Difference Between Raw Material and Inventory Account

Hi Experts,
can you pls explain me the difference between raw material account and inventory account opened under Asset Drawer in Chart Of Account ??

Hi Divya.......
There is no difference between raw material and inventory account. Infact the raw material is nothing but stock and stock includes the finished semifinished product also. In short the stock account belongs to the category inventory account.......
Regards,
Rahul

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Business area will have many profit centers. For example Vehicle is a business area in a company. Vehicle can be cars and Bikes etc. Here Vehicle is business area and Cars and Bike are profit centers. In broad Vehicle is a profit center. But as it has sub areas those are profit centers. So profit centers cannot be replaced with business area and vice versa. We can replace business area by Profit centre, only condition is that it should be in same controlling area. The business area is more like a business unit of a company. You can have multiple profit centers within a business area.
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user13655582 wrote:
Greate example. but i would like add one more point..
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Please explain the difference between Single Level and Multi Level Costing in Detail
thanking You

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Difference between business area and sales area

Hi
I am swetha i have one doubt
1) what is the buisiness area and what purpose we use the business area
2) what is sales area and what purpose we use the sales area
3)what is the main Difference between business area and sales area.
Regards
Swetha

Hii..
Business Areas in SAP are used to differentiate transactions originating from different points/lines/locations in business. Let me give some examples to elucidiate:-
A company (say, ABC) is a huge company and has a variety of businesses under it. Let us say that it typically operates in 3 different domains like machinery manufacturing, trading and assembling of machine parts.
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or
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Areas...
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What is mySAP SD?
The SAP sales and distribution is part of the logistics module that support your customers, starting from quotations, sales order and all the way towards billing the customer. It is tightly integrated with the MM and PP functional modules. It allows companies to input their customer sales price, check for open orders and forecast etc.
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Regards,
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Difference Between Raw Material and Inventory Account

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