give three examples of general material master data.
Material number, description, units of measure
17. On what is sales-specific material master data dependent?
Sales organization and distribution channel
18. What determines which material master views are available?
Material type.
19. List four types of Units of Measure found in the materials master record and define each.
Base - unit in which stocks are managed
Order - unit material is ordered in (purchasing)
Sales - unit material is sold in
Issue - unit material is issued from warehouse
Delivery - made up of a number and a unit of measure. The quantity to be delivered
should be made up of complete delivery units.
Alternative - other units of measure in which material can be sold
Minimum Order Quantity - Specification in base unit of measure
Minimum Delivery Quantity - Specification in base unit of measure
Page 3 of 14
4. Materials Management Q&A Bank
20. What determines the number assignment for a material?
Material number assignment is based on the number assignment group of the material
type. Number assignment groups give an internal &/or external range for the numbers.
21. How long is the material number field?
18 Characters
22. What does the Plant specific material status (MM/PP status in 3.0) in the purchasing view of
the material master control?
What transactions and functions can be executed for the material, for example, whether it
can be purchased, used in inventory movements, or used in a production order. Gives
warning or error.
23. Is a material master record all stored in one table?
No, many; MARA, MARC, MARD, MBEW etc.
24. .What is determined by the material type?
Which view for a material of this type can be maintained
The type of inventory management (quantity and or value)
Price control can be set as optional or mandatory
Account assignment
Which G/L accounts are posted during a goods movement
Which fields are mandatory, optional, suppressed, and display only
25. What influences field selection in the material master record?
Material type, plant, industry sector, transaction, procurement indicator
26. What three types of data can be maintained in the vendor master record?
General data, company code data, and purchasing data.
27. What are the levels at which you can maintain purchasing data in the vendor master record?
From specific to general:
Purchasing organization/Plant/VSR
Purchasing organization/VSR
Purchasing organization/Plant
Purchasing organization
28. What are the two purchasing views in the vendor master record?
Purchasing, Partner Functions.
29. What are examples of some of the partner functions that are available for the vendor master
record?
Vendor, ordering address, goods recipient, goods supplier, invoicing party, payment
recipient, and contract address.
Page 4 of 14
5. Materials Management Q&A Bank
30. What is a vendor sub-range?
A vendor sub-range (VSR) represents a vendor’s product lines. It is used to further
subdivide vendor purchasing data beyond the purchasing organization level.
31. List three examples of purchasing data on the vendor master.
Order currency, incoterms, minimum order quantity
32. What is meant by a ‘vendor supply region’ on the vendor master record? How is this used?
A vendor supply region designates the regions of a country that a vendor will supply.
The supply regions are assigned in the vendor master record at the client level. At time
of purchasing document creation, the system will check whether the receiving plant on
the document falls within the designated vendor supply regions. If it does not, the system
will issue a warning message.
Page 5 of 14
6. Materials Management Q&A Bank
Section II - Purchasing
1. Is a purchasing group assigned to a purchasing organization?
No, a purchasing group is assigned to a material in the material master record.
2. What are the six standard purchasing documents?
Purchase requisition, RFQ, Quotation, Purchase Order, Contract, Scheduling
Agreement
3. What are the two ways that a purchase requisition can be created?
Manually or automatically by MRP.
4. At what level is the release procedure applied on requisitions?
Item or document level.
5. What level is the release procedure applied on RFQs, purchase orders, and contracts?
Header level.
6. Name two things defined/controlled by the account assignment category.
The type of account assignment (asset, cost center, sales order, etc.)
Which accounts are debited at goods receipt / invoice receipt
Which account assignment data you have to enter
7. What are the two main differences between defining release procedures ‘without
classification’ and ‘with classification’?
‘Without classification’ is the method that was first available in Rel. 2.1. It allows you to
define release strategies based on value, plant, material group and account assignment
category. The without classification method can only be assigned to purchase
requisitions.
‘With classification’ is a new method as of Rel. 3.0. It allows you to define release
strategies based on any field in the purchasing document using the classification system.
Release procedures created under the ‘with classification’ method can be assigned to all
purchasing documents, including purchase requisitions, RFQs, contracts, and
scheduling agreements.
