Answer / hannah

Hi,
The steps for integration of FICO with other modules SD, MM.

FI-MM: The integration between FI-MM happens in T-code OBYC.

1. When PO is created :

---- No Entry -----

2. When GR is posted

Inventory Account dr (Transaction Key BSX in OBYC)
To GRIR account (T.Key WRX in T-code OBYC)

3. When Invoice is posted

GRIR account Dr.
Vendor account Cr.

4. Payment made to Vendor

Vendor A/c Dr
To Bank Clearing A/c Cr.

Movement Types, Assignment of Movement types to T-keys
(T-code OMJJ), Value string (I also need some information on
this) , OMWN and OMWB transactions.

There is a close integration b/w FI & MM, actually document
flows from MM to FI in the following areas such as,

1. Movement Types:

Used to enable the system to find the predefined posting
rules determining how the accounts of financial accounting
system are to be posted & to update the stock fields in the
matrl master data.(Goods Receipt, Goods Issue, etc)

2. Valuation Class:

Assignment of material to grp of gl account, used to
determine the gl accounts that are updated as a result of
goods movement.

3. Transaction/Event key:

Used to control the storage or filing of documents &
assignment of documents.Used to differeniate b/w various
transactions such as goods movement tht occur in inventory.

4. Material Type:

Each material should assign mtrl type in mtrl master record
used to update whether changes made in qty are updated in
material master record & change in value also updated in
stock account.

FI-SD Integration: The integration is done in T-code VKOA

1. Sales Order Created

---No Entry---

2. PGI done (Goods issue)

Cost of Goods Sold Dr (Configured in OBYC GBB T-Key)
To Inventory Account

3. Billing document released to Accounting

Customer Account Dr.
To Sales Revenue Account (ERL T-key in Pricing
procedure)

Note : The GL account is assigned to this ERL in VKOA

4. Payment Received

Bank Clearing A/c Dr
Customer A/c Cr.

To know the pricing procedure and how the different
transaction keys are used like ERL, ERS etc.

Answer / venkatareddy

hi
for fi-sd- t.code is VKOA
for fi-mm- t.code is OBYC

You are entered a credit memo posting to vendor who is linked to a customer on 1st of May 2003 for your company code but you have not specifically entered the same data in customer till now. You have lots of entries appearing in the vendor and customer account prior to that date of May 2003 also. You are making a manual payment to the vendor ? select out of the following which statements are correct. a. Credit memo document will get the special payment term as per vendor master definition. b. Customer items will not be shown while paying the vendor as customer is not linked. c. Customer items will be shown only postings after the date 1st May 2003. d. All items of customer and vendor will be available for payment provided payment is same from 1st May 2003. e. All items of customer and vendor will be available for payment provided Special GL items are also selected in selection screen irrespective of the activation date.

0 Answers  

---

What is open line item management? What is meant by clearing open line items?

0 Answers  

---

What does “sap netweaver on linux” mean?

0 Answers  

---

What is a Sort key? What r the different tpes of Sort Keys u have in SAP(FICO)

6 Answers   ABC, L&T, Stride Software, Volkswagen,

---

what are the challenges you are faced with end users ?

0 Answers  

---

---

whats the difference between profit center and bussiness area?

3 Answers   IBM, TCS,

---

Explain automatic account assignment in sd? : fi- accounts receivable

0 Answers  

---

Hai i completed MBA finance and done SAP FICO than i want start my carrer with sap fico entry level .Is there any openings such jobs .suggest me any one plz................

0 Answers  

---

PLEASE ANY BODY EXPLAINE ME WHAT ARE THE MAIN PRECATIONS AND IMPORTANT POINTS THAT WHEN WE UPLOAD A DATE THROUGH LSMW AND WHAT ARE THE T.CODE FOR LSMW(I KNOW LSMW IT SELF A T.CODE BUT THER IS ANOTHER CODE?WHAT IS THAT?

2 Answers   Atos Origin, L&T, TCS,

---

How do you ensure correct balances in the financial statement? : fi- general ledger master data

0 Answers  

---

What are the precautions to be taken while maintaining the 3keh table for profit center accounting?

0 Answers  

---

Unble to get the foreing exchange rate :- HI all, while im posting transaction in f-02 with foreign currency, how can i get the todays exchange rate into my document acutomatically, please help me in this issues.

1 Answers  

---