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Consumption Based Planning sap mm

What is Consumption based Planning in SAP MM?

The below sap mm tutorials (Material Management) will help to know more on the consumption based planning in sap mm. The central role of material requirements planning is to monitor stocks and, in particular, to automatically generate order proposals … Read More

SAP MM interview questions

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, … Read More

Material Requirements Planning MRP

Material Requirements Planning (MRP) in SAP MM

The basic role of material requirements planning (MRP) is to monitor stocks and, in particular, to automatically generate order proposals for purchasing and production (planned orders, purchase requisitions, or delivery schedules). This target is achieved by using various materials … Read More

Functions of Goods issue Posting

The Functions of Goods issue Posting in AP

Functions of Goods issue Posting:  Updating Stock Quantities : The warehouse stock of the material is reduced by the delivery quantity. You will find information on inventory management in the MM Inventory Management online documentation.

Evaluating and Updating Balance Sheet Read More

Inventory management

The difference between Logistics, Inventory Management & Supply chain Management

Differnce Logistics, Inventory Management

Logistic Management 

Logistics management plans, implements, and controls the efficient, effective forward and reverse flow and storage of goods, services and related information between the point of origin and the point of consumption in order to … Read More

How to do Month end Provision Entries in SAP?

Month end Provision Entries

1. Process Depreciation Run

Accounting -> Financial accounting -> Fixed assets -> Periodic processing -> Depreciation run -> Execute – AFAB

2. Process Investment Grant

Accounting -> Financial accounting -> Fixed assets -> Periodic processing -> … Read More

Procurement Cycle

SAP MM Simple Procurement Cycle

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.

  • Determination of Requirements
  • Source Determination
  • Vendor Selection
  • Purchase Order Processing
  • Purchase Order Follow-up
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