Answer Posted / aditya parakh

You can create purchasing info records for different
procurement types as follows:

Standard, Subcontracting, Pipeline, Consignment You use this
component if you wish to store information on a vendor and a
material as master data at purchasing organization or plant
level.

Standard
-------------
A standard info record contains information for standard
purchase orders.
The info records can be created for materials and services
with and without master records.

Subcontracting
-------------------
A subcontractor info record contains ordering information
for subcontract orders.
For example, if you subcontract the assembly of a component,
the subcontractor info record would include the vendor's
(subcontractor's) price for assembling the component.

Pipeline
-------------
A pipeline info record contains information on a vendor's
commodity that is supplied through a pipeline or pipes
(oil or water) or by similar means (electricity through the
mains).
The info record contains the vendor's price for the
consumption of such commodities by the buyer
("pipeline withdrawals"). You can store withdrawal/usage
prices for different validity periods.

Consignment
-----------------
A consignment info record contains information on a material
that vendors keep available at their own cost on the
orderer's premises.
The info record contains the vendor's price for withdrawals
by the orderer from consignment stock.
As in the case of the pipeline info record, you can store
prices for different validity periods.

What is sap? How is it used in industries?

1119

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Explain 'split valuation.' Why is it necessary?

1108

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What are the data in material master that are maintained at the company code level?

1134

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How do you change characteristic?

1183

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Why is sap so popular? What are some of the other erp applications available in the market?

1061

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What is nace t code? What is its utility in sap mm?

1255

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What is the use of ‘material status’?

1127

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Explain the types of project stocks in sap mm

1048

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Explain the 'storage location' in sap?

1136

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What about standard edition (initiate) users?

992

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Can you differentiate between a sto and standard purchase order at a glance? How?

1172

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What are the terms planned delivery and gr processing time?

1072

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What is the difference between contract and scheduling agreement?

1055

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Which documents are used as references when we create po?

1006

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What do you mean by material type?

1118

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