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SAP MM is a module in SAP ERP that manages materials and inventory management processes.
SAP MM stands for SAP Materials Management.
It is a module in SAP ERP (Enterprise Resource Planning) system.
SAP MM handles procurement, inventory management, and material valuation.
It integrates with other SAP modules like SD (Sales and Distribution) and FI (Financial Accounting).
Examples of SAP MM functionalities include purchase re...
Its apply in Aerospace department, medical department, Industrial department, Oil sectors department etc.....
GR stands for Goods Receipt. It is a process in SAP MM where goods are received into the inventory system.
GR is a crucial step in the procurement process as it confirms the receipt of goods from a vendor.
It involves verifying the quantity and quality of goods received against the purchase order.
GR helps in updating the inventory levels and triggering the payment process to the vendor.
Examples of GR documents in SAP MM ...
T-code for creating raw material in SAP MM module.
T-code MM01 is used to create raw material in SAP MM.
Enter material type, industry sector, material group, base unit of measure, etc.
Maintain purchasing data, accounting data, and plant data for the raw material.
Save the material master record after entering all relevant information.
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posted on 27 Nov 2024
I applied via Naukri.com and was interviewed in Oct 2024. There was 1 interview round.
E invoicing is the process of electronically sending and receiving invoices between businesses.
Eliminates paper-based invoices
Reduces errors and processing time
Improves efficiency and cost savings
Complies with legal requirements and regulations
Examples: sending invoices via email or using electronic data interchange (EDI)
TDS/TCS stands for Tax Deducted at Source/Tax Collected at Source, which are types of income tax collected by the government.
TDS is deducted by the payer at the time of making payment to the payee and deposited with the government.
TCS is collected by the seller from the buyer at the time of sale of specified goods and deposited with the government.
TDS/TCS rates vary based on the type of transaction and nature of income...
posted on 23 Jun 2024
I applied via Naukri.com and was interviewed in Dec 2023. There was 1 interview round.
based on 1 interview
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Engineer
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