Materials Management (MM) 

Purpose

The Materials Management (MM) component covers the most important laws and business practices specific to India. The following documentation describes these aspects of the component.

Features

Country-Specific Functions

Country Version India comes with functions for calculating, posting, remitting, and reporting excise duty, and for handling incoming and outgoing excise invoices.

For these purposes, extra fields are available in the vendor master data and material master data for information required in India only.

Country Version India offers two ways of calculating excise duty, a condition-based method and a formula-based method.

You can enter incoming excise invoices in the SAP system for goods receipts arising from external procurement, subcontracting, and stock transfer. Excise clerks can capture incoming excise invoices using a dedicated transaction, or, alternatively, warehousemen can capture them in the standard Goods Movement transaction, MIGO, when they enter a goods receipt.

Finally, you can prepare copies of all excise registers for submission to the excise authorities.

Country Template

The country template for India comes with settings for calculating and posting all forms of taxes from MM, and with the necessary document copying control settings.