SAP MM Support Consultant Interview Questions and Answers for Freshers

There are three types of stock flow: goods receipt, goods issue, and transfer posting.

• Goods receipt: Involves receiving goods into the warehouse or stock location.

• Goods issue: Involves issuing goods from the warehouse or stock location.

• Transfer posting: Involves transferring goods from one stock location to another.

Stock valuation is the process of determining the value of a company's inventory.

• Stock valuation can be done using various methods such as FIFO, LIFO, weighted average cost, or standard cost.

• The valuation method chosen can impact the financial statements and tax liabilities of a company.

• It is important to regularly review and adjust stock valuation methods to ensure accuracy and compliance with accounting standards.