What is the difference between info record and source list?

What is the difference between info record and source list?

info record use for maintain price and information for that particular material and particular vendor vendor. Source list means list of sources (vendors)available for a particular material to procure.

What is info record in SAP MM?

Purchasing info record stores information on material and vendor, supplying that material. For example, a vendor’s current price of a particular material is stored in info record. Purchase info record can be maintained at the plant level or at the purchasing organization level.

What is mean by source list in SAP MM?

Source list includes a list of possible sources of supply for a material over a given framework of time. Source list specifies the time period of ordering a particular material from a given vendor. Source list can be copied from one plant to another plant.

How do I view the source list in SAP?

Displaying the Source List

1. Choose Master data Source list Display . The initial screen for the source list appears.
2. Enter the material and plant number.
3. If you wish to see the source list records as of a certain date, choose Edit Position.
4. You can display details for the chosen source list records.

What is the purpose of source list in SAP MM?

The source list is used in the administration of sources of supply. It specifies the allowed (and disallowed) sources of a material for a certain plant within a predefined period.

Is Source list mandatory in s4 Hana?

Though source list is not mandate, if a source is maintained in source list with MRP indicator as ‘1’ or ‘2’, it has highest priority for MRP live. Vendor, contracts or Schedule agreement can be blocked for MRP in source list for a period.

What are info records?

Purchase info records are information about terms for purchasing a specific material from a vendor. They are maintained at vendor/material combination and can contain data for pricing and conditions, overdelivering and underdelivering limits, planned delivery date, availability period.

What is source list?

The source list is a register of sources of supply for a material in a certain plant. Each source list record contains a validity period, a source of supply, and parameters that control the source of supply during this period. One of these parameters is used to define a source as your preferred source of supply.

What is ME01 used for in SAP?

ME01 is a transaction code used for Maintain Source List in SAP. When we execute this transaction code, SAPLMEOR is the normal standard SAP program that is being executed in background.

What is the Tcode for source list?

ME05
You can create a sourcelist in ME05 transaction. A source list is a list of possible sources for a material. If a source list requirement exists for the material, you must create a source list to proceed with the ordering. Execute t-code ME05.

Why do we need source list in SAP?

you make the system settings that are necessary for purchasing operations carried out using source lists. Source list requirement for materials, It may be necessary to include possible vendors of a material in the source list before the material can be ordered.

What are the types of info records?

Procurement types in info record

• Standard. A standard info record contains information for standard purchase orders.
• Subcontracting. A subcontractor info record contains ordering information for subcontract orders.
• Pipeline.
• Consignment.

What does sap mm-source Determination / list mean?

SAP MM – Source Determination/List Source list includes a list of possible sources of supply for a material over a given framework of time. Source list specifies the time period of ordering a particular material from a given vendor. Source list can be copied from one plant to another plant.

What is purchasing info record in SAP mm?

Purchasing Info Record in SAP MM, Tables, Tcodes & references Let us look some details about purchasing info record in SAP MM. Purchasing info record is an information contains about purchasing. Shortly it is called as info record. It stores the previous purchasing data about the materials and vendors.

How do I create a source list in SAP?

A source list record can be created when creating or changing a purchasing info record. In the info record screen select Extras > Source List from the menu bar as shown below: Alternatively, a source list record can be generated automatically for every info record or every outline agreement, selecting for a single material or several materials.

How to create an info record in SAP?

Path to create Info Record. Step 1 − On the SAP Menu screen, select the Create icon, by following the above path. Step 2 − Enter the vendor number. In the info category, select standard or subcontracting, or pipeline or consignment, according to the requirement.