Professional Documents
Culture Documents
25+ Tricky SAP MM Interview Questions With SMART ANSWERS
25+ Tricky SAP MM Interview Questions With SMART ANSWERS
25+ Tricky SAP MM Interview Questions With SMART ANSWERS
Accelerate Your Career with Our Courses - Upto 30% Off + 20% Cashback Course Free | OFFER ENDING IN : Enroll Now!
Corparate: +91 93800 99996 Support: +91 8447 446 138
Student Login
+91-8376 802 119 +91-9150 806 357
SAP ERP (Enterprise Resource Planning) is a commercial software that integrates all the
information in a single software, considering various factors such as time and cost. Organizations Related Articles
can easily meet their business demands with the help of SAP.
1) What is the use of SAP Material Management module? Spring Boot Interview Questions And
Answers
Ans:
SAP Materials Management (MM) is a part of Logistics area and helps to manage the JAVA Developer | Openings in HCL
procurement activity of an organization from procurement. Technologies- Apply Now!
It supports all aspects of material management (planning, control etc).
Jobs in Coimbatore
It is the backbone of the Logistics area which incorporates modules like Sales and
Distribution, Production Planning, Plant Maintenance, Project Systems, Warehouse Best Selenium Tutorial | Quickstart –
Management which are extremely obsessed on Materials Management module. MUST-READ
2) What do you understand from Procurement process in SAP MM? Artificial Intelligence Tutorial – Learn AI
Ans: from Experts
Every organization acquires material or services to complete its business needs. The process of
TOP
buying materials and obtaining services from vendors or dealers is procurement.
https://www.acte.in/sap-material-management-mm-interview-questions-and-answers/ 1/17
23/03/2023, 11:58 25+ Tricky SAP MM Interview Questions with SMART ANSWERS
After gathering requirements one will look for the suppliers who can fulfill the Why Choose a Career in Digital Marketing?
requirements. Based on that quotation request or information request can be made to (19453)
suppliers or direct contact can be made with them.
Python Operators (18400)
Background Review
Once the supplier is known product/service quality is checked, and any necessities for
services such as installation, warranty and its maintenance are investigated. Some Popular Courses
samples of the products can be obtained for quality examination.
Netsuite Training
Negotiation
Some negotiations with suppliers is made regarding price, availability and delivery 14040 Learners
schedule of the products/services. After this a contract is signed that is a binding legal
document between supplier and ordering party. A contract will include all necessary
Microsoft Dynamics 365 Business
information like price and quantity of material, delivery date, etc. Central Training
Ordered material will be shipped, delivered to the ordering party and supplier is paid Microsoft Dynamics NAV Training
accordingly. Training and Installation of product or services may also be included.
14236 Learners
Consumption, Maintenance and Disposal
Internal document, it is the phase in which purchasing department is informed about the
requirement of items or services required for business purpose. 4.8 /5
Course Report
5) What are the different type of Basic Procurement?
Ans:
4.7 /5
There are 2 types of Basic procurement which are shown below − Software Suggest
Procurement for Direct Consumption − When procurement is for direct consumption i.e. it will be Understanding Agile Methodologies and
consumed as soon as it is received, the user should specify the consumption purpose. To order a Principles | A Complete Tutorial
material for consumption, the material may have a master record within the system.
Shiba Inu Coin (SHIB) Tutorial | A
TOP
7) What is External Procurement?
https://www.acte.in/sap-material-management-mm-interview-questions-and-answers/ 2/17
23/03/2023, 11:58 25+ Tricky SAP MM Interview Questions with SMART ANSWERS
External procurement − It is the process of procuring goods or services from external vendors.
TypeScript Vs JavaScript Tutorial | Learn
There are 3 basic forms of external procurement generally supported by the Purchasing
the Difference
component of IT system.
One time orders are generally used for material and services that are ordered irregularly.
