what is the FI-MM Flow?

Answer Posted / 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

Is This Answer Correct ?    0 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

In initial project resources how can u distribute 1 crore amount among various modules like FI,CO,HR,PP,MM,SA,ABAP & BASIS etc.

1445


what is cr in sap

21038


What are posting keys?

647


How does posting happen in mm (materials management) during special periods?

693


What is a payment block? : fi- accounts payable

712






What is the importance of gr/ir ( good received/ invoice received) clearing account?

564


What are all the major issues you faced during implementation ?

2022


How do you manage outgoing partial payment for vendor in fi?

692


What are the 3 errors that you must have faced during Support?

1608


In sap how input and output taxes are taken care?

757


what is the difference between in Goods Receipt Notes& Material receipt notes

1927


What is the recommended planning sequence, in co? : co- cost center accounting

582


Explain intercompany postings? : fi- general ledger master data

580


P&L account type :- Hi, While creating GL accounts in FS00 am selecting P&L account radio button and immediately it asking me P&L account type (in drop down button it is showing A and S options). I want to disable it.

1478


What is archiving? How does it differ from deletion? : fi- general ledger master data

592