miro (invoiced document number & account documber number)

hi,

FI-MM Integration

Process Flow in 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

thanks & