SAP MM Interview Questions II

What are the types of info records ? 

    - Standard

    - Pipeline

    - Consignment

    - Subcontracting

What is meant by access sequence? When it is used?

Condition type has an access sequence assigned to it which determines which tables to access for data and in what sequence. This has a sequence of table based on the most specific to most generic. It can be used for any new condition type creation.

How does the PO pick up the pricing schema?

The pricing procedure assigned to a vendor has a calculation schema attached to it. This schema defines the various conditions pre-requisite, calculation & sequence in the PO. Generally, only one type of pricing procedure is followed for all the vendors.

 

What is Consignment Stock ?

It is a business arrangement in which you order material from vendor and keep it in your premises and you are liable to the vendor as per the consumption i.e. you pay to the vendor only then you consume the stock.