NTT DATA Business Solutions Associate SAP MM Consultant Interview Questions, Process, and Tips for Experienced

P2P stands for Procure to Pay, a process that involves requisitioning, purchasing, receiving, paying for goods or services.

• P2P starts with a purchase requisition, where a user requests goods or services.

• Next, a purchase order is created and sent to the supplier.

• Goods or services are received and inspected upon delivery.

• Finally, the supplier is paid for the goods or services rendered.

• P2P process helps streamline procure...read more

SAP ERP system is an integrated software suite that helps businesses manage their operations and resources efficiently.

• SAP ERP system integrates various business functions like finance, HR, sales, and procurement.

• It provides real-time data and analytics to help businesses make informed decisions.

• SAP ERP system streamlines processes, reduces manual work, and improves productivity.

• Examples of SAP ERP modules include SAP ...read more

Special procurement is a procurement process in SAP MM that allows for unique sourcing methods.

• Special procurement types include subcontracting, consignment, pipeline, stock transfer, and third-party processing.

• These procurement types are used when standard procurement methods are not suitable or when specific requirements need to be met.

• For example, subcontracting is used when a vendor processes materials provided by ...read more

Release strategy determines the approval process for purchasing documents, while pricing procedure determines how prices are calculated in SAP MM.

• Release strategy is used to define the approval process for purchase requisitions, purchase orders, etc.

• It involves setting up release codes, release groups, and release indicators to determine who can approve a document.

• Pricing procedure is used to determine how prices are c...read more

Automatic account determination is a feature in SAP MM that automatically determines the G/L accounts for various transactions based on predefined rules.

• Automatic account determination is based on the valuation class, transaction key, and chart of accounts.

• It helps in ensuring accurate accounting entries without manual intervention.

• For example, when a goods receipt is posted in SAP MM, the system automatically determin...read more