Big4GuyWelcome to Big4Guy.com. Big4Guy is an online resource where I will share with you the latest news, insights, knowledge and some experiences as a Big 4 consultant. We will discuss some of the important issues which organisations are facing today in the areas of information security, security and controls in SAP R/3, Oracle Applications, J.D.Edwards, Peoplesoft and various other ERP's. You will also find information on latest complaince regulations like Sarbanes Oxley, Basel II and so on. Big4guy will also attempt to provide valuable resources for individuals interested in examinations the CISA, CISM, CISSP, PMP and various other security certifications considered essential for entry in any Big 4 accounting, auditing and consulting firms. You are invited to post your comments and viewpoints to posts here. I sincerely hope this online journal will be useful to everyone from a budding student to a professional in the accounting, auditing, management and consultancy professions.
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I am adding a new category to my SAP column. SAP Materials Management is a very comprehensive module which takes care of management of inventories. To start with I am discussing the concepts of material types and movement in SAP MM.
Material Types - Each material or item of inventory that you have is allocated to a material type in SAP. Material type helps in determining the properties the material will take during its valuation. This will inculde criteria such as material quantity, material value, material price, and the valuation class of the material.
Movement Types - Movement Types in SAP R/3 represent the mapping of the movement of a material. In the first palce movement type govern whether a material type can support quantity and value adjustments. Next, movement types determine the the material is relevant for FIFO / LIFO valuation or not.
More on SAP >>
Materials Requisition Planning , Material Master Records , Available to Promise
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