Longer-term contracts with the subsequent issue of release orders – For materials that are being
Have Any Queries? Ask us
ordered regularly and in large quantities, we can negotiate deal with the vendor (seller) for pricing
or conditions & record then in a contract. In a contract you also specify the validity date. Chennai: 93800 99996
Longer-term scheduling agreements and delivery schedules – If a material is ordered on an
Branch Locations: Velachery |
everyday basis and is to be delivered according to an exact time schedule, then you set up a
Tambaram | OMR | Porur | Anna Nagar |
scheduling agreement.
T. Nagar | Thiruvanmiyur | Siruseri |
8) What is Internal Procurement? Maraimalai Nagar
Ans:
Internal Procurement − Large corporate organizations may own multiple separate businesses or Bangalore: 90927 99991
companies. Internal Procurement is process of getting material and services from among identical
company. So, each of these companies maintains a complete bookkeeping system with separate Branch Locations: BTM Layout |
Balance, Profit & Loss Statements so that when trade occurs between them it will be recorded. Marathahalli | Jaya Nagar | Rajaji Nagar |
Kalyan Nagar | Electronic City | Indira
9) What is Special Procurement?
Nagar | HSR Layout | Hebbal
Ans:
Special Procurement
Online Training: 93833 99991
Special stocks are stocks that are managed differently as these stocks did not belong to company
and these are being kept at some particular location. Experts Available 24x7 for your queries
10) What is Consignment Stock?
Ans:
Consignment Stocks
Looking for Trained
Material that is available at our store premises, however it still belongs to the vendor Candidates? Hire from us!
(seller)/Owner of the material. If you utilize the material from consignment stocks, then you have
to pay to the vendor. HR / Placements: 93833 99991
11) What are the common assignment types in SAP MM system?
Ans:
12) What are the different Info record types? Your Email
Ans:
Mobile Numb How & Wh
Standard
Consignment
Type Course Interested In
Subcontracting
Pipeline Your Message
Ans:
A deletion flag can be set at client level, plant level or storage location level. Transaction MM06 is CANCEL SUBMIT
used to mark a material for deletion.
14) What is the use of Purchase Info Record?
TOP
Ans:
https://www.acte.in/sap-material-management-mm-interview-questions-and-answers/ 3/17
23/03/2023, 11:58 25+ Tricky SAP MM Interview Questions with SMART ANSWERS
Purchasing info record stores information on material and vendor supplying that material. For
Example: Vendors current price of a particular material is stored in info record.
Ans:
Purchase info record can be maintained at plant level or at purchasing organization level.
Ans:
Purchase order is the formal and final confirmation of the requirements which is sent to vendor to
supply material or services. Purchase order will include important information like name of
material with its corresponding plant, details of purchasing organization with its company code,
name of vendor, and date for delivery of material.
Ans:
After processing of purchase order by vendor, material is delivered to ordering party and this
process is called as goods receipt. So, goods receipt is the phase in which the material is received
by the ordering party and the condition and quality are verified. Once material is verified against
quality then goods receipt is posted.
Ans:
T-Code: MIGO
19) What are the different Procurement types that you can create Purchase requisition?
Ans:
Consignment − Procuring material that is kept in company’s premises and paying to vendor for
that.
External service − Getting services like maintenance from third party vendor.
20) How can you create a Purchase Order from Purchase Requisition?
Ans:
Purchase Order from purchase requisition can be created by following below steps −
T-Code: ME21N
SUBSCRIBE
21) What is Request for Quotation RFQ?
TOP
Ans:
https://www.acte.in/sap-material-management-mm-interview-questions-and-answers/ 4/17
23/03/2023, 11:58 25+ Tricky SAP MM Interview Questions with SMART ANSWERS
Request for quotation is a form of invitation that is sent to vendors to submit quotation indicating
pricing and their terms and conditions.
RFQ contains details about goods or services, quantity, date of delivery and date of bid on which it
is to be submitted.
Ans:
In SAP system, you use Document Type to define different methods or procedures for a
transaction.
Ans:
The Price will be marked zero for free item. We can tick the item as free item while creating PO in
system.
Material type in SAP system is used to group various materials based on some common
properties.
