Tuesday, 16 December 2014

Explain Return Delivery?


You will use Return Delivery when you return goods to the supplier (vendor) for reasons such as damaged packaging, etc. Note that the reason for return is mandatory as this will help you, later on, to analyze problems with a vendor. The system uses the Movement Type 122, and will create a return delivery slip, which will accompany the goods being returned. If the return is from a GR-blocked stock, you need to use a different Movement Type: 104.

34. What are All the Various Types of Physical Inventory?

The following are the different types of Physical Inventory in SAP MM:
􀂃 Periodic inventory (All the stocks are physically counted on a key date (balance sheet date), and all the stock movements are blocked during physical counting)
􀂃 Cycle counting (Physical counting is done at periodical intervals)
􀂃 Sampling (Randomly selected stocks are counted physically, and the system uses this information to estimate stock value on a given date)
􀂃 Continuous (Stocks are tracked continuously throughout the fiscal year, with physical

stock taking once a year, at least!)

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