BCSE ERP Materials Management (MM)

Question 1

What is the 'procurement cycle' in SAP MM?

Accepted Answer

The end-to-end process from purchase requisition to vendor payment

Answer

The procurement cycle in SAP MM covers the complete process: purchase requisition → RFQ → purchase order → goods receipt → invoice verification → payment.

Question 2

What is a 'purchase requisition' (PR) in SAP MM?

Accepted Answer

An internal document requesting the procurement department to purchase goods or services

Answer

A purchase requisition is an internal SAP document created to notify the purchasing department that materials or services are needed.

Question 3

Which SAP MM transaction is used to create a purchase order?

Accepted Answer

ME21N

Answer

Transaction ME21N is used to create a new purchase order in SAP Materials Management.

Question 4

What is 'three-way matching' in SAP MM?

Accepted Answer

Verifying that the purchase order, goods receipt, and vendor invoice all agree before payment

Answer

Three-way matching in SAP MM ensures the purchase order, goods receipt (MIGO), and vendor invoice (MIRO) quantities and values match before payment is authorized.

Question 5

In SAP MM, what is a 'valuation class' used for?

Accepted Answer

To link material types to specific G/L accounts for automatic account determination

Answer

A valuation class in SAP MM links a material to specific G/L accounts, enabling automatic account determination when goods movements are posted.

BCSE ERP - Business Certified SAP ERP Practice Test

BCSE ERP - Business Certified SAP ERP Practice Test

BCSE ERP Materials Management (MM)