Ans:
Ans:
Restricted Stock
Unrestricted Stock
Quality Inspection Stock
Blocked Stock
GR Blocked Stock
Ans:
28) What are the different Stock transfer types in SAP system?
Ans:
Inter Company
Intra Company
Intra Plant
Ans:
Ans:
Outline agreement is a long term purchasing agreement with vendor containing terms and
conditions regarding the material that is supplied by vendor.
Outline agreement are valid up to certain period of time and cover a certain predefined quantity
or value.
TOP
https://www.acte.in/sap-material-management-mm-interview-questions-and-answers/ 5/17
23/03/2023, 11:58 25+ Tricky SAP MM Interview Questions with SMART ANSWERS
Ans:
No
32) What do you understand by Material Master? How Material master is maintained in SAP
system?
Ans:
Material master contains information related to different material types like finished product, raw
material. Material master can be used for identifying a product, purchase material, goods issue or
good receipt, MRP and production confirmation.
For Material master data, use T-code: MM01 or go to Logistics → Production → Master Data →
Material Master → Material → Create (General) → immediately
Ans:
34) How do you create Purchase Order or Purchase Requisition from Material Requirement
Planning?
Ans:
The PR is created according to the safety stock mentioned for the material or can be triggered
from a requirement. For creating a PO, you need to have the scheduling agreement in place. After
the MRP is run the schedule lines are generated which are nothing but the PO.
Ans:
MRP run or planning run is an engine which is used to fill demand and supply gap. Issues &
Receipts are called MRP Elements. Issues include PIRs, Dependent Requirements, Order
Reservations, Sales Orders, Issuing Stock Transfer Orders, etc. and receipts include Production
Orders, Purchase Requisitions, Purchase Orders, Open Production Orders, Receiving Stock
Transfer Order, Schedule lines, etc.
Ans:
This is used to see current stock and planned receipts. Use T-code: MD04
Ans:
MRP List is used to generate static report that contains planning run material wise and it displays
time of MRP run at the top.
https://www.acte.in/sap-material-management-mm-interview-questions-and-answers/ 6/17
23/03/2023, 11:58 25+ Tricky SAP MM Interview Questions with SMART ANSWERS
A Production order is used to define the material to be produced, plant location where production
has to be done, date and time of production, quantity of goods required. A Production Order also
defines which components and sequence of operations are to be used and how the order costs
are to be settled.
39) How do you check the available stock at any point of time?
Ans:
You can use Stock overview to check the available stock at any point of time. Stock overview can be
checked using T-Code: MMBE
Ans:
Contract is a long term outline agreement between vendor and ordering party over predefined
material or services over certain framework of time. There are two types of contract −
Quantity Contract −
In this type of contract overall value is specified in terms of total quantity of material to be supplied
by vendor.
Value Contract −
In this type of contract overall value is specified in terms of total amount to be paid for that
material to the vendor.
Ans:
Ans:
Material document list is used to generate any goods movement such as goods receipt, goods
issue for a production order, etc.
43) Can you generate packing/picking lists for goods issue in SAP MM?
Ans:
Ans:
Scheduling agreement is a long term outline agreement between vendor and ordering party over
a predefined material or service which are procured on predetermined dates over a framework of
time.
Ans:
A particular material can be procured from different vendors depending upon the requirement.
So, total requirement of a material is distributed to different vendor’s i.e. quota is assigned to each
source of supply. This is known as quota arrangement.
Ans:
Ans:
SAP ERP systems were designed so that business can be conducted in an efficient way. Various
TOP
documents like purchase order, request for quotation, goods receipt are essential documents in a
business. These documents need security i.e. if any of documents is posted incorrectly then
https://www.acte.in/sap-material-management-mm-interview-questions-and-answers/ 7/17
23/03/2023, 11:58 25+ Tricky SAP MM Interview Questions with SMART ANSWERS
business can be affected at various concern levels. So, to secure these documents we have a
concept of posting period. Posting period means it will allow you to post and make changes in the
documents only in a specific time period.
