InterviewSolution
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What Is A Material Type? |
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Answer» A Material Type DESCRIBES the characteristics of a material that are important in regards to Accounting and Inventory Management. A material is assigned a type when you create the material master RECORD. “Raw MATERIALS”, “Finished Products”, and “Semi-Finished Products” are examples. In the standard MM module, the Material Type of ROH denotes an EXTERNALLY procured material, and FERT indicates that the relevant material is PRODUCED in-house. A Material Type describes the characteristics of a material that are important in regards to Accounting and Inventory Management. A material is assigned a type when you create the material master record. “Raw Materials”, “Finished Products”, and “Semi-Finished Products” are examples. In the standard MM module, the Material Type of ROH denotes an externally procured material, and FERT indicates that the relevant material is produced in-house. |
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