SAP MM_IM Inventory Management

Sap mm inventory with procure to pay (p2p) cycle

1. SAP MM -IM SAP MATERIAL MANAGEMENT – INVENTORY MANAGEMENT

2. Mandatory Settings Plant Parameters Number ranges for Inventory documents like Goods receipt (WE), Goods issue(WA) ,

3. Accounting entries at the time of MIGO- GOODS RECEIPT

4. Procure to Pay Cycle Determination of requirements - PR from Stores and other departments - ME51N Source determination – RFQ to vendors or Supplier or Manufacturers - ME41N Price Comparison - Quotations selections wrt Price /qty/quality / delivery time - ME47 / ME49 Purchase Order processing - Create PO wrt to Selected Vendor – ME21N Order management / po follow ups - Delivery schedules Goods Receipt (GR) from Vendor or supplier – MIGO Accounting entry - Stock A/c debt + 10 (qty) – BSX (Business transaction event key) GR/IR Clearing A/c Credit – 10 (qty/ val )- WRX (Business transaction event key) Invoice Receipt (IR) to Vendor - MIRO Accounting entry- GR/IR Clearing A/c Debit + 10*100=1000 qty (qty/ val )- WRX (Business transaction event key) Vendor A/c Credit (value) -10*100=1000 value – KBS -(Business transaction event key)