Ans:
Posting period for a company can be defined using five fields which are as follows −
Ans:
Invoice verification marks the end of procurement after purchase order and goods
receipt.
Invoice posting will update all related documents in financial and accounting.
Blocked invoice that vary from actual invoice can be processed through invoice
verification.
Ans:
Purchasing
Inventory management
Invoice verification
Physical inventory
Valuation
Materials requirements planning
Materials master
Service master
Foreign trade/customs
Explore Curriculum
Ans:
Ans:
Basic procurement is of 2 types as listed below:
TOP
Procurement for Stock vs Consumption
https://www.acte.in/sap-material-management-mm-interview-questions-and-answers/ 8/17
23/03/2023, 11:58 25+ Tricky SAP MM Interview Questions with SMART ANSWERS
53) List few of the Common Stock Transport Order Movement Types?
Ans:
By utilizing MT 301, one step transfers of materials can be posted. The other different transport
scenarios vary in the MTs by the good receipt and good Issues. Common Goods Issues may utilize
MTs 303, 351, 641, or 643 in the STO. A STOs Good Receipt generally uses MT 101.
54) List the difference between SAP MDM and SAP MM?
Ans:
MM (Material Management) is a module which deals with the day to day operations of inventory
management (stuff related to material valuation, storage, requirement planning etc ) and
Procurement processes ( is related to goods, receipt, Purchase orders BOMs etc).
MDM refers to Master Data management, It is business specific data, which encompasses
information regarding vendor/customer names, Product descriptions, along with banking
information.
Ans:
In the MM module, the Pricing procedure is a channel for determining the prices in purchasing
documents. This give us functionality for assigning different calculation types for various needs.
During PO and RFQ creation In MM module, the pricing procedure is utilized. The total value of
material is based on all the addition and subtraction such as surcharge, discount, tax, freight, etc.
56) What are the steps needed to configure pricing procedure in SAP MM?
Ans:
57) What are the various steps involved in Procurement Cycle of SAP MM?
Ans:
Ans:
In T-Code: MIGO navigate to post Goods Receipt using the path given below −
TOP
https://www.acte.in/sap-material-management-mm-interview-questions-and-answers/ 9/17
23/03/2023, 11:58 25+ Tricky SAP MM Interview Questions with SMART ANSWERS
Logistics -> Materials Management -> Inventory management -> Goods movement -> Goods
movement
Ans:
By using the XK01 transaction code the user can successfully link the document with the vendor
master record or by utilizing the following menu path:
SAP Menu -> Logistics -> Material Management -> Purchasing -> Master Data -> Vendor -> Central -
> XK01-> Create.
Ans:
Special stocks are all those stocks which are managed separately as they don’t belong to your
company or these are stored at a specific location.
Ans:
Lister below the following special procurement types available in the SAP System:
Consignment
Subcontracting
Stock transfer using stock transport order
Third-Party Processing
Returnable transport packaging
Pipeline Handling
Ans:
Go to mm02 t.code
Enter your mat number
Now select the over screen and then select basic data 1,
Now you will find basic unit of measure which you can modify.
Ans:
The program RM07C030 verifies all the G/L account definition in your Material Master valuation
class. User can Search it via Company code and Valuation area.
Ans:
Data archiving removes mass data which is no longer required by the system (but that still should
be available for reporting) from the database. The SAP data archiving concept is typically based on
the archiving objects of the Archive Development Kit (ADK).
Ans:
The stock population is known as the total of all stock management units which are encompassed
in an inventory sampling. All these stock management units are exclusively defined through the
allocation of the stock management levels to a given inventory sampling. As a result of this, the
stock population is also defined when the user allocates the level of the stock management.
https://www.acte.in/sap-material-management-mm-interview-questions-and-answers/ 10/17
23/03/2023, 11:58 25+ Tricky SAP MM Interview Questions with SMART ANSWERS
The user can try to create a new movement type with reference to 201 movement type.
67) How can the user include new custom field in Services tab for a Service PO item?
Ans:
The user can modify the description in the In the user field by customizing (SPRO) and appended a
search help to it.
