SAP Materials Management Training
SAP MM training in Bangalore
SAP MM (Materials Management) is a module of the SAP Enterprise Resource Planning (ERP) package that is used for Procurement Handling and Inventory Management, supply chain management, logistics, materials planning. SAP MM is a core module. This particular module has got great scope and good demand. SAP MM consultants are being paid the highest salaries in the market. It is very useful for a long-term career basis.
The module has two important master data - material and vendor. Broadly, the various levels that can be defined for a SAP MM implementation are: Client, Company Code, Plant, Warehouse, Storage Location and Purchase Organization.
SAP Material Management is one of the most dominant modules in SAP ERP application and MM software module supports the inventory functions happening in day-to-day business operations. This MM module include lot of aspects such as goods receiving, purchasing, storage of material, inventory and consumption-based planning. SAP MM module is fully mixed with other modules in Sales and Distribution, SAP R/3 System such as Finance (FI), Controlling (CO), Plant Maintenance, Quality Management, Warehouse Management, and Production Planning. It support all phases of materials management purchasing, invoice verification, materials planning and control, goods receiving, inventory management,
An organizational unit in accounting that reflects a management-oriented structure of the organization for the purpose of internal control. Operating verdicts for profit centres can be analyzed using either the period accounting approach or cost of sales approach. By analyzing the fixed capital as well, you can expand your profit centres for use as investment centres.
Determines whether stocks of the material are valuated together or separately. Dependencies In the case of split valuation, this indicator also determines which valuation types are allowed, that is, the criteria by which stocks can be valuated.
Invoice Verification (MM-IV) A subdivision of a valuation category in split valuation. •, Average quality, High quality, Inferior
Hazardous material number
A number which signify the material as a hazardous material or as dangerous goods and assigns hazardous material data or dangerous goods data to it.
You can change valuation class of a material if that valuation class is available for the material type in which it is created. But simple change may not be possible as there are lot of dependencies. If there are open purchasing documents, open production order or if there are stocks, system will not allow changing the valuation class. If there are pen purchasing documents, you need to set the line items with deletion flag. if you have open production order, you need to change the production order status as deleted. If you have stocks, you need to transfer the stocks to an interim account Then you can change the valuation class. .