Safety stock and Reorder Point in SAP Technosap

What is Difference between Safety stock and Reorder Level in SAP?

If a warehouse that stores material has to be ready for delivery at all times, then there has to be a high level of safety stock in this warehouse, as forecasting error cannot always be ruled out. This would … Read More

BEx Web Analyzer

What is Sap Material Ledger Periodic Unit Price?

The new Periodic Unit Price is calculated when you carry out material ledger closing for a material. If the material has S price control in its master record, the system uses the standard price for valuation, and the new periodic … Read More

Consumption Based Planning sap mm

What is Consumption based Planning in SAP MM?

The below sap mm tutorials (Material Management) will help to know more on the consumption based planning in sap mm. The central role of material requirements planning is to monitor stocks and, in particular, to automatically generate order proposals … Read More

SAP MM interview questions

What is SAP Vendor Evaluation System and how Integrated?

The vendor Evaluation component has been completely integrated into SAP MM Purchasing. The information such as delivery dates, prices, and quantities can be taken from purchase orders. The SAP Vendor Evaluation uses the various data from Quality Management, … Read More

master conditions in SAP

What is Master Conditions in SAP?

Master conditions in SAP are conditions that determine the effective price in the purchase order. They serve as a central repository of pricing for purchase orders. They are automatically included in the price calculation in the purchase order if the … Read More

contract in sap

What is Contract in SAP?

A contract is a longer-term agreement with a vendor (one of the two forms of “outline agreement” in the SAP system) to supply a material or provide a service for a certain period of time. A number of … Read More

define chart of accounts in sap

How to define Chart of Accounts in SAP?

To Define Chart of Accounts : The chart of accounts in SAP (COA) is nothing but list of GL accounts used by the company. There are three types of chart of accounts.1), Operative chart of accounts 2),Country specific chart … Read More