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Inventory Management, Valuation, Material Ledger and Account Determination

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Interview questions covered

  • During period-end close, actual costing settlement in CKMLCP fails for several materials with an error indicating that quantity structure or price differences cannot be settled. As the architect responsible, how would you diagnose and resolve this systematically?
  • After running actual costing close (CKMLCP) for the period, the price difference account (PRD) still shows a residual balance instead of being fully cleared into inventory and COGS. What are the likely causes and how would you troubleshoot it?

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