SAP MM Interview Questions and Answers
Ques 6. What is the significance of the 'Goods Receipt' in SAP MM?
The 'Goods Receipt' confirms the receipt of goods or services and updates the inventory in SAP MM. It is a critical step in the procurement process.
Ques 7. Explain the concept of 'Source Determination' in SAP MM.
Source Determination in SAP MM involves determining the best source for procurement based on various factors like pricing, vendor performance, and delivery schedules.
Ques 8. What is the purpose of 'Material Master' in SAP MM?
The 'Material Master' in SAP MM is a central repository for material-related information. It includes details such as material type, description, and storage location.
Ques 9. How does the 'Invoice Verification' process work in SAP MM?
Invoice Verification in SAP MM involves checking and verifying vendor invoices against purchase orders and goods receipts to ensure accuracy before making payments.
Ques 10. What is the purpose of the 'Source List' in SAP MM?
The 'Source List' in SAP MM specifies the list of approved vendors for a particular material. It helps in controlling the sources from which materials can be procured.
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