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Designed for SAP users as a quick reference or for computer science and business students, SAP MM Questions and Answers includes all the major concepts related to SAP MM functionality, technical configuration, and implementation in an easy-to-understand question and answer format. It discusses the new aspects related to SAP ERP 6.0 and all the important MM codes and concepts for materials and vendors, including clients, company codes, plants, storage locations, purchase organizations, etc. The organized and accessible format allows the reader to quickly find the questions on specific subjects and provides all of the details to pass certification exams in a step-by-step, easy-to-read method of instruction.
Invoice verification in SAP is an often misunderstood subject, despite its central role in contributing to a company's fiscal health. Adding to the confusion is the fact that it falls between two teams the MM team and the FI team and each assumes that the other is responsible for the design and configuration of Invoice Verification. Although the process can be streamlined, many organizations get the design and use of invoice verification wrong, resulting in vendors not being paid and accounts being placed on stop, which prevents further Purchase Orders from being processed until the vendor has been paid. The aim of this book is to help readers fully understand the invoice verification process, particularly the changes in ERP 6.0. If they get the design right, then the process will run smoothly and vendors will be paid on time (not too early either). User input can be kept to a minimum and much of the process can be automatic. There are one or two basic mistakes that are made during the design of the process and the guide highlights these (and many other confusing areas), and describes, in simple terms, the options available along with the consequences of getting it wrong.
The book is designed to begin with the very basics and moves forward to cover the topics necessary to unleash the power of SAP - from the way tasks are handled in SAP to how Reports are executed in your task; from getting a complete know-how of SAP Administrative Utilities and Background Job Scheduling to SAP R/3 Basis System; from ABAP Workbench to ABAP Programming with MM and SD Modules and much more. With each topic building upon others, you are quickly able to utilize the R/3 functionality in a meaningful and productive manner. All this, as the book zips through the material and doesn t blather on or repeat points made earlier. A definitive informative guide that will help you make good on your company s sizable investment - no doubt, every aspect is worth the price of the entire book.
Invoice verification is an important business process in almost every company. In SAP you can verify invoices against purchase orders and goods receipts. SAP provides important functionalities like automatic account determination, financial posting, etc. SAP is powerful software that can meet the needs of any business scenario for any type of business in any part of the world. Its all encompassing nature makes SAP complex. In order to derive maximum benefit for business, SAP must be understood well. Mr. Agrawal attempts to explain SAP completely; a seemingly impossible task. This is his third book on the Materials Management module; his first two books in the Materials Management module are ‘Purchasing’ and ‘Inventory Management’. In this book, like in his earlier books, he explains every screen of SAP MM Invoice Verification. Both the SAP Menu and Customizing Implementation Guide are expanded and the chapter number where they are covered is indicated. This not only creates a direct link between the book and the SAP software, but also ensures that the book is comprehensive. The author has taken care to balance details with overviews that explain linkages between concepts. The book is organized in chapters that are important business activities. Each chapter covers business processes carried out in SAP by the user as well as its related configuration. This book can be used to learn SAP from scratch; it is a learning guide. It is, therefore, useful to persons who are training to be SAP Consultants. Having learnt SAP with the help of this book, the Consultant keeps returning to refer to it. In implementation of SAP, Consultants prepare User Manual. With the availability of this book, their task becomes simpler. In the User Manual, they need to cover only implementation specific points. The user refers to this book as a generic User Manual. As the user gains knowledge he also begins to understand the customizing settings for his implementation. This book can also be used by Business Process Owners and Senior Managers to get an overview of SAP and the important choices it offers.
SAP is one of today's hottest client/server systems. Now, one of the top SAP consultants in the U.S. presents advice on moving to the SAP system and shows what companies have to gain from redesigning their business models to the SAP. Readers learn how to implement the individual modules of the SAP system, and more.
Most organizations receive so many supplier invoices daily that it becomes too difficult to manage without automation to verify that the invoices are correct and can be paid. This book gives you an in-depth look at how invoice verification works in SAP S4/HANA. Explore how different posting types are made, and how to monitor and make corrections when there is no exact three-way match between the purchasing document, the goods or services receipt, and the invoice. Learn how to review blocked invoices so that suppliers can be paid, as well as ensure that the general ledger accurately reflects what has been received, invoiced, and what should be accrued. Explore opportunities for streamlining your invoice verification process. Take a closer look at new functionality available with SAP S/4HANA and Fiori, as well as how some processes have been simplified. Walk through the invoice verification stages using Fiori and other apps. By using practical examples, tips, and screenshots, the author brings readers quickly up to speed on invoice verification and the GR/IR in SAP S/4HANA. - Invoice verification process in SAP S/4HANA - Tools for GR/IR reconciliation - Configuration settings that affect the invoice verification process - Period end processes and reporting
Concentration tendencies, globalization, increasing cost pressure and well-informed customers all make up the hard competition faced by today's businesses. The "right" products, a successful market image, a strong positioning between suppliers and customers, efficient logistics and optimum organization structures contribute to a company's survival. Achieving this goal requires flexible information and communication systems that are fully adaptable to the specific situation. Modern retail information systems are not bound by organization borders but support both business partner cooperation and electronic commerce. This book presents the architecture of retail information systems, as well as the functions of SAP Retail, and in so doing links modern retail management with the implementation strategies based on innovative software systems.
Before use, standard ERP systems such as SAP R/3 need to be customized to meet the concrete requirements of the individual enterprise. This book provides an overview of the process models, methods, and tools offered by SAP and its partners to support this complex and time-consuming process. It begins by characterizing the foundations of the latest ERP systems from both a conceptual and technical viewpoint, whereby the most important components and functions of SAP R/3 are described. The main part of the book then goes on to present the current methods and tools for the R/3 implementation based on newer process models (roadmaps).
While this book provides a brief introduction to the theory of co-operations and the foundations of logistics, service management and supply chain management, the main focus is on examining SAP systems in order to support inter-company co-operations. The authors present both well-known logistics solutions, including EDI, as well as such modern SAP systems as SAP APO, SAP LES, SAP BBP, business information warehouse and Internet applications. In particular, the book contains a number of case studies that illustrate the application of such systems in practice.