Answer / dhananjoy tripathy

fi-mm flow--basically we use four sap defined keys like
bsx,wrx,gbb,pda, bsx-invoice verification,wrx-grir
verification,pda-price difference through this we link fi with
mm,apart from that we have to pass five journal entry at the
time of integration.after that we assign valuation class for
each asset.This is required to interlinking fi with mm.then
the ingration process will happen,One important thing after
integrated its altemately it effect in g/l posing,
'i thing i will help full for sap people.

Answer / meeravali

Purchase Requsition(ME51N)

v
Request for Quatation(ME41)

v
Quatation(ME47)

v
Price Comparision(ME49)

v
Purchase Order(ME21N)

v
Goods Receipt(MIGO)

v
Invoice verfication(MIRO)

v

outgoing payment

Answer / kumar

purchase requistion
purchase order
goods recipt(MIGO)
Invoice verication(MIRO)
payment to vendor

IN material master u have to specify valuation class.

Based on valuation class system will pick the gl accounts

Answer / jhansi priyanjali

the fi-mm integration is based on the followingFI-MM integration is how the G/L account will be updated when you are carrying
an inventory-related transaction. For convenience, you may divide the process into
three areas: (1) Organization structure dependent, (2) material master dependent,
and (3) transaction dependent. Account determination will be carried out depending
upon these three factors.
Organization structure dependent:
■ Valuation level — It is an organization structure, which determines at which level
valuation will be done for material. Valuation can be done at plant level or
company code level. Valuation must be at plant level if you want to use the
application component PP or Costing, or if the system is an SAP Retail system.
The decision you make is valid for the entire client. It is recommended that you
set material valuation at plant level.
■ Valuation area— T he valuation area is a component of valuation level. Suppose
you have created the valuation level at the plant level and there are several
plants at the company code level; each plant is a valuation area for the purpose
of inventory.
■ Valuation grouping code — The valuation grouping code is a set of valuation areas
that are grouped together for the purposes of accounting. Through the account
determination process, it will be related to the COA. The valuation grouping
code makes it easier to set automatic account determination. Within the COA,
you assign the same valuation grouping code to the valuation areas you want
to assign to the same account. Valuation grouping codes either refl ect a fi ne
distinction within a COA or correspond to a COA. Within a COA, you can use
the valuation grouping code.
Material master dependent:
■ V aluation class— This is the assignment of a material to a group of G/L accounts.
Along with other factors, the valuation class determines the G/L accounts that
are updated as a result of valuation-relevant transactions or events, such as a
goods movement. The valuation class makes it possible to:
■ Post stock values of materials of the same material type to different G/L
accounts
■ Post stock values of materials of different material types to the same G/L
account
1.4 G/L ACCOUNTING (FI-G/L) 37
■ Material type —This groups together materials with the same basic attributes,
such as raw materials, semifi nished products, or fi nished products. When creating
a material master record, you must assign the material to a material type.
The material type you choose determines:
■ Whether the material is intended for a specifi c purpose, such as a confi gurable
material or process material
■ Whether the material number can be assigned internally or externally
■ Account category reference — The account category reference is a combination
of valuation classes. Exactly one account category reference is assigned to a
material type. The link between the valuation classes and the material types is
set up via the account category reference. In the standard system, an account
reference is created for each material type. The account category reference is
in turn assigned to exactly one valuation class. This means that each material
type has its own valuation class.
Transaction Dependent:
■ Movement types —This is a classifi cation key indicating the type of material
movement (for example, goods receipt, goods issue, or physical stock transfer).
The movement type enables the system to fi nd predefi ned posting rules determining
how accounts of a fi nancial accounting system (stock and consumption
accounts) are to be posted and how the stock fi elds in the material master record
are to be updated.
■ Transaction/Event key— This is a key allowing the user to differentiate between
the various transactions and events (such as physical inventory transactions
and goods movements) that occur within the fi eld of inventory management.
The transaction/event type controls the fi ling/storage of documents and the
assignment of document numbers. Some important transaction keys are BSX,
GBB, and WRX.
Using the organization dependent, material master dependent, and transaction
dependent areas, you determine the inventory management requirements,
which are:
■ Whether changes in quantity are updated in the material master record .
■ Whether changes in value are also updated in the stock accounts in fi nancial
accounting .
FI-MM integration mapping is stored in table T030. For a better understanding,
use transaction code SE16.

While posting outgoing payment using T.Code F-07 getting in Error "1111(Company code)missing the Table T043S"

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