Ans:
Assume we are creating movement type 281 Goods issue for a network
Ans:
RTP (Returnable Transport Packaging) is referred to a multi-trip packaging medium (for instance,
containers or pallets) through which the goods can be transported multiple times between
customers and vendors. Returnable transport packaging from a vendor which is stored at a place
on your premises is treated as a special stock and is clearly assigned as a belonging to the vendor.
RTP is vendor’s property, therefore, it is excluded from the customer’s valuated stock.
70) How can the user post returnable Transport Packaging (RTP) Quantities at Goods
Receipt for Purchase Order?
Ans:
A quantity of returnable transport packaging can be entered at goods receipt for a purchase
order, as listed below:
In Inventory Management menu, navigate to Select -> Goods movement -> Goods receipt -
> For purchase order -> PO number known -> or path PO number unknown.
On the initial screen please enters the movement type (101) and also the order number (or
the selection criteria for the purchase order).
Now please select and copy the required items.
Now in the overview screen, choose Edit -> W/o purchase order -> Enter.
A popup window will appear, Please enter the movement type and the special stock
indicator (e.g. 501 M ) for the quantity of returnable transport packaging.
Now please enters the returnable transport packaging items.
At last, post the goods movement.
71) How can you transfer Posting of RTP stock between Storage Locations?
Ans:
A transfer posting of RTP stock between two storage locations is entered as listed below:
https://www.acte.in/sap-material-management-mm-interview-questions-and-answers/ 11/17
23/03/2023, 11:58 25+ Tricky SAP MM Interview Questions with SMART ANSWERS
Now nvigate to Movement type Transfer posting -> RTP stock -> SLoc to SLoc -> ( -> 311 M
->).
Now give the plant and the issuing storage location.
Give vendor and the receiving storage location on the next screen.
Please enter all the items.
At last, post the goods movement.
72) What is the difference between the stock transfer between two plants belonging to
same company code and those belonging to different company code?
Ans:
The stock transfer between two plants are done with one Company code
Purchase Order Type ‘UB’ is used in this case
Delivery Type ‘NL’ is used
Goods Movement type is 641 for Intra Company
Item Category in delivery is NLN
Two Different Company Codes are required for Stock Transfer Purchase Orders between
two plants
Purchase Order Type ‘NB’ is used in this case
Delivery Type ‘NLCC’ is used
Goods Movement type is 643 for Inter-Company
Item Category in delivery is NLC
Ans:
In Sub-contracting, we send raw material or input material to sub-contractor and then receive the
finished goods. A sub-contracting PO is created with item category ‘L’. Input material is sent to
vendor for processing with movement type 541. When GR is done using movement type 101,
movement type 543 takes place automatically and takes care of consumed material.
Ans:
A contract is a pre-determined long term agreement to supply material or service for a certain
period of time. Specific delivery dates are not mentioned in the contracts. Contracts can be of two
types: Value Contract or Quantity contract
In Scheduling agreements, we can enter scheduling lines which gives details of quantity that
should be delivered on specific date. Plant must be entered in SA so that materials can be
delivered at plant. These are generally used for materials whose requirements are predictable.
Ans:
A batch is a subset of the total stock of a material. It represents a homogeneous unit which has
unique specification. Normally, a batch is assigned to the quantity of material produced during a
given production run. A batch number uniqueness can be assigned at any of the following 3 levels:
At client level: The same batch number can be assigned only once within the entire client.
At material and plant combination level: Same batch number can be assigned to material with
different specification in each plant.
At material number level: A batch assigned to a material has the same specification for all plants
where material is extended. Batch number can be reassigned with a different specification for
TOP
each material.
https://www.acte.in/sap-material-management-mm-interview-questions-and-answers/ 12/17
23/03/2023, 11:58 25+ Tricky SAP MM Interview Questions with SMART ANSWERS
76) IF YOU HAVE A MULTI-LINEITEM PO, CAN YOU RELEASE THE PO ITEM BY ITEM?
