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)
To GRIR account (T.Key WRX in T-code OBYC)
3. When Invoice is posted
GRIR account Dr.
To 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,
- 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)
- Valuation Class:
Assignment of material to group of GL account, used to determine the gl accounts that are updated as a result of goods movement.
- Transaction/Event key:
Used to control the storage or filing of documents & assignment of documents. Used to differentiate b/w various transactions such as goods movement that occur in inventory.
- 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
To Customer A/c Cr.
Points to Know: Good to understand the pricing procedure and how the different transaction keys are used like ERL, ERS etc.
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