Integrating Materials Management with Financial Accounting in SAP

Learn everything you need to know about the intersection points of Materials Management with Financial Accounting.

Faisal Mahboob (Autor)

Buch | Hardcover

508 Seiten

2012 | Second Edition
SAP Press (Verlag)
978-1-59229-426-8 (ISBN)

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If you are an SAP super user or a consultant involved in a complex Materials Management and Financial Accounting integration project, this is the book you've been looking for. Explore the complex relationship between MM and FI and the key integration points. Maximize the potential of an integrated MM system solution with a focus on account and controlling postings as related to FI compliance and its impact on MM functional design and configuration. Offering a practical, straightforward approach with real-world examples, trouble-shooting techniques, step-by-step descriptions, this title allows you to capitalize on the strengths of the powerful MM solution and the FI module to create a smooth and efficient procurement process. Written for ERP 6.0, Ehp5 and 6, this expanded and revised edition includes details on differential invoicing with respect to purchasing, inventory management, invoice verification, and more practical business scenarios. Highlights:

Basic configuration
Stock and consumption materials
Procurement conditions
Trouble-shooting techniques
Price determination
Material Price Change
Balance sheet valuation
AP Invoicing
Account determination

Faisal Mahboob currently works in the UK as a freelance consultant in SAP MM/SRM. He has over 8 years of experience in SAP both on the technical and functional side of MM, and has been involved in numerous projects. Over the years, he has worked with almost every industry sector and every kind of work related to SAP MM, be it implementation, support, upgrade, or global roll-out.

Preface
Overview of SAP ERP
The Building Blocks of SAP ERP
Integration of Materials Management in SAP ERP
Analysis and Resources for Materials Management
Business Processes
Technical Aspects of SAP ERP
Summary
Overview of the Materials Management and Financials Relationship
Elements of Materials Management
Elements of Financial Accounting
Elements of Controlling
Relationship between the Elements of Materials Management and Financial Accounting and Controlling
Reporting
Troubleshooting Techniques
Summary
Basics of Configuration and the Processes in Procurement
General Settings
Enterprise Structure
Processes in Procurement
Master Data
Documents in Procurement
Summary
Procurement of Stock and Consumable Materials
Procurement of Stock Material
Procurement of Consumable Materials
Procurement of External Services
Subcontracting
Summary
Conditions, Price Determination, and the Basics of Material Price Changes
Conditions and Price Determination
Basics of Material Price Changes
Summary
Balance Sheet Valuation
Lowest Value Determination
LIFO Valuation
FIFO Valuation
Summary
Material Price Change
Value Changes in Inventory Management
Value Changes in Logistics Invoice Verification
Value Changes Resulting from Cash Discounts
Revaluation
Posting to a Previous Period
Several Accounting Documents during LIV
Closing Previous Period for Posting
Summary
Accounts Payable Invoice from Materials Management
Logistics Invoice Verification
Incoming Invoice
Invoice Verification Online
Invoice Parking
Prepayment
Invoice Verification in the Background
Account Determination
Purchase Account Management
Direct Posting
Posting Taxes
Cash Discount
Summary
Variances and Blocking of Invoices
Invoice with Variances
Invoice Blocking
Invoice Release
Delivery Costs
Total-Based Differences
Invoices for Purchase Orders with Account Assignment
Entering Invoices in a Foreign Currency
Summary
Additional Functionalities in LIV
Valuation and Account Determination
Automatic Settlements
Messages in Logistics Invoice Verification
Credit Memos, Returns, and Reversals
GR/IR Clearing Account
Summary
Conclusion
Lessons Learned
Additional Resources
Appendices
Optimizing the Integration between Materials Management and Financial Accounting
Commonly Used Abbreviations
References
Useful Links
The Author
Index

Erscheint lt. Verlag	30.9.2012
Reihe/Serie	SAP PRESS Englisch
Verlagsort	Maryland
Sprache	englisch
Maße	175 x 229 mm
Themenwelt	Mathematik / Informatik ► Informatik ► Netzwerke
	Informatik ► Weitere Themen ► SAP
	Wirtschaft ► Allgemeines / Lexika
	Wirtschaft ► Betriebswirtschaft / Management ► Unternehmensführung / Management
Schlagworte	Account Determination • AP Invoicing • Balance Sheet Valuation • Basic Configuration • Conditions • Finanzrechnung • Material Price Change • Materialwirtschaft • Price Determination • procurement • SAP • Stock and Consumption Materials • Trouble-shooting techniques
ISBN-10	1-59229-426-X / 159229426X
ISBN-13	978-1-59229-426-8 / 9781592294268
Zustand	Neuware