The company code is the organizational leve where the value of materials impacts the Balance Sheet. In order to keep track of value of inventory for each plant, the ERP system uses the O Material Ledger O Material G/L account of the Plant O Material master O Storage Location List

The company code is the organizational leve where the value of materials impacts the Balance Sheet. In order to keep track of value of inventory for each plant, the ERP system uses the Material Ledger Material G/L account of the Plant Material master Storage Location List A purchasing group is an individual or a group of individuals who are responsible for all but one of the following Creating purchase requisitions Requesting quotations from vendors Creating purchase orders Monitoring purchase orders Negotiate contracts and agreements