ITC Infotech SAP MM Consultant Interview Questions and Answers

P2P cycle involves procurement of goods and services, pricing procedure determines the calculation of prices, release strategy is used for approval of purchase orders, STO inter and intra company configuration is used for stock transfer between different plants or companies.

• P2P cycle involves requisition, purchase order creation, goods receipt, and invoice verification

• Pricing procedure determines the calculation of pri...read more

Automatic account determination is a feature in SAP MM that assigns the appropriate general ledger accounts to various transactions and processes.

• Automatic account determination is based on predefined rules and settings in the system.

• It ensures that the correct general ledger accounts are used for different procurement and inventory management activities.

• The account determination process considers factors such as mater...read more