What questions are asked in SAP MM interview?
Frequently Asked SAP MM Interview Questions
- What is the difference between CBP and MRP?
- What do you know about SAP MM?
- Explain in detail the order of purchase?
- What are the important criteria in purchasing?
- What is the code for deleting a particular batch?
- How is a receipt posted?
- What is known as RFQ?
- What is CBP?
What are the various types of master data in the MM module?
The different types of master data in the MM module are as follows:
- Material master.
- Vendor master.
- Purchasing information record.
- Source list.
- Quota arrangement.
What are the main topics in SAP MM?
The most necessary components of SAP MM or SAP Material Management are:
- Vendor Selection.
- Source determination.
- Invoice Verification.
- Order Processing.
- Order follow up.
- Determine requirements.
- Goods receipts and Inventory management.
What is P2P cycle in SAP MM?
The P2P cycle, also known as the procure to pay process, is a key business function in SAP and other ERP systems. It covers the entire process of acquiring goods and services from suppliers and paying for them. This process begins with requisitioning goods or services and pays the supplier for those goods or services.
What is the difference between master data and transaction data?
Transactional data relates to the transactions of the organization and includes data that is captured, for example, when a product is sold or purchased. Master data is referred to in different transactions, and examples are customer, product, or supplier data.
Why is master data important in SAP?
Master data is needed to make decisions on all company levels. Business processes throughout the entire company rely on master data. High-quality master data helps to improve the operational efficiency of a company. With high-quality master data, costs can be reduced.
What is SAP MM in simple words?
SAP MM (Materials Management) is a module in SAP ERP Central Component (ECC) that provides companies with materials, inventory and warehouse management capabilities.
What is the flow of MM in SAP?
This speeds the process of creating requests for quotation (RFQs), which can be sent to vendors electronically via SAP EDI, if desired. The system is capable of simulating pricing scenarios, allowing you to compare a number of different quotations. Rejection letters can be sent automatically.
What is 2way match?
2-Way Matching Two-way matching verifies that purchase order and invoice information match within your tolerances as follows: Quantity billed is less than or equal to quantity ordered. Invoice price is less than or equal to purchase order price.
Why GR IR account is used?
A GR/IR (goods-receipt/invoice-receipt) clearing account is a bookkeeping device that can be used when goods arrive before the invoice is generated, or when an invoice arrives before the goods are delivered.
What is RTP process in SAP MM?
Returnable transport packaging (RTP) is a multi-trip packaging medium (for example, pallets or containers) in which goods can be transported more than once between vendors and customers.
What is third party process in SAP MM?
In third-party process the delivery of the goods required by the customer is not done by sales organization where customer orders. Instead, the request of the goods is forwarded to an external vendor who sends the material directly to the customer.