BUSINESS PARTNER In the last article, we saw the configuration of Business Partners. After setup, we need to create the Business Partner. Data in the vendor master record is organised under general data, company code data and purchasing organization data. It includes information like the Vendor’s name, address, reconciliation account, payment terms, and Schema group,…
Category: Management
How to configure Business Partner? – SAP S/4 HANA – SAP MM
CONTENT BUSINESS PARTNER A business partner is the highest-level object in an SAP S/4HANA ERP. A business partner may be an individual, a company, or a group. In terms of business, a business partner is categorised by a role. The roles you assign to business partners represent the responsibilities they have and the transactions they…
How to create a Material Group and Purchase Group in Material Master? – SAP S/4 HANA
MATERIAL GROUP AND PURCHASE GROUP The material group and purchase group are a part of material master data where you will need them in creating material. You can find these groups in Views used in material creation. Let’s create each. Create Material Group The material group helps you to group together materials and services having…
How to create Number Ranges for Material Group? – SAP S/4 HANA
Number Ranges for Material Groups A number range object is an object created in the SAP system. It contains a defined set of unique character strings. Business applications can utilize a number range object to assign unique numbers to database records, completing the keys of the data records. Each material in the material master must…
How to customize Material Master? – SAP S/4 HANA
MATERIAL MASTER CUSTOMIZATION In the previous article, we saw how to create material in SAP S/4 HANA – SAP MM. Now, this article will be all about Customizing the Material Master data. We will customize the Industry type, Material type, data screens for each screen sequence, etc. So let us dive deeper into the topic….
How to create Material Master? – SAP S/4 HANA
Material Master All of the materials that a business purchase, manufactures, stores, and sells are listed in the material master. It serves as the company’s primary repository for information about individual materials. Individual material master records are where this data is kept. Material master is SAP MM’s most crucial master data for the entire logistics…
How to activate Material Ledger? – SAP S/4 HANA
Material ledger activation is another setting for creating material for the respective plant. This article will show you the steps where you can activate ML. Activating and assigning material ledger to valuation areas is a one-time activity. WHAT IS MATERIAL LEDGER? SAP S4 HANA’s actual costing and inventory valuation in several currencies are done using…
How to set Controlling Area? – SAP S/4 HANA
This article will help us in setting some financial settings for enterprise structure which includes controlling area. Controlling Area The controlling area is a business organisational unit for which a closed system may do an entire cost accounting. If necessary, a controlling area may have one or more company codes that can transact in multiple…
How to configure Enterprise Structure? – SAP S/4 HANA
CONFIGURATION OF ES This article will look at the enterprise structure in SAP S/4 HANA. Every organization or every company has its system; if I take the example of Tata Group, Tata Group is a group of companies. Tata’s are into Tata Consultancy Services, Tata Motors, Tata Steel, Tata Chemicals, Tata Consumer Products, etc. Here…
All you need to know about the terms in Enterprise Structure – SAP S/4 HANA
Important terms of Enterprise Structure in SAP S/4 HANA MM Module This article will help you with understanding some important technical terms used in enterprise structure in SAP S/4 HANA – SAP MM module. Please go through the entire article to get a clear view of the same. SAP MM SAP MM functions include materials…