Ans:
No, a PO is released at the header level meaning a total release or “With Classification”. PRs, on the
other hand, have two release procedures possible. “With Classification” as described above, and
“Without Classification” where it is only possible to release the PR item by item
Ans:
Perform a price comparison using ME49 and one may compare quotations from different
vendors.
Ans:
Once a vendor has received an RFQ, the vendor will send back a quote that will be legally binding
for a certain period of time. Specifically, a Quotation is an offer by a vendor to a purchasing
organization regarding the supply of material(s) or performance of service(s) subject to specified
conditions.
Ans:
Invoices based on Purchase Orders. With purchase-order-based Invoice Verification, all of the
items of a purchase order can be settled together, regardless of whether or not an item has been
received in several partial deliveries. All of the deliveries are totaled and posted as one item.
Invoices based on Goods Receipts. With goods receipt-based Invoice Verification, each individual
goods receipt is invoiced separately. Invoices without an order reference. When there is no
reference to a PO, it is possible to post the transaction directly to a Material Account, a G/L
Account, or an Asset Account. You can park Invoices that reference POs and GRs as well as Invoices
with no reference in the system. When you park a document or change a parked document,
neither substitution nor validation is supported.
Ans:
Within a valuation area, sometimes, we need to valuate various stocks of a material separately. It
can be because of different origin, quality, status, etc. We use split valuation in such cases. In this
case, material is managed at several partial stocks which are sub-stocks of main material stock.
Any transaction, relevant for valuation, is carried at this partial stock level. In accounting view, we
define if we need split valuation for any material.
Ans:
Once OBYC settings are properly done, system finds the correct G/L account using the following
data:
Chart of Accounts: Chart of Accounts is determined based on plant or company code used in
transaction
Valuation Grouping Code: It is determined based on the valuation area. Valuation Grouping Code
is maintained in t-code OMWD.
Transaction Key: eg. BSX, GBB etc. Transaction keys are determined automatically from the
transaction (invoice verification) or the movement type (inventory management).
Account grouping /Account Modifier (only for offsetting entries, consignment liabilities, and price
differences)
Valuation class of material or (in case of split valuation) the valuation type: The valuation class
allows you to define automatic account determination that is dependent on the material. This can
be achieved by assigning different valuation classes to the materials in material master
TOP
https://www.acte.in/sap-material-management-mm-interview-questions-and-answers/ 13/17
23/03/2023, 11:58 25+ Tricky SAP MM Interview Questions with SMART ANSWERS
(Accounting view) and by assigning different G/L accounts to the posting transaction for every
valuation class.
Ans:
The business area is an organizational unit within financial accounting. It corresponds to a defined
business segment or area of responsibility, to which value movements recorded in Financial
Accounting can be assigned. It is usually derived automatically as it linked to other organizational
units. For eg. Business area for a combination of plant and division is maintained by t-code OMJ7.
Ans:
Cost Center accounting is used for controlling purposes. It is an organizational unit within a
controlling area which represents a defined location of cost incurrence. For example, any
department can be a cost center for recording all expenses incurred for that department.
Ans:
Profit Center Accounting evaluates the profit or loss of individual, independent areas within an
organization. Profit center is an organizational unit in controlling to recognize your profit. Profit
center is attached to material master at plant level.
Ans:
Tax can be calculated for each line item of a PO separately based on the tax code. Earlier TAXINJ,
which is a formula based tax procedure, was used. Now, TAXINN, which is a condition based tax
procedure, is generally used. Tax procedure contains the condition type and necessary
specification for each condition type. Account keys are assigned to condition types and these
account keys determine the G/L to which the tax amount is to be posted(OB40). These account
keys are maintained using t-code OBCN. (All these transactions are under Financial Accounting
Global Settings Tax on Sales/Purchases Basic Settings). Tax codes are assigned to country codes
and country are linked with tax procedure. Thus, based on tax code, corresponding tax procedure
is determined and then calculation is done based on condition types in that tax procedure.
Ans:
Scrap can be maintained in BOM as operational scrap, component scrap, By-Product or Co-
Product. Common practice is to maintain scrap as by-product and receive it back along with
processed material.
