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Sap Mm Training Institute In Gurgaon
Overview of SAP MM module
SAP ERP (Enterprise Resource Planning) is a commercial software that integrates all the details in one single software, considering various factors such as for example some time cost. Organizations can very quickly meet their business demands with the aid of SAP.
SAP Business Process
SAP MM could be the short form for SAP Material Management system. The roles of SAP MM in a small business process are the following −
A business process in SAP is known as a “module”.
• SAP MM is an integral part of logistics functions and it also helps in managing the procurement activities of a company.
• It supports every aspect of material management (planning, control, etc.).
• This is the spine of strategies that integrates segments such as Production Planning, Project Systems, Sales and Distribution, Plant Maintenance, and Warehouse Management.
Materials Management module in SAP is made from several components and sub-components. The essential prominent and widely used are Master Data, Purchasing and Inventory.
All those components have their sub ...
... components which can be essential in specific business processes, SAP MM Training Institute in Gurgaon and all sorts of the processes are executed making use of transactions.
Transaction (in SAP) means processing of certain information so that you can complete business process requirement. For instance, if you have got purchased 10 items of litter buckets, you can easily perform particular transaction code (t-code) that may reflect those alterations in SAP. Almost all the business processes involve multiple SAP transactions to be accomplished consequently they are spread over one, a couple of modules.
Let’s briefly speak about the many sub-modules in SAP MM
Master Data
What exactly is Master Data?
Master information is the core data which is used as a base for almost any transaction. If you must be creating, moving stock, selling, purchasing, performing a physical inventory, no matter what your exercise is often, it requires specific master information to be preserved.
Illustration of Master Data
• Material master data
• Customer master data
• Vendor master data
• Pricing/conditions master data
Purchasing
Purchasing is a factor of SAP MM module, and its own process may be roughly depicted in below diagram.
MRP (material resource planning) creates procurement proposal and later gets changed into Purchase Requisition. Next move is assigning a source to acquire Requisition and launch of Purchase Requisition. The PR gets changed into Purchase Order, and upon goods receipt, an invoice receipt can be carried out to accomplish the purchasing process. Additionally, payment is processed (in FI module).
Inventory Management
Inventory management is employed to handle the inventory when it comes to goods. It really is predicated on several key processes. Concept of movement types, reservations, goods issue and goods receipt.
We now have already done basic goods receipt process when you look at the purchase order topic, referencing it to a PO.
There are lots of functions and transactions found in the Inventory management processes, and we'll cover the main in this tutorial.
Pricing Procedure
Pricing procedure in MM module is an approach to determine prices in purchasing documents. It offers us functionality to assign different calculation types for different needs. Defining a pricing procedure can be carried out by creating an access sequence and assigning it to condition types. Access sequence tells the device locations to seek out the disorder values. It may search multiple condition tables predicated on our settings. Tables have different priority and differing key fields. Persistence with regards to the pricing method is essentially determining the computation schema to a combination of merchant schema group and purchasing firm schema group. So, you ought to go into the vendor schema group on vendor master, and assign schema group to purchasing organization, when it comes to system to get the calculation schema to be utilized when you look at the document.
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