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FI MM Entries

The document describes the integration process between SAP modules MM (Materials Management) and FI (Financial Accounting). It outlines 10 steps in the process flow from generating a purchase requisition to receiving payment from customers. These include generating a purchase order, goods receipt, invoice verification, goods issue, production receipt, delivery to customers, and customer invoice. It also lists the required customization steps, including linking MM movement types to FI G/L accounts and assigning specific accounts to movement types according to valuation class.

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Krishna Karamsetty
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44 views2 pages

FI MM Entries

The document describes the integration process between SAP modules MM (Materials Management) and FI (Financial Accounting). It outlines 10 steps in the process flow from generating a purchase requisition to receiving payment from customers. These include generating a purchase order, goods receipt, invoice verification, goods issue, production receipt, delivery to customers, and customer invoice. It also lists the required customization steps, including linking MM movement types to FI G/L accounts and assigning specific accounts to movement types according to valuation class.

Uploaded by

Krishna Karamsetty
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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SAP MM and FI Integration

FI-MM Integration Process Flow in MM Step 1 Generating purchase requisition( PP-MM involved) Step 2 Making inquiries (MM) Step 3 Raising purchase order (MM) Step 4 Release of purchase order ( MM) Step 5 Goods received from vendor ( MM and FI ) Entry will be Raw Material Inventory a/c Dr. GR/IR clearing a/c Cr. Step 6 Invoice verification and quality assurance (FI and MM) Entry will be GR/IR clearing a/c Dr Vendor a/c Cr Step 7 Goods issued for consumption(MM, FI and PP) Entry will be Raw material consumption a/c Dr Raw material inventory account Cr Step 8 Production receipt( FI, MM & PP) Entry will be Finished goods inventory a/c Dr Change in stock Cr Step 9 Finished goods delivered to customer(MM, SD & FI) Entry will be Change in stock Dr Finished goods inventory a/c Cr Step 10 Raising invoice on customers( SD & FI) Customers a/c Dr Sales a/c Cr Step 11 Receipt of payment from customers( Same as SD-FI integration) CUSTOMIZATION STEPS

Main screen of FI-MM integration is OBYC Here we have to link the MM movement types to FI G/L accounts Assign Following G/L accounts to movement type according to valuation class. BSX- Raw material Inventory account GBB- Raw material consumption account WRX- GR/IR clearing account

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