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Integrating Materials Management with Financial Accounting in SAP

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Integrating Materials Management with Financial Accounting in SAP

written by Faisal Mahboob
Ensure you have the right product, in the right place, at the right price point and quantity to meet your business needs. Master two of SAP’s larger modules: Financial Accounting (FI) and Materials Management (MM) and learn how, when properly integrated, they support your business. With this practical, straightforward approach, you’ll benefit from real-world examples, troubleshooting techniques, and step-by-step descriptions to create a smooth and efficient procurement process.
  • Explains the key financial integration points in Materials Management
  • Includes best practices, real-world examples, and configuration steps for logistics, business transactions, and more
  • Teaches you how to integrate procurement and financial accounting processes

In this book, you’ll learn about:

  1. SAP Procurement Configuration

    Configure the FI and MM components with ease and learn the pros and cons of each within an SAP ERP workflow.

  2. Improved Procurement Processes

    Adapt a flexible and integrated MM solution set that highlights FI compliance and account and control postings.

  3. Technical Meets Functional

    Discover the technical aspects of SAP ERP functionality including coding and database tables to help you develop a more technical understanding of integration.

Highlights include:

  • Basic configuration
  • Stock and consumption materials
  • Procurement conditions
  • Price determination
  • AP Invoicing
  • Troubleshooting techniques
  • Material price change
  • Balance sheet valuation

Integrating Materials Management with Financial Accounting in SAP

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