How to copy Material Master

In this tutorial we will go throught the process of copying an existing material master data into new material

Step 1) In transaction MM01

1. Enter material number that you want to create.
2. Enter our existing material from which we want to copy the data.
3. Click on Select Views button.

SAP MM Sample Questions for Certification (Set.3) Answers

1. What does the system do when you perform the function Reducing Invoices?

1. Reduce an invoice
2. Post invoice for the actual quantities and values
3. Post a credit memo for the amount reduced
4. Post a debit memo for the amount reduced
5. Facilitate generation of a letter of complaint to the vendor.

2. A vendor is issued a purchase order for 200 pieces at 10 UNI/pc and 10% tax. There was a goods receipt of 140 Pieces. The vendor sends an invoice for 200 pieces at 12 UNI/pc. The Purchase manager decides on a partial reduction with quantity variance. What will be accounting entries for the invoice and credit memo?

1. Stock account in the invoice document is 300+
2. Stock account does not get affected.
3. Input tax in credit memo is 60-
4. Vendor account in the credit memo is 660+
5. Vendor account in the credit memo is 440+

3. What can be the possible entries the system can make during invoice verification if a valuated good receipt is defined for a purchase order with account assignment and there is a price variance?

1. Debit consumption
2. Credit consumption
3. Debit GR/IR
4. Credit GR/IR
5. Credit Vendor

4. Which costs are entered at item level in the purchase order?

1. Planned delivery costs
2. Unplanned delivery costs

5. In Total Based acceptance what validations can the system do before deciding that the balance is too large for the invoice to be posted?

1. First checks whether the variance falls within the defined invoice reduction limit.
2. First checks whether the variance falls within the small difference.
3. If the difference is greater than the small difference it checks whether the variance falls within the defined invoice reduction limit.
4. If the positive difference is greater than the small difference it checks whether the variance falls within the defined invoice reduction limit.
5. If the invoice reduction limits are set to do not check, the system compares the variance with the acceptance limit.

6. When does the system propose current account assignment?

1. Goods receipt
2. Invoice Verification

7. A purchase order has been issued on a vendor for two materials. 150 units of material A has been ordered at 4 UNI/pc. 20 units of material B has been ordered at 45 UNI/pc. The vendor has supplied all the materials. The invoice for the supply has been received and posted. He now sends an invoice that includes 875 UNI as freight charges and 125 UNI as custom duty that was not planned. The system has been configured to distribute delivery costs amongst items. How will the cost be apportioned when the invoice is posted?

1. Stock account for Material A 380 +, Stock account for Material B 570 +
2. Stock account for Material A 500 +, Stock account for Material B 450 +
3. Freight clearing 875+
4. Custom clearing 125 +

Sample SAP MM Questions for Certification (Set.3)

1. What does the system do when you perform the function Reducing Invoices?

1. Reduce an invoice
2. Post invoice for the actual quantities and values
3. Post a credit memo for the amount reduced
4. Post a debit memo for the amount reduced
5. Facilitate generation of a letter of complaint to the vendor.

2. A vendor is issued a purchase order for 200 pieces at 10 UNI/pc and 10% tax. There was a goods receipt of 140 Pieces. The vendor sends an invoice for 200 pieces at 12 UNI/pc. The Purchase manager decides on a partial reduction with quantity variance. What will be accounting entries for the invoice and credit memo?

1. Stock account in the invoice document is 300+
2. Stock account does not get affected.
3. Input tax in credit memo is 60-
4. Vendor account in the credit memo is 660+
5. Vendor account in the credit memo is 440+

3. What can be the possible entries the system can make during invoice verification if a valuated good receipt is defined for a purchase order with account assignment and there is a price variance?

1. Debit consumption
2. Credit consumption
3. Debit GR/IR
4. Credit GR/IR
5. Credit Vendor

4. Which costs are entered at item level in the purchase order?

1. Planned delivery costs
2. Unplanned delivery costs

5. In Total Based acceptance what validations can the system do before deciding that the balance is too large for the invoice to be posted?

1. First checks whether the variance falls within the defined invoice reduction limit.
2. First checks whether the variance falls within the small difference.
3. If the difference is greater than the small difference it checks whether the variance falls within the defined invoice reduction limit.
4. If the positive difference is greater than the small difference it checks whether the variance falls within the defined invoice reduction limit.
5. If the invoice reduction limits are set to do not check, the system compares the variance with the acceptance limit.

6. When does the system propose current account assignment?

1. Goods receipt
2. Invoice Verification

7. A purchase order has been issued on a vendor for two materials. 150 units of material A has been ordered at 4 UNI/pc. 20 units of material B has been ordered at 45 UNI/pc. The vendor has supplied all the materials. The invoice for the supply has been received and posted. He now sends an invoice that includes 875 UNI as freight charges and 125 UNI as custom duty that was not planned. The system has been configured to distribute delivery costs amongst items. How will the cost be apportioned when the invoice is posted?

1. Stock account for Material A 380 +, Stock account for Material B 570 +
2. Stock account for Material A 500 +, Stock account for Material B 450 +
3. Freight clearing 875+
4. Custom clearing 125 +

Sample SAP MM Questions for Certification (Set.2)

1. In which kind of posting method in IV is the cash discount amount not credited to the stock or cost account?

1. Gross Posting
2. Net posting

2. What controls the posting of invoice as gross or net?

1. Item category
2. Document type

3. How can postings be done in invoice verification for a purchase order in foreign currency?

1. Fixed exchange rate at GR and IV.
2. Current exchange rate at GR and IV
3. Current exchange rate cannot be changed at IV.
4. Exchange rate differences can occur
5. Exchange rate difference postings are Customization based.

4. How is the quantity that has already been invoiced valuated at goods receipt if the invoice is posted before goods receipt and the subsequent GR quantity is greater than the invoice quantity?

1. At purchase order price
2. At invoice price

5. During the check of invoices with which of the following variances does the system perform Date variance?

1. Quantity Variance
2. Price variance
3. Purchase order price quantity variance

6. There is a purchase order for 100 pieces at Rs. 0.80. The 100 pieces are received. An invoice is received for 100 pieces at Rs 0.75 per piece. However at the time of receipt of invoice the stock of the material is only 30.What are the effects of the above at invoice verification?

1. Stock account is 5-
2. Stock account is 1.5-
3. Stock account is 3.5-
4. Price difference account is 3.5-
5. Price difference account is 1.5-

7. Under what situation does the system compares the ratio of PO quantity(in PO price units) / PO quantity (in PO units), invoice quantity (in PO price units / invoice quantity (in PO units)?

1. Goods receipt before invoice receipt
2. Invoice receipt before goods receipt.

8. The initial Stock of a material is 200 pieces. There is a purchase order for 100 pieces at Rs. 0.75. The 100 pieces are received. An invoice is received for 100 pieces at Rs 0.80 per piece. What are the effects of the above at invoice verification?

1. If the material is valuated at a standard price of Rs 1, the stock account will be 5+.
2. If the material is valuated at a moving average price of Rs 1, the stock account will be 5+.
3. If the material is valuated at a moving average price of Rs 1, the material master record reflects the moving average price at Rs 0.92.
4. If the material is valuated at a standard price of Rs 1, the price difference expense account will be 5+.
5. If the material is valuated at a standard price of Rs 1, the stock price difference income account will be 5+.