Diffrence Between Material

[Former Member]

Hi All

I am a beginner in SAP i want to know difference between different type of material.

As Example if i am creating one finished goods material & second Trading goods material.

Than where there view's differ & what is the easiest way to get that difference.

what are the mandatory field should be maintained for a particular material type.

Please provide information for the same.

Thanks & Regards

Bhavesh

[Former Member]

Hello Bhavesh,

<b>

Material Type:</b>

Material types are Customized in Materials Management using transaction code OMS2.

You assign every material to a material type when you create it. Examples of material types in the standard system include raw materials, operating supplies, finished products, semi-finished goods, configurable material etc.

The material type controls the properties of a material and which data must be maintained for the material. The following control features are important for valuation:

• Is the material managed by quantity?

• Is the material managed by value?

• Which price control type may be used for the material?

• Which valuation class can the material be assigned to?

<b>Reward points if helps</b>

Regards

Sai