Hi Friends, In this video, I have provided a Mock Interview on SAP MM. In this mock interview, I have covered the areas from Organization Structure and Master Data. Watch the video at the below link . https://youtu.be/rNzPugn2Zno Visit the blog and share in Social network. And also use the Flipkat, Amazon online links whenever … Continue reading SAP MM Mock Interview 1
SAP MM Interview Questions
How to assign Purchase Value key when we don’t create material master?
Answer: As we aware that Purchase Value key can be assigned in Purchasing view for material. But Purchase value key can be assigned although we don't create Material Master with below configuration step where we assign valuation class to Material group. IMG - Material Management - Purchasing - Material Master - Entry Aids for items … Continue reading How to assign Purchase Value key when we don’t create material master?
What is the use of Purchase value key?
Answer: Purchasing value key determines the following things: 1) Reminders keys- There are 3 keys which determine in how many days before or after the vendor has to be reminded or urging letters for the material procurement. 2) Over and under deliveries tolerances. 3) Order acknowledgement requirements in PO. It gives all the conditions in … Continue reading What is the use of Purchase value key?
What are the accounting entries for Free Goods receipt?
Answer: After clicking ‘F’ (Free Goods Indicator) in purchase order , the net price of the item will become Zero and the condition tab will be disappeared. Finally when we do the Goods Receipt, accounting entries won't be generated. If the material has price control as Moving Average Price (V), no accounting entries. But if … Continue reading What are the accounting entries for Free Goods receipt?
Difference between STO and Transfer Posting
Stock Transport Order: •Separate document type is available in Standard SAP. Stock Transfer Order is created with ME21N. •Delivery Costs and any other charges can be given in PO Conditions. Separate Pricing procedure for STO is also available in SAP •Delivery and Billing can be done through STO •This process is generally preferred when client … Continue reading Difference between STO and Transfer Posting