Ans:
RFQ is a Request for quotation. It is an invitation that is sent to sellers to submit quotes showing
pricing and also terms and conditions. RFQ also has details regarding the date of delivery, goods
and services, quantity, and date of submission also.
Ans:
Ans:
TOP
https://www.acte.in/sap-material-management-mm-interview-questions-and-answers/ 14/17
23/03/2023, 11:58 25+ Tricky SAP MM Interview Questions with SMART ANSWERS
MIRO means movement in receipt out. It deals with invoice verification activities in terms of bills
that raised from the vendor’s end. MIRO is basically used by MIRO.
Ans:
RFI means a request for information. It is used for the business process that assembles written
information about the competencies of sellers.
Ans:
RFP means Request for Proposal. It is a document where a proposal is sent by a company or
agency for the acquisition of some goods and services to any potential seller to send business
proposals.
Ans:
First, enter the t-code (transaction code) as ME41, then enter the RFQ type as ‘AN.’
After this, write down the location, i.e., the late date when the seller submits the quotation. Now,
enter the purchasing group, delivery date, and other information, and press on the click button.
After this, you will be able to watch a new screen wherein you have to fill the item codes. Now enter
the item codes and also the vendor’s details.
Ans:
When the physical inbound transfer of material and goods are made into the warehouse is known
as Goods receipt. It includes the transfer of those goods that have received from in-plant
production or external vendors. Issuing of goods receipt always results in a hike in stock in the
warehouse.
When the receipt of goods are posted with reference to the purchase order with which products or
goods were ordered are known as a post-goods receipt. When the material is sent with reference
to a purchase order, then all departments must make an entry in the system references.
Ans:
You can create a vendor by using the transaction code XK01 and performing the following steps:
Add the vendor name, company code, purchasing organization, account group, and
vendor address.
Add the country, bank key, bank account, and the name of the account holder.
Save the data.
This creates a vendor record in the system.
Ans:
The general data, i.e., the data applicable to the company as a whole, is stored at the client level. (
apex training )
Ans:
Vendor master data contains details of each vendor that supplies materials or services to an
enterprise. The vendor master data is stored in individual vendor master records consisting of
TOP
data, such as the vendor’s name, the vendor’s address, the currency used for the transaction,
https://www.acte.in/sap-material-management-mm-interview-questions-and-answers/ 15/17
23/03/2023, 11:58 25+ Tricky SAP MM Interview Questions with SMART ANSWERS
payment terms, and the contact person’s name (on the sales staff).
Ans:
General data— Provides general information about the vendor that can be entered into the
system for creating vendor records. General data can provide the name, address, telephone, and
fax of the vendor through specified search terms. Additional information can also be added to the
vendor master record by the accounting and purchasing departments using the transaction code
XK01.
Accounting data —Refers to financial information entered at the company code level. The financial
information includes tax information, bank details, reconciliation account, payment terms,
payment methods, and dunning information. You can enter this financial data using the
transaction code FK01.
Purchasing data —Refers to data entered while creating a vendor at the purchasing organization
level. Different purchasing organizations have different purchasing data. The purchasing data
includes partner functions, purchasing default fields, and invoice verification indicators. You can
enter this data using the transaction code MK01.
98) What are the prerequisites for creating a purchasing info record?
Ans:
Material number —Before creating a purchasing info record, the material number of the material
master record should be known.
Manufacturer part number (MPN) material number —Before ordering a material that has an MPN,
you must know its MPN material number.
Vendor number —You should also know the number on the vendor master record.
99) What are the differences between company-owned special stocks and externally-
owned special stocks?
Ans:
The differences between company-owned special stocks and externally-owned special stocks are
listed in the following table:
Stocks that belong to the company but are stored with the wholesaler or the customer are called
company-owned special stocks.
Stocks that belong to the wholesaler or the customer but are stored at the company are called
externally-owned special stocks.
