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Moving Average Price vs Standard Price in SAP Material Master

Moving Average Price vs Standard Price in SAP Material Master It is maintained in the accounting view of the material master and configured in Material Type. see below See the bottom of the below image for price control Consider the Below Scenario to understand the difference: First Purchase Order  Made for 100 Qty at $20/pcs                             Price = 100*20                                      = 2000$ Second Purchase Order  Made for 500 Qty at $10/pcs for the same material                             Price = 500*10                                      = 5000$ Standard Price : It doesn't change with the change in pri...
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How to Maintain and config Purchase Info Record in SAP

Purchase Info Record in SAP MM SAP Path : SAP Easy Access : Logistics : Materials Management : Purchasing : Master Data : Source List : Maintain T-Code: ME11(Create), ME13(Display), ME12(Change), ME15(Delete) ME1L - Vendor wise PIR Report ME1M - Material Wise PIR Report ME1W - Material Group wise PIR Report ME1P - PO Price History Wise PIR Report ME1E - Quotation History wise PIR Report Related Tables : EINA, EINE Q. What is a Purchase Info Record in SAP? A. Purchase Info Record is information about terms for purchasing a specific material from a vendor. It is  maintained for vendor and material combination and may contain data of  pricing   conditions , over  and underdelivery  limits, planned delivery date of goods and   availability period. Q. What are the Procurement types in info record? A. There are 4 types of PIR Standard - A standard PIR contains information for standard PO. The PIR can be created for material and ser...
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SAP IS RETAIL Promotion Creation

Why Promotions are created?                                      T-Code = WAK1 From a sales perspective, promotion provide retailers a key opportunity to differentiate and position their goods in competitively  aggressive - price environment.  Promotions are run to reduce the existing stock , boost the sale, or test a new products in the market. They are also a useful in boosting the success of a company, particularly when margins are tighter. This component enable articles to be sold at  lower than the standard price. Promotions are planned at company level and the data is sent to the involved stores when the promotion is introduced or announced.  Steps to create Promotions. Open  T-Code WAK1 in SAP Gui Enter the Promotion Type and Press Enter & follow the subsequent steps You mig...
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