SAP Overview Archive

How to Create Company Code and Assign to Company?

We can have the 2 basic step, what is company, and how to create company code, and How to assign company code to company as per below,  Company: [RCOMP] Company is nothing but it is a client to whom we are going to implement SAP. It represents

Introduction to SAP for beginners

The name SAP, being a German company and the SAP stands for an acronym for “System, Anwendungen, and Produkte in Der Datenverarbeitung”. This is translated into English as “Systems, Applications, and Products in Data Processing”. The SAP system consists of complex integration of different modules or applications,

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 unit price is purely informational. If the

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, and this will be shows the result of incoming inspections

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 PO references a contract or an info

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 different terms may be used for this concept in