MM Training - Day 9 Exercises

I. Consignment Material

You have an agreement with two different vendors to supply consignment

material to your company. The consignment material is considered
available for MRP purposes. However, it is not valued because it is still
owned by the vendor. You take ownership of the material when you issue it
to a cost center or transfer it into your own stock. You settle your
consignment liabilities with the vendor monthly.

Display the stock overview for your consignment material T-RNC## in plant
1000.

To which vendor does the consignment stock belong?

____________________________________________________________

What consignment price has been negotiated with the vendor?

______________________________________________________

Write down the stock situation in the table below for your consignment material
TRNC## in plant 1000.

(Stock Overview)

Display the Accounting 1 view on the material master for material T-RNC## in
plant 1000 and write down the following information.

What is the total stock quantity? __________________________

What is the total value of this unrestricted-use stock?
____________________________________________________
Cost center T-L## requires 50 pieces of material T-RNC## in three weeks.
Create a withdrawal reservation for plant 1000. You do not know from which
storage location the material will be taken, so you leave it blank.

Reservation number: __________________________________________

Display the stock/requirements list for T-RNC##. How does the reservation affect
the available quantity during the next two months?
____________________________________________________________

Display consignment purchase order 415108-##.

Which vendor is listed on the purchase order?
______________________________________________________

What is the item category?

______________________________________________________

What is the purchase order price?

______________________________________________________

The consignment material T-RNC## is supplied by vendor T-K10B##. Display

the info record to see the consignment price that has been negotiated with the
vendor for purchasing organization 1000 and plant 1000.
Price: ______________________________________________________

Vendor T-K10B## delivers the consignment material on purchase order 415108

## to plant 1000. The packaging is damaged, so you post a receipt of 10 pieces
to blocked stock and send the remaining 90 pieces to quality inspection in
storage location 0001. Post this goods receipt using one material document.

What are the special stock types?

______________________________________________________

What menu path do you use to create the second item on the document?
______________________________________________________
Material document number: _______________________________

Display the material document. Is there an accounting document for the goods
receipt?
____________________________________________________________

Display the Accounting 1 view on the material master for material T-RNC## in
plant 1000. Answer the following:

Has the total stock quantity changed?

______________________________________________________
Has the total value of this unrestricted stock changed?
______________________________________________________

Why? ________________________________________________
______________________________________________________

Display the stock overview for material T-RNC## in plant 1000 for all storage
locations and write down the stock situation.

(Stock Overview)

The 90 pieces of material T-RNC## from vendor T-K10B## passed the quality
inspection. Carry out the transfer from quality inspection consignment stock to
unrestricted-use consignment stock within storage location 0001.

Which special stock indicator is used?

______________________________________________________
Movement type: _________________________________________
Material document number: ________________________________

Display the stock overview for material T-RNC## for all storage locations in plant
1000 and write down the following information.

(Stock Overview)
Issue 50 pieces of material T-RNC## from consignment stock in storage location
0001 (vendor T-K10B##) with reference to the reservation for cost center T-L##.

Which special stock indicator do you use?

______________________________________________________
Material document number: _______________________________

Display the material document.

Is there an accounting document for this goods movement?

______________________________________________________

Which G/L accounts have been updated?

______________________________________________________
______________________________________________________
______________________________________________________

You have agreed with vendor T-K10B## to regularly transfer unrestricted-use

consignment stocks to your own stock at the end of the quarter. First, check the
stock overview for material T-RNC## to see the quantity of unrestricted-use
consignment stock remaining for vendor T-K10B##.

(Stock Overview)

Transfer this remaining quantity of unrestricted-use consignment material

TRNC## into unrestricted-use stock within the same storage location. Update the
current stock situation in the table.
Movement type: _______________________________________________
Material document number: ______________________________________

(Stock Overview)

What movements of consignment stock have taken place during the last two
months for material T-RNC##? How can you display this information?
___________________________________________________________
What liabilities from vendor consignment accrued during the last two months for
vendor T-K10B##?
Total value: _________________________________________________

Settle your consignment liabilities with vendor T-K10B## by running the

settlement program.
Invoice document number: _____________________________________

II. Physical Inventory

Your company carries out physical inventories periodically. You have to

check the stock quantity in the plant. You sometimes use various stock
types to manage a material, for example, blocked stock, stock in quality
inspection, or unrestricted-use stock. You carry out the physical inventory
manually or using the batch function. If a count result seems unlikely, you
may carry out a recount.

Create a physical inventory document for plant 1000, storage location 0001. The
count is supposed to take place in two days, so you do not have to set the
posting block. For the physical inventory document, assign the physical inventory
number G## to your group. The following materials and stock types are to be
counted.

Number of physical inventory document __________________________

Enter the physical inventory count for the document. Enter a variance of 5% on
the initial screen and use the values in the table for the items in your document.
Remember to set the zero count indicator.
Display the physical inventory document. Call up the history and statistics for the
first material in the document and answer the questions below.

Who entered the count? ________________________________________

What is the physical inventory status? _____________________________

What is the quantity? __________________________________________

What is the book quantity? ______________________________________
What is the difference quantity? __________________________________

Create a list of differences and analyze the counts you have entered.
Choose the first item of your document for a recount and assign the physical
inventory number G## again.
Physical inventory document ___________________________________

Enter the count for the recount document.

Post the differences from your two physical inventory documents.

____________________________________________________________

Display the material document number. Is there an accounting document?

What is the accounting entry?
What is the quantity difference? ________________________________
What is the value difference? ___________________________________
Material document number _____________________________________

Display the physical inventory data for your material. Has a physical inventory
been carried out for the material in this fiscal year?
____________________________________________________________

Display the physical inventory documents for your material.