SAP Material Master – A Practical Guide

	Here is another book in my inbox..    i put this in my blog for my easy reference in the future so if you are interested, please feel free.. ======================================================
	Learn from veteran SAP Materials Management (MM) expert Matt Johnson on the fundamentals of  SAP Material Master and valuable cost saving tips.   Understand SAP Material Master concepts and how to tailor it to  Receive tips and detailed expert guidance  Maximize your value stream through SAP Materials Management (MM) Walk through practical implementation examples

Learn more

http://www.amazon.com/SAP-Material-Master-Practical-Guide/dp/1494318598/

reconciling CO-PA to the General Ledger?

New books in my mailbox..  is you all interested, do go below link!! -kakshida- Does your company struggle with reconciling CO-PA to the General Ledger?  Here are three considerations for addressing reconciliation issues: Why it matters if you are using costing-based or accounting-based CO-PA.  The role that transaction KEAT plays in showing the differences between FI, SD and CO-PA and what you need to watch out for. What to be aware of when it comes to the billing document check. Hint: it doesn’t ensure that the cost of sales value which is updated at different times in CO-PA and FI is consistent in both modules). Interested in more considerations and a complete reconciliation solution?  Read Reconciling SAP CO-PA to the General Ledger and learn how to effectively solve reconciliation issues between CO-PA  and FI in SAP ERP so that you can have confidence in the information derived from CO-PA reports Learn more http://www.amazon.com/Reconciling-SAP-COPA-General-Ledger-ebook/dp/B00J66CEYO/ Author Paul Ovigele has worked as an ERP financials consultant since 1997 in both North America and Europe, specializing in implementing the Financial Accounting and Controlling modules and all integration areas forcompanies in various industries. He has spent countless hours investigating the issues that led to an imbalancebetween CO-PA and the general ledger and strategizing airtight processes to reconcile the two modules and set up procedures to make sure that any gaps are easily identified.

SAP MM summary

1.Major evolution – 6 (Creation > Integration > Globalization > Specialization 1 > Specialization 2 > SCM 2.0)

2.Supply chain driver - Production, Inventory, Location, Transportation, Information

3.Push process > Make to Stock

4.Distributers >  Buy inventory in bulk and sell

5.NOT function of MM > Checking Quality of material    

6.Purchasing group assigned > Client

7.Material Type
ROH	Raw Material
HAWA	Trading goods
NLAG	Non- stock material
FERT	Finished Product
VERP	Packaging Material
DIEN	Services

8.Vendor material number field > Purchase organization in Vendor master record.

9.Loading group field > Sale General / Plant in material master view

10.NOT the step of procurement > Delivery Creation

11.By flagging as rejected  > Quotations rejected

12.Automated PO for PR had assign Source of supply

13.contract to vendor to carry out a 4 services > Quantity Contract

14.A blanket PO >  value limitation.

15.EOQ maximum economy in Purchasing

16.JIT and EOQ models > Effective order quantities

17.EOQ > inventory reaches to Zero stock

18.Re-order point = Cycle Stock +  Safety stock

19.Procurement cost = Cost of material +  transportation + handling

20.SAP planning procedures = MRP + CBP

21.Planning run can NOT create > Delivery schedules

22.NOT the CBP >  Qty discount procedures

23.Item Category
Space	Standard
K	Consignment
L	Subcontracting
S	3rd Party
U	Stock Transfer
D	Services

24.Special Procurement

1.       Consignment

2.       Subcontracting

3.       Stock Transfer

4.       Direct Procurement

25.reorder point planning>  Procurement triggered > sum of plant stock + firmed receipts below reorder point.

26.goods receipt > increase in stock.

27.transfer the stock from one batch to another batch > Only material document

28.Physical inventory executed for our own or for special stock

29.Transfer the stock from one valuation type to another valuation type material must be manage For different plants

30.Documents that are created for the goods movements and are the basis for the quantity and value update

31.Physical inventory is the recording of Stock Quantity

32.post the physical inventory difference > Material document and accounting document

33.NOT the special procurement >  Purchase Order

34.Movement Type
101	Goods receipt for a purchase order
261	Goods issue for a production Order
201	Goods issue for a cost centre
321	Release from quality inspection stock
541	transfer posting of components to Subcontractor location
501	Goods receipt without PO
411 K	Transfer Posting of Consignment Stock to Own Stock
311	Stock transfer from one storage location to another storage location

35.Goods Receipt for a Consignment PO > Material document and accounting document

36.Good Issue from consignment stock to consumption posted if the material is Unrestricted-use

37.Document type
RV	outline agreement requisition
ZB	EBS POSTING
NB	Standard PO
FO	PO's - FRAMEWORK
STO	STOCK TRANSPORT
WA WE WI WK WL	GOODS ISSUE GOODS RECEIPT  INVENTORY DOC  SAP VALUE CONTRACT  GOODS DELIVERY