8. What is meant by a ‘release code’?
A release code is two-digit code associated with a user ID. It defines the person or
group of persons that is/are authorized to perform a release.
Page 6 of 14
7. Materials Management Q&A Bank
9. What is the objective of workflow as it applies to release procedures?
The objective of Workflow is to notify infrequent users to review/release a requisition.
10. What is the difference between an RFQ and a Quotation?
An RFQ is a document sent to a vendor by the Purchasing department to request certain
information regarding the vendors products, prices, and terms. A quotation is the
document that the vendor sends back to the purchasing department that contains specific
prices and delivery information. The quotations from different vendors can be compared
to determine which vendor is offering the best price.
11. What level are the partner functions held/ maintained at on a purchasing document?
Header level.
12. The search for vendor purchasing data for a purchasing document is carried out from
‘specific to general’. What does this mean and what are the specific priorities that the
system follows in the search?
The system first looks for data that is held at the most specific organizational level
(Purchasing Organization/VSR/Plant). If it does not find data there, it goes to a slightly
more general level to look for the data, etc. The search for purchasing data is carried
out according to the following priorities:
Purchasing Organization / Plant / VSR
Purchasing Organization / VSR
Purchasing Organization / Plant
Purchasing Organization
13. Can items on a purchase order each have different receiving plants? Can these plants
belong to different company codes?
Yes, items on a purchase order can each have different receiving plants. However,
these plants must all belong to the same company code.
14. What are the two forms of outline agreements?
Contract and scheduling agreements.
15. Name the two types of contracts.
Quantity and value.
16. What is the subsequent document for a contract?
A release order, which is actually a purchase order created with reference to the
contract.
17. What is the subsequent function that must be created for a scheduling agreement?
A delivery schedule.
Page 7 of 14
8. Materials Management Q&A Bank
18. What are the four options regarding whether a new release strategy should be applied
when a purchasing document is changed during/after the release process?
- Cannot be changed
- Changeable, no new determination of strategy
- Changeable, new release under new strategy
- Changeable, new release under new strategy or with value change
19. Explain the use of a Blanket Purchase Order?
The Blanket Purchase Order can be used where the use of individual PO is impractical
as in the case where the material received is consumed immediately. A Blanket PO does
not require Goods Receipts or entry of Service Sheets.
20. A JIT delivery schedule is also known as a Forecast delivery schedule? (T/F) Explain.
-False. Forecast delivery schedule is not a JIT delivery schedule. They are maintained
independently and communicated to the supplier based on specific time horizons.
21. What does the account group in the vendor master record determine?
What function the particular vendor is: an ordering party, goods supplier, sender of the
invoice, payment recipient. It also defines which data is required for the vendor (field
selection), number assignment, one-time account (yes/no), and it further determines
whether additional levels of data are allowed.
22. What influences field selection in the vendor master record?
The account group, transaction, purchasing organization, and company code
23. What does the partner schema (procedure) define?
Which partner roles are allowed, mandatory, or cannot be changed in a vendor master
record or purchasing document.
24. Can different partner schemas be defined for a vendor?
Yes, three different partner schemas can be assigned to an account group: one at the
purchase organization level, one at the VSR level, and one at the plant level.
Page 8 of 14
9. Materials Management Q&A Bank
Section III - Inventory
1. What is a reservation?
Reservations are requests to the warehouse to have materials ready for issue at a later
date and for a certain purpose. Materials can be reserved for sales or production.
Reservations can also be the pre-planning of a receipt.
2. For review, what is the general effect of a goods issue at a plant/warehouse?
A goods issue generally leads to a reduction in the quantity of stock at a
plant/warehouse.
3. What are the two ways in which a goods issue can be classified? Give an example of
each.
Goods issue can be classified as a planned or unplanned. An example of a planned
goods issue is delivery to a customer, return deliveries to a vendor, or staging of
materials for internal use. An example of an unplanned goods issue is an issue to scrap
or a drawing of sample quantity.
4. T/F - A goods issue can be created with reference to a material document or for a
reservation.
True - A goods issue can be created for a material document or for a reservation.
5. T/F - When creating a goods issue, the movement type for all items must be the same.
False - When creating a goods issue, the movement types can be different for each item.
