FI-MM INTEGRATION

FI-MM INTEGRATIONGR/IR Clearing accountSelect Create buttonG/L account:140006Company code:JEA1Tab: Type/Description Select account group:CURRENT LIABILITIESSelect :balance sheet a/cEnter short text:GR/IR clearing a/cEnter long text :GR/IR clearing accountTab: Control data Enter currency :USDTax category *Posting without tax allowedSelect:line item displayEnter sort key:001Tab: create / Bank / Interest Enter field status group :G001

RAW MATERIAL account

Select Create buttonG/L account:210006Company code:JEA1Tab: Type/Description Select account group:current assetSelect :Balance sheet a/cEnter short text:raw material a/cEnter long text :Raw material Account Tab: Control data Enter currency :USDTax category : O1Posting without tax allowedSelect:line item displayEnter sort key:001Tab: create / Bank / Interest Enter field status group :G001

FI-MM: THE INTEGRATION BETWEEN FI-MM HAPPENS IN T-CODE OBYC.

DEFINE VALUATION CLASSES (OMSK)

SPRO- IMG Material management Valuation and Account Determination Account determination without wizard- Define Valuation classes

Click VALUATION CLASSES- grouping of materials with similar values or characteristics

ACCOUNT REFERENCE-All particular valuation classes or material types are recognized based on A/c category reference. Ex. All raw materials will come under 0001

MATERIAL TYPE- Assign every material to a material type when we create it. Ex, Raw material, operating supplies, finished goods

1. When PO is created : -

No Entry -

2. When GR(goods receipt) is postedin MIGO Inventory Account dr (Transaction Key BSX in OBYC) To GR/IR account cr (Transaction key WRX in T-code OBYC) 3. When Invoice is posted in MIRO GRIR account Dr. (Transaction key WRX in T-code OBYC) Vendor accountCr.

GOODS RECEIPT

Inventory a/c drGR/IR a/c cr

Transaction key BSX and WRX in OBYC

MIGO

PURCHASE INVOICE

Inventory a/c dr Vendor a/c cr

F-43

INVOICE RECEIPT

GR/IR a/c drVendor a/c cr

Transaction key WRX in OBYC

MIRO

CONFIGURE AUTOMATIC POSTINGS(OBYC)

SPRO IMG Material management Valuation and account assignment Account determination Account Determination without wizard Configure automatic postings

Cancel

Double click BSX (Inventory posting)Chart of accounts COAJSelect rulesSelect valuation classSave Valuation class-3000(raw materials)G/L- 210006

SAVE

SELECT WRXSave rulesEnter 140006 (GR/IR account)

4. Payment made to Vendor Vendor A/c Dr To Bank A/c Cr.