38.Materials stock NOT maintained >  Non-stock

39.NOT the purchasing documents >  Invoice

40.special stock of consignment belong > Vendor

41.Sales order spiral stock >>  

a.specific Customer’s Sales order

b.For Sales order

c.For Customer

d.For Sales

42.TCODES
ME2L	PO by Vendor.
MR8M	Park Invoice
ME51N	creation of PR
ME33L	display Scheduling Agreement
MD02	Individual material stock requirement
MI07	post of the count document
OMS2	New material type config
OCM0	Cycle counting config
MRKO	Settlement of Consignment PO
MIRO
MIR4
MIGO
MB51	List display of material document report
MR21
MBSM
MR51
MB52	Plant stock availability
MB53
MB51	report of accounting document for material
MB5T
ME80FN	general evaluation of Purchase Order
S032	info structure is use for reporting of Stock.
MM06	Deletion of material number
OMJJ	new movement type creation

MM Questions V1

 1.What are the major movement  can be observed in evolution of Supply Chain

a.Three                               

b.Five   

c.Seven               

d.Six (Creation > Integration > Globalization > Specialization 1 > Specialization 2 > SCM 2.0)

2.Choose the correct combination of supply chain driver from below list

a.Production, Inventory, Quality, Transportation, Information

b.Production, Inventory, Transportation, Information, Sales

c.Production, Planning, Inventory, Quality, Location, Information

d.Production, Inventory, Location, Transportation, Information

3.Push  process in SCM is known as

a.Make to Stock

b.Make to Order

c.Assemble to Order

d.Assemble to Stock

4.In Supply chain management distributers

a.Produce the product 

b.Buy inventory in bulk and sell

c.Buy inventory in small and sell

d.give services

5.Which of the functions below is not  the function of Material Management

a.Procuring Material

b.Checking Quality of material  

c.Moving Material between various locations

d.Physical Inventory Management

6.Purchasing group is assigned to

a.Client

b.Plant

c.Purchase organization               

d.Company Code

7.Deletion of material number can be performed in transaction code

a.MM03

b.MM06

c.MM01

d.MM02

8.For creating service material which is the material type used in SAP

a.ROH

b.FERT

c.HULB

d.DIEN

9.Vendor material number field will be maintain in which of the below view under Vendor master record.

a.General Data 

b.Company code

c.Purchase organization

d.CIN details

10.Loading group field is maintained in which of the material master view

a.Basic data 2

b.sale Org. data 2

c.Sale General / Plant

d.Plant data and Storage 1

11.From selection below which one is NOT the step of procurement cycle

a.Vendor Selection

b.PO Processing              

c.Delivery Creation

d.Goods Receipt

12.Under which transaction code we can give vendor code to get the list of purchase for that vendor

a.ME2L

b.ME2N

c.ME2M

d.ME23N

13.SAP transaction code MR8M is used for

a.Creation of Invoice

b.Display Invoice Document

c.Park Invoice

d.Cancel Invoice Document.

14.Which is the SAP transaction code use for creation of Purchase requisition.

a.ME53N

b.ME51N 

c.ME55                

d.ME5A

15.How are the Quotations rejected on SAP?

a.By flagging as Close.

b.By flagging as Delete

c.By flagging as rejected

d.By Updating Status

16.In sap we can generate Automatic purchase order for those purchase requisitions for which we had assign

a.Material

b.Source of supply

c.Pricing Condition

d.Requisitioner

17.Item category ‘L’ is used

a.Consignment

b.Sub contract 

c.Standard

d.Stock Transfer

18.In SAP which transaction code is use to display Scheduling Agreement

a.ME35L

b.ME34L

c.ME33L

d.ME32L

19.Given a contract to vendor for A/C maintains servicing, stating that in a year he has to carry out a 4 services of an A/C unit. This type of contract is called as

a.Quantity Contract

b.Yearly Contract

c.Value Contract

d.Maintains Contract

20.A blanket purchase order contains a limitation on

a.Qty.

b.Materials

c.Value

d.delivery schedules

21.Economic order quantity is the that size of the order which gives maximum economy in

a.Inventory Management

b.Material Planning

c.Purchasing

d. Production quantity

22.JIT and EOQ are two models  which help us to determine

a.Minimum order Quantities

b.Effective order quantities

c.Effective Order Cost

d. Minimum inventory quantities

23.EOQ only applies where the demand for a product is constant over the year and that each new order is delivered in full when the inventory reaches to

a.Re-order stock

b.Safety stock

c.Minimum stock

d.Zero stock

24.Re-order point is the sum of Cycle Stock plus

a.Re-order stock

b.Safety stock

c.Minimum stock

d.Zero stock

25.What is known as Procurement cost

a.Cost of material along with transportation & handling

b.Costs associate with Purchase order processing

c.Costs associated due to opportunity lost because of shortage of particular material