6. What are the effects of posting a goods issue?
Stock quantity decreases in inventory management, consumption statistics are updated,
point of consumption is updated, G/L accounts are updated, material and accounting
documents are created, and reservations are updated (if applicable)
7. What is meant by collective entry of a goods issue?
Collective entry allows the user to create a goods issue that contains more than one line
item. Each line item can even have different account assignments (for example the
general ledger accounts for two items in a goods issue can be different). In the case of
collective entry, one material document and one accounting document is created.
8. T/F - A planned goods issue can be created with reference to a reservation.
True - Planned goods issue can be created with reference to a reservation either by
entering the reservation directly, searching for a material, or searching for the account
assignment.
Page 9 of 14
10. Materials Management Q&A Bank
9. T/F - When creating a planned issue for a reservation, you must specify a storage location
in the reservation so that the goods issue can be done.
False - You do not have to specify a storage location in the reservation; however, if you
do indicate a storage location in the reservation, you can only do a goods issue from that
storage location.
10. Negative stocks are possible for materials valuated under ____standard___ price control.
11. What is the difference between a physical transfer posting and a logical transfer posting?
Physical transfer - stock is physically moved from plant to plant or storage location to
storage location. Can be done in one or two steps.
Logical transfer - stock is not physically moved, but stock type, material number or batch
number of the material is changed.
12. What are the three levels for which physical stock transfers can be posted?
Company code to company code
Plant to Plant
Storage location to storage location
13. What is a material-to-material transfer?
A material to material transfer does not involve a physical movement. It is when a
material is moved from one material number to another. This transfer requires that both
materials are managed in the same stockkeeping unit. This material to material transfer
occurs when a material no longer corresponds to the characteristics defined in the
material master, but to those of a different material number. This is seen in the chemical
and pharmaceutical industries.
14. T/F - SAP Authorization objects in inventory management control a user or user group’s
display and maintenance capabilities for physical inventory, reservations, and goods
movements transactions.
True - This is done using authorization profile M_BEFU_ANZ for display authorizations
and profile M_BEFU_ALL for maintenance authorizations
15. In inventory management transactions, what is a dimension? Give an example.
A dimension, as used in inventory management, is a physical concept or quantity. An
example is length, time, mass, volume, etc.
16. T/F - An SI unit is a system of internationally standardized units. There can be multiple
SI units for a given dimension.
False - An SI unit is a system of internationally standardized units. However, there is a
unique SI unit for each dimension.
17. If a unit of measurement is used for purchasing transactions, it must be marked as a
________________ unit in Customizing to indicate that it is for business application.
Page 10 of 14
11. Materials Management Q&A Bank
It must be marked as a business unit in Customizing.
18. At what organizational combination level is the setting for creating a storage location
automatically set?
The setting for creating a storage location automatically is indicated for each plant and
movement type combination.
19. At what two organizational levels can settings for reservations be defined?
Settings for reservations can be defined at the plant level and the client level.
20. Identify two sub-systems, which are part of the Logistics Information System, that assist
in reporting for Materials Management.
Purchasing Information System
Inventory Controlling
21. What is a document evaluation and how is it useful in inventory management? Give 2
examples of document evaluations.
Document evaluations allow you to monitor stocks without updating statistical data.
Examples of document evaluations include: ABC Analysis, Slow-moving items, Stock
value, Dead stock, and Inventory Turnover.
22. Is it possible to have negative stocks in Release 3.0? Give an example of when negative
stocks may be necessary.
Yes, stocks of a material may have already arrived at a warehouse, but have not yet been
posted as a goods receipt. A production order or customer requires the material
urgently, so a goods issue is posted before the goods receipt. Thus, negative stocks
result.
Page 11 of 14
12. Materials Management Q&A Bank
Section IV - Valuation and Physical Inventory
1. What is the central task of material valuation?
Determine and record the stock value of a material.
2. How is the stock value of a material calculated?
By multiplying the stock quantity by the material price.
3. What is a valuation area? What two organizational levels can be used to define the
valuation area?
A valuation area is the level at which a material is valuated. It can be at the company
code or the plant level, but it must be at the plant level if the Production Planning
module is used.
4. Assuming the simplest case of a goods receipt, what two general ledger accounts are
posted to?
