Sap Mm Interview Questions And Answers
SAP MM Interview Questions and Answers
SAP MM (Material Management) is a module in SAP ERP that deals with managing materials or goods in an organization. This could include procurement, inventory management, and invoice verification. During an interview for an SAP MM role, the interviewer may ask questions about your experience with different processes, such as purchase orders, vendor management, and inventory management. They may also ask about your knowledge of SAP MM functionalities and your ability to troubleshoot issues. It is important to prepare for these questions and provide specific examples from your past experiences to demonstrate your proficiency in SAP MM.
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1 - What is SAP MM?
SAP MM (Material Management) is a module of SAP ERP system that deals with procurement and inventory management. It is used to manage all aspects of materials, from purchase requisitions and purchase orders to goods receipt and invoice vefication.
2) What are the key components of SAP MM?
The key components of SAP MM are procurement, inventory management, material valuation, invoice verification, and material planning.
3) What is a purchasing organization in SAP MM?
A purchasing organization is an organizational unit in SAP MM that is responsible for procuring materials and services. It handles all procurement activities, such as determining the source of supply, negotiating with suppliers, and issuing purchase orders.
4) What is a source list and what are its uses?
A source list is a list of possible sources for a particular material. It specifies the preferred sources for procurement of the material and acts as a guide for the procurement department. It is also used to determine the source of supply for planning, scheduling, and purchasing activities.
5) What is a material master in SAP MM?
The material master is a central data repository in SAP MM that contains all information related to a material. It is the primary source of information for managing materials in SAP MM, such as material descriptions, prices, unit of measure, and stock levels.
6) What is a purchase requisition and how is it created?
A purchase requisition is a request for materials or services that are needed to carry out production or maintenance activities. It is created by a department or user in the organization and forwarded to the procurement department for procurement of the required material.
7) What is a purchase order and how is it created?
A purchase order is a legally binding document that is created by the purchasing department to procure materials or services from a vendor. It contains information such as material details, quantity, price, delivery date, and payment terms.
8) What is a good receipt and how is it processed in SAP MM?
A goods receipt is a process of receiving ordered materials into the warehouse or stock location. It is processed in SAP MM by posting a goods receipt document against the purchase order, which updates the inventory and financial records in the system.
9) What is an invoice verification in SAP MM?
Invoice verification is the process of verifying the accuracy of vendor invoices against purchase orders and goods receipts. It involves matching the invoice with the purchase order and goods received data and making payments to the vendor based on the findings.
10) How does SAP MM integrate with other modules in SAP ERP?
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SAP MM integrates with other modules such as SAP SD (Sales and Distribution), SAP FI (Financial Accounting), and SAP PP (Production Planning). For example, it shares data with SAP SD for customer order fulfillment and with SAP FI for financial postings related to purchasing.
11) What is material planning in SAP MM?
Material planning is a process of determining the materials that are needed for production or maintenance and scheduling their delivery. It involves creating purchase requisitions, source lists, and material forecasts to ensure a continuous supply of materials.
12) What is the purpose of inventory management in SAP MM?
Inventory management in SAP MM is vital for tracking the movement of materials within an organization's stock locations. It helps optimize stock levels, monitor stock movements, and minimize inventory costs.
13) What is material valuation in SAP MM?
Material valuation determines the value of materials in an organization's inventory. It includes the cost of purchasing, storing, and delivering materials, as well as any other costs related to the material. It also helps in controlling inventory costs and determining accurate inventory values for financial reporting.
14) What is the difference between a stock transfer and a stock transfer order in SAP MM?
A stock transfer refers to the movement of materials from one storage location to another within an organization, while a stock transfer order is a document used to track this transfer and update the stock levels in the system.
15) What is a consignment process in SAP MM?
A consignment process in SAP MM is a type of procurement where a vendor delivers materials to a customer’s storage location, but the ownership of the materials remains with the vendor until they are consumed or sold by the customer. The customer only pays for the materials when they are used.
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