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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

Invoice Verification

What are all accounts important for Invoice Verification?

As we know that the Invoice Verification is a sub-component of MM and it has its integration with other sub-component of MM Module such as Purchasing and Inventory Management. Since SAP R/3 is an integrated system and information/Data flows from … Read More

SAP Block Material for Posting

SAP Accounting Entries from MM

SAP MM Accounting Entries

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