How to SAP FI integrate with MM and SD.
Please give me answer
Answers were Sorted based on User's Feedback
Answer / saurabh
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.
Points to know : 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.
Is This Answer Correct ? | 7 Yes | 0 No |
Instead of using GR/IR clearing account why cant we use provision for sundry creditors, if yes then why SAP using GR/IR Clearing Account
Can any one tell me how to create the variant for F110 program ? what could be the use variant ? Plz. give in details.
SAP DEPRECIATION RUN ERROR: I have a problem with depreciation posting. I have searched the forum but did not find any answer. Net book value of $ 559,350 as on April 2012 was fully depreciated by 31 Mar 2017. Additions between April 2012 and March 2017 were correctly depreciated. However, additions from 01 Apr 2017 were fully depreciated when depreciation program was executed. For example, asset acquisition on 01 May 2017 $ 2400 was fully depreciated ($ 2400) which is not correct. It should be $ 2000*20%/12*11 = $ 440. Subsequently, in Jan 2018, on the acquisition of $ 207, the system has posted a positive depreciation of $ 47,469 on the base value of $ 1,640,423.72!!! More surprisingly, acquisition after that is correctly depreciated. For example, acquisition on Jan of $ 3,488.94 was correctly depreciated by $ 174.45 (3488.94*20%/12*3 months). Here are the details of the configuration of depreciation: · Depreciation method SLM · Base method 0014 · Useful life: 5 years (20% depreciation). · Period control 01/01/01/01 · Depreciation after the end of planned life – the box is “checked”. · There is only ordinary depreciation. · “Only negative values and zero allowed” checked in Rule for positive/negative sign for ordinary depreciation in Depreciation Area. · Fiscal year: April to March · SAP ECC 6.0 Can anybody suggest/help how to fix this?
WHAT ARE THE STEPS INVOLVED WHILE DATA UP LODGING IN LSMW
0 Answers Cap Gemini, IBM, Wipro,
what is alternative GL a/c ?( not special gl a/c)
some tickets?Issues
Define the term "fiscal year"?
What concept of group asset while we having asset class
sap FICO :- Getting error in G/l :- Dear,All i am getting error when i am making g/l a/c in fs00
How many chart accounts can be assinged to a company?
I want to know how can we pay one invoice payment of a vendor out of three invoice
What is a chart of accounts and types of coa in sap ?