How does SAP integrate with MM and FI?
Quick snap of MM-FI Integration process: 1. Movement type and other attributes like special stock indicator, movement indicator etc are determined based on business transaction like goods receipt for PO, production order etc. (OMWN). This is defined by standard SAP.
What is SAP MM integration?
SAP MM FI integration is a good example of how different modules of SAP ERP systems are integrated with each other. SAP ensures that data from one module automatically flows to another module.
What is Fi SD integration in SAP?
SAP FI SD Integration – Order to Cash Process Whenever we sell finish goods to the customer, the customer has to pay for that. In this process, we post the Sales Invoice document which is part of the Sales & Distribution module into the FI module. In SAP, we call this procedure SAP FI SD integration.
What is the work relation between SAP MM SD and FI CO modules?
As we are in MM module, we should know about the integration point. Here in my blog you can get the knowledge for integration between MM-FI, MM-SD and SD-FI. We know MM modules means procure to pay process, FI module means financial statement and payment process, SD module means sale to customer process.
What is integration between FI and other modules?
SAP FI Integration with other modules means how the system maps with different modules and how the effect of those is passed into FI Module.
What is the accounting entries in FI mm integration?
FIMM integration is done through transaction code OBYC. General ledger accounts are set as per the different parameters of valuation area, movement type and transaction type that is created with respect to the movement type.
What is SD Fi integration?
When billing document (sales document) is released then accounting document (finance document) gets generated automatically. This is referred as SD FI integration.
How do I configure asset accounting in SAP FICO?
How to Configure ASSET ACCOUNTING in SAP FICO?
- Step 1 – COPY CHART DEPRECIATION.
- Step 2 – ASSIGN COMPANY CODE TO CHART OF DEPRECIATION.
- Step 3 – ASSIGN FINANCIAL STATEMENT VERSION TO EVERY DEPRECIATION AREA.
- Step 5 – IDENTIFY YOUR ACCOUNT DETERMINATION & SCREEN LAYOUT FOR YOUR ASSET CLASSES.
How are SAP modules integrated?
To perform Production Planning and Control activities, SAP PP is closely integrated with other SAP ERP modules: SAP Sales and Distribution (SD), SAP Material Management (MM), Quality Management, Finance Accounting, and Project System.
How does OBYC work?
Configuration transaction OBYC creates the core of SAP’s Integration between the MM, FI, and Controlling (CO) modules in a traditional SAP ERP system. Transaction keys(1) are used to determine general ledger accounts used by the system.
What is OBYC settings in SAP MM?
In SAP MM, OBYC basically means Configure Automatic Postings. When a user enters a transaction for Inventory Management and Invoice Verification, it is automatically updated in the Financial and Controlling documents within the respective modules via G/L accounts.