Debit to the stock (inventory) account - stock increases
Credit to the GR/IR Clearing Account
5. Where do you indicate what price control a material will be use?
In the material master, accounting view
6. What determines the default for the price control setting on a material master?
The material type.
7. What are the two types of price control that can be used?
S - Standard Price Control
V - Moving Average Price Control
8. Assume a material uses standard price control and the standard price designated in the
material master is $5.00/pc. If a purchase order is created for this material for a quantity
of 1 pc. at a price of $5.20/pc, what accounts will be hit after a goods receipt posting
with reference to this purchase order?
Debit to the stock account for $5.00
Credit to the GR/IR Clearing Account for $5.20
Debit to a Price Difference Account for $0.20.
Will the standard price in the material master change as a result of this posting?
No. The standard price never changes as a result of a material transaction. It must be
changed manually via the valuation menu.
Will the moving average price in the material master change as a result of this posting?
Yes, the moving average price always reflects the actual purchase price. Even if you are
using standard price control, the moving average price will be updated for
statistical (informational) purposes.
Page 12 of 14
13. Materials Management Q&A Bank
9. Assume a material uses moving average price control and the moving average price
designated in the material master is $5.00/pc. If a purchase order is created for this
material for a quantity of 1 pc. at a price of $5.20/pc, what accounts will be hit
after a goods receipt posting with reference to this purchase order?
Debit to the stock account for $5.20
Credit to the GR/IR Clearing Account for $5.20
Will the standard price in the material master change as a result of this posting?
No. There is no standard price in this case.
Will the moving average price in the material master change as a result of this posting?
Yes, the moving average price always reflects the actual purchase price.
10. What price is used to determine the amount by which the stock account should decrease
for a goods issue posting?
It depends on which price control is used for a material. If the material uses standard
price control, the stock account will decrease by standard price amount in the material
master record. If the material uses moving average price control, the stock account will
decrease by the moving average price amount in the material master record.
11. What is created when you change the valuation price of a material?
An accounting document is created (revaluation document) to indicate that the value of
the stock has changed.
12. What is meant by split valuation? Why might you want to use split-valuation for a
material?
Split valuation is the process of valuating different stocks of the same material
differently within a valuation area. Split valuation may be necessary because for
example, certain stocks of the same material may have a different cost price due to
different origins, levels of quality, or statuses.
13. What is the valuation category?
The valuation category specifies which criterion should be used as the basis for
differentiating between sub-stocks of a material. For example, a valuation category may
be ‘origin’ or ‘status’. It determines which valuation types are allowed. A material is
assigned to a valuation category in the material master record at the plant level.
14. What is the valuation type?
The valuation type is the key that identifies the characteristics or name of a sub-stock.
15. If you are using split valuation, what type of price control must be used at the valuation
area level?
Moving average price control must be used at the valuation area level so that the
valuation price of the material can reflect the average price of the sub-stocks.
16. What are the four physical inventory procedures supported by SAP?
Periodic, Continuous, Cycle Counting, Sampling
17. What three stock types can a physical inventory be carried out for?
Unrestricted, Quality Inspection, Blocked Stock
Page 13 of 14
14. Materials Management Q&A Bank
18. What are the major steps in the physical inventory process?
1 Create Physical Inventory Doc, 2 Perform physical inventory, 3 Enter Count, and 4
Either post differences, change count, or arrange for recount
19. If the ‘blocking indicator’ is set in the physical inventory document, what must occur for
this indicator to be automatically removed.
The indicator is removed when the physical inventory counts are posted.
20. What three methods does SAP support for stock valuation?
Lowest Value, LIFO, FIFO
21. What is the purpose of a valuation grouping code?
The valuation grouping code is a key that is used to group together valuation areas that
should be treated the same in terms of account assignment. The valuation grouping
code, along with other keys, designates which G/L accounts should be hit after a goods
movement &/or invoice posting. It allows for less data maintenance because you will
not have to maintain an individual table entry for each valuation area.
22. True/False - Different material types can be managed under the same G/L account.
True.
23. What serves as the link between material type and the allowed valuation classes?
The account category reference.
24. Where do you assign a material to a valuation class?
In the material master record, accounting view.
25. What determines what transaction keys are possible for a given movement type?
The value string.
Page 14 of 14