Hi Friends, I provided the Consignment procurement process in this document Vendor Consignment is a process wherein the supplier provides materials and stocks them in the purchaser’s premises. The material remains in the books of the supplier (vendor) until the same is withdrawn from the stock of the consignment and put to use. The inventory … Continue reading SAP MM Consignment Procurement Process
ACCOUNTING ENTRIES
Goods Issue for Scrapping in SAP MM
Hi Friends, In this video, I have explained the process of generating scrap in SAP Inventory Management. I hope it will be helpful for you. Learn and share with friends. https://youtu.be/KnBxGYXM2ec Share my blog and use my blog when you shop in online. Regards, Ganesh ganesh.sap2015@gmail.com
SAP MM-FI Integration-Automatic Account Determination
Hello Friends, I have provided the video about Automatic Account Determination which is the most important topic in SAP. It is the process which has strong integration between main SAP modules MM and FI. I have provided complete details with proper explanation in this video. I hope it will be useful for your learning. Follow … Continue reading SAP MM-FI Integration-Automatic Account Determination
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?
Subcontracting Process in SAP MM
Hi Friends, I have provided brief details about Subcontracting process as per my experience. Make it useful. What is subcontracting process? Subcontracting is one of the procurement processes available in MM. In this process, components are shared to vendor to get the final product. Below are the steps involved in this process. Steps to perform … Continue reading Subcontracting Process in SAP MM