The planned order shows a planned receipt for a particular material in a plant. Basically, it specifies when the receipt is to take place and the quantity of goods that is to be received.
Planned orders are generally created … Read More
Purchasing Information Records (Info records) are maintained as Master data, just as Material and Vendor master data is maintained. Info records may be created for materials that have a material master record, and for materials that do not (Material Groups). … Read More
Materials planning and control determines how much of which material, component, goods etc. is needed and when. This activity is the responsibility of the materials planner or controller.
Types of materials planning and control consists two forms of materials planning … Read More
Material Ledger Multiple Currency: The system stores valuation data for a material in its material ledger in up to three currencies. You specify in which currencies the system stores this valuation data in Customizing for Valuation and Account Assignment.
When … Read More
Releasing Requisitions,This post describes the release procedure for requisitions in Purchasing. (Note that in this context, “release” means giving approval, or clearance, to go ahead with the procurement of the materials or services set out in the requisition, and … Read More
In the reorder point planning procedure, the system compares available warehouse stock with the reorder level. If available stock falls below the reorder level, an order proposal is generated. The reorder level (also known as the reorder point) is … Read More
The SAP system is made up of several components linked together so that different departments within a company can cooperate with one another. The Invoice Verification component is part of the Materials Management (MM) system. It provides the link between … Read More