Externally-owned special stocks are managed at the place where they are stored. ( data science
online training )
Organizational level —If the purchasing info record is for a particular purchasing organization or
plant, then the code specific to that purchasing organization or plant is required.
Social Share:
TOP
https://www.acte.in/sap-material-management-mm-interview-questions-and-answers/ 16/17
23/03/2023, 11:58 25+ Tricky SAP MM Interview Questions with SMART ANSWERS
Course Enquiry ACTE Velachery ACTE Tambaram ACTE OMR ACTE Porur
Corporate Training No 1A, Sai Adhithya No :No:31, Alagesan No 5/337, 2nd Floor, No 100/5, 1st Floor,
Building, Street, Vinayaga Avenue, Mount Poonamalle
+91 93800 99996
enquiry@acte.in Taramani Link Road, West Tambaram Oggiyamduraipakka Trunk Road, Lakshmi
Velachery, Chennai - 600 045 m, OMR, Nagar, Porur,
Online | Classroom Training Chennai, Tamil Nadu Landmark: (Backside Landmark: (Near Chennai - 600 116
600042 Tambaram Main Bus Cognizant & Landmark: Next To
+91-8376 802 119
Bus Stand & Next to 63850 44691 / Chennai-600096 93800 99996 / 81487
Student | Trainer Support
Athipathi Hospital 81482 68396 / 72004 95661 05791 / 78831
+91 8447 446 138
Our Locations ACTE Anna Nagar ACTE T. Nagar ACTE Adyar ACTE
Thiruvanmiyur
CHENNAI 53-K, 1st Floor, No.136, Habibullah No.18, Second
BANGLORE W-Block, 4th Street, Road, Street, 81, Lattice Bridge
T.Nagar, Chennai - Padmanabha Nagar, Road,(Kalki
HYDERABAD Anna Nagar,
600 017 Krishnamoorthy
Chennai - 600 040 Adyar,Chennai -600
PUNE Salai)
72001 16190 / 020
Kandasamy College / Chennai,Tamil Nadu
TRICHY 13846 95661 05791
Roundana) 600041 (Map)
SALEM 93800 99996 /
Landmark - Opposite
72001 16190 / 73057 to Jeyanthi Theatre
PONDICHERY
13846
81487 78831 /
95661 05791
We are conveniently located in several areas around Chennai and other parts of India. If you are staying or looking training in any of these areas, Please connect with our career
advisors to discover your closest branch.
Our Service Location: Adambakkam, Adyar, Alwarpet, Arumbakkam, Ashok Nagar, Ambattur, Anna Nagar, Avadi, Aynavaram, Besant Nagar, Chepauk, Chengalpet, Chitlapakkam,
Choolaimedu, Chromepet, Egmore, George Town, Gopalapuram, Guindy, Jafferkhanpet, K.K. Nagar, Kilpauk, Kodambakkam, Koyambedu, Madipakkam, Maduravoyal, Mandaveli,
Medavakkam, Meenambakkam, Mogappair, Mount Road, Mylapore, Nandanam, Nanganallur, Neelankarai, Nungambakkam, Padi, Palavakkam, Pallavaram, Pallikaranai, Pammal,
Perungalathur, Perungudi, Poonamallee, Porur, Pozhichalur, Purasaiwalkam, Royapettah, Saidapet, Santhome, Selaiyur, Sholinganallur, Singaperumalkoil, St.Thomas Mount,
Tambaram, Teynampet, T.Nagar, Thirumangalam, Thiruvanmiyur, Thiruvotiyur, Thoraipakkam, Urapakkam, Vandalur, Vadapalani, Valasaravakkam, Velachery, Villivakkam,
Virugambakkam, Washermanpet, West Mambalam.
PS: We assure that traveling for 10 - 15 mins additionally, it will lead you to the “The Best Training Institute of Us” which is worthy of your money and career.
By continuing past this page, you agree to our Privacy Policy, Refund Policy, Terms and Conditions, Cookie Policy, Terms of Use Disclaimer.
TOP
https://www.acte.in/sap-material-management-mm-interview-questions-and-answers/ 17/17