d.Associated with a finished product for no-conformance to a specification

26.Individual material stock requirement at a plant, can be accessed through the transaction code

a.MD01               

b.MD04               

c.MD02

d.Md05               

27.SAP planning procedures can be divided into

a.Material Requirement Planning & Production Planning

b.Material Requirements Planning & Consumption-based planning

c.Production Planning & Production Scheduling

d.Material Requirement Planning & Sales Operation Planning

28.Planning run can NOT create

a.Planned order              

b.Delivery schedules

c.Production Order

d.Purchase requisition

29.Which are NOT the consumption-based MRP procedures

a.Reorder point procedure

b.Forecast-based planning

c.Time-phased materials planning

d.Qty discount procedures

30.In reorder point planning ___________________is triggered when the sum of plant stock and firmed receipts falls below the reorder point.

a.Planned order              

b.Outline Agreement

c.Production Order

d.Procurement

31.A goods receipt leads to an

a.decrease in stock

b.Transfer in stock

c.increase in stock.

d.change in stock

32.When we transfer the stock from one batch to another batch below document is generated.

a.Only material document

b.Material document and accounting document

c.Only accounting document

d.transfer document

33.Physical inventory can be executed for our own or for

a.external stocks.

b.customer stock

c.Vendor stock 

d.special stock

34.Transfer the stock from one valuation type to another valuation type material must be manage

a.For batch management

b.For different stores location

c.For spilt valuation

d.For different plants

35.Documents that are created for the goods movements and are the basis for the

a.quantity and movement update

b.quantity and value update

c.quantity and material update 

d.quantity and plant update

36.In SAP which transaction code is use to post of the count document

a.MI03 

b.MI33 

c.MI02 

d.MI07

37.Physical inventory is the recording of

a.Stock Value

b.Stock Movement

c.Stock Quantity

d.Stock location

38.When we post the physical inventory difference, the system creates

a.Only material document

b.Material document and accounting document

c.Only accounting document

d.transfer document

39.A subcontracting purchase order is created with Item category

a.'K'

b.'U'

c.'S'

d.'L'

40. Which is NOT the special procurement processes from the list below.

a.Direct Procurement

b.Consignment

c.Stock transfer               

d.Purchase Order

41.During transfer posting of components to Subcontractor location, what is the movement type used

a.Movt 541

b.Movt 261

c.Movt 101

d.Movt 501

42.While performing Goods Receipt for a Consignment PO, the documents below are posted

a.Only material document

b.Material document and accounting document

c.Only Accounting document

d.None of the above.

43.Good Issue from consignment stock to consumption can be posted if the material belongs to

a.Quality Inspection

b.Unrestricted-use

c.Reservation

d.Blocked

44.Transfer Posting of Consignment Stock to Own Stock is posted with

a.Movt 101‘K’

b.Movt 201 ‘K’

c.Movt 411’K’

d.Movt 261 ‘K’

45.Different types of document exist for PR. Which is the document type used for outline agreement requisition

a.RV

b.ZB

c.NB - standard PO

d.FO - Framework Order

46.Materials which the stock is not maintained in the system is known as

a.Services

b.Stock with valuation type

c.Stock 

d.Non-stock

47.From below list, which is RAW material type

a.FERT

b.DIEN

c.HALB

d.ROH

48.New material type configuration can be done in transaction code

a.OMJJ

b.OMS2

c.OMS1               

d.MM01

49.Standard Purchase Order document type is

a.RV

b.FO

c.UB

d.NB

50.Which is NOT the purchasing documents in SAP

a.Invoice

b.Contract

c.Scheduling Agreement

d.Purchase Requisitions

51.In Consignment purchase order we need to use the item category

a.‘L’

b.‘S’

c.‘K’

d.‘D’

52.The special stock of consignment is always belong to

a.Customer       

b.Plant

c.Company        

d.Vendor

53.Stock transfer from one storage location to another storage location we use movement type                 

a.301

b.311

c.302

d.312

54.Settlement of Consignment PO is executed via Transaction Code

a.MIRO

b.MRKO

c.MIR4

d.MIGO

55.Sales order spiral stock is always reserved for

a.specific Customer’s Sales order

b.For Sales order

c.For Customer

d.For Sales

56.List display of material document report can be run in

a.MR21

b.MB51

c.MBSM

d.MR51

57.Plant stock availability can be seen by running transaction code

a.MB53

b.MB52

c.MB51

d.MB5T

58.The report of accounting document for material is generated from

a.MB51

b.MR51

c.MR21

d.MD61

59.Transaction code ME80FN gives us the general evaluation of

a.Purchase Requisition

b.Outline Agreement

c.Purchase Order

d.Request for Quotation

60.S032 info structure is use for reporting of

a.Material Movements

b.Stock

c.Material Batch Movements

d.Planning