We need to discuss briefly how the material records are organized in the SAP Materials Management system.
The material master record contains all information about the materials a company procures, manufactures, stores and ships. … Read More
Bill of Materials (BOM) : A list of all of the items that make up a product or assembly. The list is complete for its given purpose, has a formal structure, and states the name, quantity, and unit of measure … Read More
The only way I know to extend material in SAP is through MM01 t-code, the Create Material t-code. But then I experience problem when I was trying to extend Material to another storage location within the same Plant. There … Read More
For Moving average price (MAP)
E.g. : Purchase new material $22 quantity = 2 pcs
During Goods Receipt
Dr. Inventory Account $22
Cr. GR / IR Account $22
During Invoice Verification
Dr. GR / IR Account … Read More
The Materials Management Module (MM) of SAP is completely integrated with other modules such as (SD, FICO, PP, WM, PM). Procurement in SAP MM comprises of following.
V/05 – Condition Table for V/07
e.g. a business may no longer wants to have a sales discount based on the sales organization, customer group, and material, but decided that the discount should be based on the sales organization, customer … Read More
When will you recommend a new movement type?
Companies may request a new movement types to differentiate between the inventory posting transaction. For example, 551 scrap movement type. Some company … Read More