SAP-MM notes

Module Functions

(MM) Materials Management - the module where (finished goods, raw materials and consumables) are managed for both quantity, price, month end inventory cutoffs and balance . Materials Management is inventory management, purchasing, invoice verification, warehouse valuation, Material master and materials planning.

Organizational Elements (Structures) Materials Management
- Company Code
- Plant
- Storage Location
- Material/Product Grouping
Organizational Elements (Structures) Procurement
- Company Code - Represents an independent accounting unit with Balance Sheets and P&L Statements
- Plant - An organizational element within a company. A plant produces goods and/or services. A plant can be a manufacturing for a distribution facility.
- Storage Location - unit that allow the differentiation of material stocks within a plant
- Purchasing Organization - unit structured to negotiate the general conditions of purchase for one or more plants or companies. Pricing conditions are set at this level
- Purchasing Group key for a buyer or buyer group respoonsible for certain purchasing activities. Note: this element cannot be assigned to a purchasing organization.
Documents and Transactions
- Purchase Requisitions
- Purchase Orders
- Goods Receipts Postings
- Vendor invoice Posting
- Other
Procurement Master Data
- Material Master - Contains and defines all data to manage materials. Used as a source of purchasing information and inventory valuation.
- Vendor Master - General, Accounting and Purchasing data necessary for processing business transactions and corresponding with vendors