What is the difference between the stock transfer between two plants belonging to same company code and those belonging to different company code?
A stock transfer from plant to plant generally takes place within a company code. It can, however, also take place between two company codes, if the plants are assigned to different valuation areas, which belong to different company codes.
Unlike a stock transfer from storage location to storage location, a stock transfer from plant to plant affects both accounting and Materials Planning, as follows:
Accounting is affected if both plants are assigned to different valuation areas. This means that a stock transfer leads not only to a quantity update but also to a value update (stock value, G/L accounts). Thus, parallel to the material document for stock transfer, an accounting document is created.
* Materials Planning
Materials Planning is affected because a change of plant stock is taken into account by Materials Planning.
The stock transfer from one plant to another belonging to same company code is same as that of belonging to different company code functionally.
In both the types of transfers, there will be a material document generated which will update the QTY in both the plants in the respective storage location.
Accounting document generation will depend on the valuation level of the material. If the materials are being valuated at company level and it is being transferred from one plant to another belonging to the same company code, no accounting entry is generated. However, if the valuation is being done at plant level, the accounting document will be generated in both the cases.
What are the fields in purchasing view?
– Purchase requisition
– Purchase order
– Master data (Info record, Source list, Conditions, Vendors etc.)v – Outline agreements
How do you create movement types? What are the steps involved? When will you recommend a new movement type?
A movement type can be created using T code OMJJ. Copying an existing movement type and modifying the field contents can create a new movement type.
The SAP system is delivered with some pre-defined movement types from 100 to 899. 900 onwards can be used for customized movement types.
What is meant by access sequence? When it is used?
Condition type has an access sequence assigned to it which determines which tables to access for data and in what sequence. This has a sequence of table based on the most specific to most generic.
It can be used for any new condition type creation.
How does the PO pick up the pricing schema?
The pricing procedure assigned to a vendor has a calculation schema attached to it. This schema defines the various conditions’ pre-requisite, calculation & sequence in the PO. Generally, only one type of pricing procedure is followed for all the vendors.
What are the types of special stocks available?
– Consignment stock – vendor
– Components provided to vendor
– Project stock
– Consignment stock â€“ customer
– Pipeline material
– Orders on hand
What are the types of inforecords?
What is meant by consignment stock?
Consignment stock is the material which is lying in the premises but is not owned by the company. It has no value assigned to it until it is taken into own stock. Once it is used in production or to be sold, it is taken into own stock.
What are the steps involved in consignment cycle?
Consignment cycle is similar to a standard purchase cycle. The difference it that no accounting document is created at the time of goods receipts only QTY is updated.
It is settled once the same is utilized.
Tell me about the subcontracting cycle.
When the material is sent for subcontracting i.e. some value addition, it is converted into a different material. It needs a BOM to define the components of the finished item being received.
How is scrap accounted in subcontracting?
The scrap or the process loss can be adjusted while doing a quality inspection of the material received after subcontracting.
How are the byproducts taken care of in subcontracting?
Byproducts can be taken care of by defining them in the BOM