Provide detailed and complete answers to all of the questions. You can use SAP help portal or other internet websites to help answer the questions.
Question1) What are Purchasing Info Records? What is their role in the purchasing process?
Question2) In the Procurement Process in SAP ERP describe the main internal control procedure relating to the issuance of checks to vendors.
Question3) What steps in the Procurement Process have an impact on financial accounting? Explain these impacts.
Question4) What are the goals of Account Assignment when creating Purchase Orders?
Question5) Describe EDI and XML as they relate to the automated procurement process.
Question6) A purchase requisition can result in multiple purchase orders, and multiple requisitions can be combined into one purchase order. Explain circumstances when these two scenarios are possible.
Question7) What are the major goals of evaluating and managing suppliers? What best practice process is provided by SAP for selecting a vendor?
Question8) Distinguish between Release Order and Standard Purchase Order.
Question9) Why did you define and assign a Sales Area to your company?
Question10) What is the relationship between Shipping Point and Loading Point?
Question11) Explain the purpose of each sales view you created in your Material Master records.
Question12) Under what circumstances will your company use Cost Plus rather than Standard Pricing procedures?
Question13) In SAP’s pricing procedures what is meant by Access Sequence? Also differentiate Document and Customer pricing procedures.
Question14) Explain Static versus Dynamic credit limit checking procedures in SAP ERP.
Question15) Under what situations could Backward Scheduling be used?
Question16) What is the purpose of the Customer Material Info Record?
Question17) Why have Scheduling Agreements become so significant for component suppliers serving manufacturers?
Question18) What is the benefit of storing item proposals for a customer?
Question19) Describe integration of SAP shipping functions with MM and FI
Question20) In your company suggest functional organization that will oversee credit checking and describe why.