FI-MM FLOW

[Former Member]

HI,

Please any body explaing me flow of FI-MM and FI-SD.

In integration where fi entries will statrt.

I will assign points

Thanks

Pola

[Former Member · Accepted solution]

hi

Some basic information :

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

1. When PO is created :

-

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No Entry -

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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.

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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.

Points to Know : Good to understand the pricing procedure and how the different transaction keys are used like ERL, ERS etc.

FI-SD integation:

This integration done using Tr Code VKOA. here we have to define GL account codes to Condition types.

Process

1) SD Raises Sales Order - No implication in FI

2) SD raises Delivery doc - No implication in FI

3) SD processes billing - no implication in FI

4) SD releases billing doc to FI - FI document gets generated (Tr Code VFX3)

assign points if useful

regards

Srilakshmi

[Former Member]

Hi,

It is really help ful answer i have points and thanks for inputs

Thanks

Pola

[Former Member]

Hi Pola,

FI-MM Flow:

1. Purchase Requisition ME51N No Entry in FI

2. Purchase Order ME21N No Entry in FI

3. Goods Receipt MIGO Inventory A/c Dr. (BSX)

To GR/IR Clearing A/c (WRX)

4. Inventory Receipt MIRO GR/IR Clearing A/c Dr.

To Vendor A/c

5. Payment to Vendor F-53 Vendor A/c Dr.

To Cash/Bank A/c.

*FI-SD Flow😘

1. Sales Order VA01 No Entry in FI

2. Delivery VL01n Cost of Goods Sold A/c Dr.

To Finished Goods Inventory A/c

3. Billing VF01 Customer A/c Dr.

To Sales A/c.

You need to configure the integration for MM in Transaction code OBYC and assign the GL accounts for the transaction keys like BSX, WRX,PRD, etc.,

and in the same way for integration between SD and FI you need to configure account assignments in the TCode VKOA..

Hope this answer helps you. Please assign points if found useful.

Regards,

Sreekanth....

[Former Member]

Hi Pola,

For FI-MM integration, first you need to understand the procurement cycle process. Then you can able to get it easily.

Procurement cycle:

- Purchase requistion

- Material determination

- Search who are the parties

- Tenders

- Select correct vendor

- give rejection letters to remain vendors

- purchase order raised and issued to selected vendor

- based on the p.o. vendor will supply the material

- Goods receipt done in MIGO (Stock A/c Dr. To GR/IR)

- Excise matters

- Invoice receipt (correspondence with PO & GR) {GR/IR A/c Dr. To Vendor)

- Make payment to Vendor (Vendor A/c Dr. To Bank)

Integration:

Define Valuation Classes

Create GL Masters

Configure Automatic Postings (Assign GL A/cs to transaction keys / event keys)

Ex: BSX- Raw material Inventory account

GBB- Raw material consumption account

WRX- GR/IR clearing account

CUSTOMIZATION STEPS:

Main screen of FI-MM integration is OBYC

Here we have to link the MM movement types to FI G/L accounts

Assign following G/L accounts to movement type according to valuation class.

FI-SD Integration: will do in VKOA

If useful pl assign points

thanks

Para

[Former Member]

Hi Pola,

Process Flow for FI-MM

Step 1 Generating purchase requisition( PP-MM involved)

Step 2 Making inquiries (MM)

Step 3 Raising purchase order (MM)

Step 4 Release of purchase order ( MM)

Step 5 Goods received from vendor ( MM and FI )

Entry will be

Raw Material Inventory a/c Dr.

GR/IR clearing a/c Cr.

Step 6 Invoice verification and quality assurance (FI and MM)

Entry will be

GR/IR clearing a/c Dr

Vendor a/c Cr

Step 7 Goods issued for consumption(MM, FI and PP)

Entry will be

Raw material consumption a/c Dr

Raw material inventory account Cr

Step 8 Production receipt( FI, MM & PP)

Entry will be

Finished goods inventory a/c Dr

Change in stock Cr

Step 9 Finished goods delivered to customer(MM, SD & FI)

Entry will be

Change in stock Dr

Finished goods inventory a/c Cr

Step 10 Raising invoice on customers( SD & FI)

Customers a/c Dr

Sales a/c Cr

Step 11 Receipt of payment from customers( Same as SD-FI integration)

CUSTOMIZATION STEPS

Main screen of FI-MM integration is OBYC

Here we have to link the MM movement types to FI G/L accounts

Assign Following G/L accounts to movement type according to valuation class.

BSX- Raw material Inventory account

GBB- Raw material consumption account

WRX- GR/IR clearing account

Assign points if found helpful.

Regards,

Saurabh Agarwal