In SAP MM (Materials Management), master data is the foundational information that forms the basis of various business processes related to material management. It’s like the backbone of the system, providing essential details needed for smooth operations. Here’s a breakdown of the main types of master data in SAP MM Material Master: This is the … Read more
Automatic account determination in SAP MM: Automatic account determination in SAP MM is a pivotal feature that dictates the selection of appropriate general ledger (G/L) accounts for recording diverse transaction types within the procurement process. Here’s a simplified breakdown: Explanation: Essential Components: Configuration: Usage: Customization: Illustration: In essence, automatic account determination in SAP MM streamlines … Read more
What is pricing procedure in SAP MM: The pricing procedure in SAP MM (Materials Management) is a crucial component that determines how the system calculates the prices of materials during the procurement process. Here’s a simplified explanation: What is pricing procedure in SAP MM Definition Components Configuration Usage Customization Example Overall, the pricing procedure in … Read more
What is subcontracting process in SAP MM: The subcontracting process in SAP MM involves outsourcing certain parts of the production process to external vendors. Here’s a simplified explanation of the subcontracting process in SAP MM: What is subcontracting process in SAP MM 1. Creation of Subcontracting Purchase Order (PO) 2. Transfer of Materials to Subcontractor: … Read more
Most important and commonly asked interview questions for SAP MM Question: What is SAP MM? Answer: SAP MM is a tool companies use to manage buying and selling goods, keeping track of inventory, purchasing materials, and related processes. Question: How do you buy things using SAP MM? Answer: You create a purchase order in SAP … Read more
Quotation Creation in SAP MM Made Simple: A Step-by-Step Guide: Brief overview of the importance of quotations in sales – Explanation of why creating accurate and persuasive quotations is crucial for businesses. Introduction to SAP MM and its role in quotation creation – Explanation of how SAP MM (Materials Management) module facilitates the process of … Read more
How to do you create purchase requisition in SAP: ME51N, ME52N, ME53N: A purchase requisition is generated within an organization by individuals or departments to communicate their requirements to the procurement department. It acts as a formal request for the desired goods or services. Look the below step by step process for created Purchase Requisition … Read more
If you want to search transaction code of material management model please see the below list complete details of transaction code. The transaction code short name of t-code. Material Master Management Related T-code ? MM01 Create Material MM02 Change Material MM03 Display Material MB03 Display material document Vendor Master Related T-code ? FK01 Create Vendor … Read more