Question { HCL, 26732 }

How to inventory excise duty in SAP?

Answer

General ledger for excise duty updation will be assigned
in CIN [ IMG ] under Accounting customization .When ever
goods are received , Excise G/L will be updated for Modvat
credit on inputs , RG 23 A part 1 for quantity and part 2
for Modvat credit amount . This register is used for
material other then Capital Items . For Capital Items RG 23
C Part 1 and Part 2 will be Updated . For Depot receipts
and sales RG 23 D Part 1 and Part 2 will be updated .

Question { HCL, 28723 }

What is meant by consignment stock?

Answer

The Consignment stock is a stock that is supplied by the
vendor is in the companies premises with the company having
no liability for the same. The liability for the company
will only be affected when the goods are issued from the
consignment stock for use.

Question { 10016 }

What is meant by a release strategy?

Answer

After creation of Purchase Requisition, the document has to
be approved by competent authority before the purchase
department can initiate action against this. In SAP, this
will be achieved by applying a release strategy for the
purchase requisitions. All PRs will have two levels of
release.

Question { 5421 }

what is account assignment in MM?

Answer

The account assignment determines which account assignment
data such as cost center, account number and so on, is
necessary for the item. Account Assignment specifies
whether accounting for an item is to be effected via an
auxiliary account, Cost Center.

Question { Accenture, 18219 }

If I have one PO with me & I made GR with partial Qty &
after that I want to block PO for one month means user
shouldn't make GR against this PO & after one system should
allow to make GR. In this case where I need to do changes?

Answer

If you need block the PO for a planned period
You can block the PO through Purchase Order
Change Mode ME22N; Go to Purchase Order
Select line item, & block the line item with PO & save the
doc, whenever you need to unblock The Purchase Order line
item you can unblock by PO Change
By ME22N, you cannot prepare the GR if line item blocked
with PO.

Question { Accenture, 18045 }

what is reference purchasing organization?

Answer

Schema groups allow grouping together purchasing
organizations that use the same calculation schema.
Vendor Schema groups are used to group together vendors for
whom the same calculation schema is valid.
(Note: calculation schemas may also be referred to
as "pricing procedures".)
Example:We have defined three purchasing organizations each
for domestic, imports and services, we define single Schema
Group for vendors. The Pur Org Schema in conjunction with
vendor schema determines the pricing.

Question { Accenture, 13650 }

when i am creating info record:purch.organisation data 1:i
am getting error make an entry in all required fields

Answer

Enter properly :Material, Vendor, Purchasing Org, Plant,
Info category,( Select appropriate category as to where you
wish to use the info record. Eg:- Standard (For standard
PO’s) , Sub-contracting (For Sub-Contracting PO’s) etc.)
Pl. Deliv. Time, Purchasing Group, and save the
document,you will get info records doc.No.

Question { 22113 }

What is Purchase Requisition means? Why we used this in MM
Module in SAP? what is t.code of it?

Answer

A requisition defines the need for a material or service.
It is the primary document in the purchasing cycle. It
replaces the document called “Indent” (in case of purchase)
and “Works Indent” (in case of service) as per legacy
terms.Purchase Requisition for direct capitalization is for
those materials whose cost will be directly capitalized to
an Internal order. The document will be used to provide
requirements of capital nature items from all departments
to the purchasing department. The purpose of requisitioning
should be capital in nature and the material requisitioned
may/may not be part of inventory at the plant. The
requisition authorizes the Purchasing department to
purchase materials in specific quantities within a
specified time frame. It is an internal document and is not
used outside of the company. To create PR T-CODE ME51N

Question { Wipro, 45173 }

what is vendor account group

Answer

The Vendor account group is a classifying feature within
vendor master records. One uses this to group together
similar vendors. The account group also determines only
those screens and fields of the vendor master record that
are needed for the relevant role of the business partner
are displayed and ready to accept user input.

Question { IBM, 7881 }

For what purpose we are maintaining CIN in sap? What is use
for that

Answer

General ledger for excise duty updation will be assigned
in CIN [ IMG ] under Accounting customization .When ever
goods are received , Excise G/L will be updated for Modvat
credit on inputs , RG 23 A part 1 for quantity and part 2
for Modvat credit amount . This register is used for
material other then Capital Items . For Capital Items RG 23
C Part 1 and Part 2 will be Updated . For Depot receipts
and sales RG 23 D Part 1 and Part 2 will be updated .

Question { IBM, 7881 }

For what purpose we are maintaining CIN in sap? What is use
for that

Answer

In India , Excise duty is a tax on the manufactured goods that is levied when goods leave the place of manufacturer . Manufacturer can set off the duty paid on input materials against their output duty , this procedure is known as central value added tax [CENVAT ] .

Question { 6650 }

what is meant by production version?

Answer

A material may have several Bills of Material (BOMs) that
determine the components used in its production. The
production process can also be described in various
recipes. Data on the different methods or techniques used
to produce the material is recorded in production versions
which are assigned to the material. A material can have one
or more production versions. Data relating to individual
production versions is located at plant level. You are free
to define production version numbers as you see fit,
however, each number must be uniquely identifiable.
Production versions allow you to cater to different
production situations.

Question { 19525 }

What are the advantages of working with scheduling agreements

Answer

Scheduling agreement releases (comprising a header and the
actual delivery schedule) are issued to the vendor,
instructing the latter to effect deliveries of the relevant
material on the dates shown.

Vendors can issue confirmations to the relevant purchasing
organization indicating their compliance or non-compliance
with scheduled delivery dates. Goods are received against
Scheduling agreements in the same way as against purchase
orders.

Question { UltraTech, 9463 }

WHAT ARE STEPS FOR CREATING MIGO.

Answer

The following fields shall be maintained in Goods Receipt
MIGO
At Header level
 Action: Goods Receipt
 Reference: Inbound delivery / Purchase Order
 Inbound delivery Number/ Purchase Order Number
 Document Date
 Delivery Note
 Bill of Lading –
 Header Text –
 Movement Type: 101/ depending on movements
At Item level:
 Qty in unit of entry (Qty counted)
 Qty in delivery note
 Storage Location
 Tick mark on item OK and post the document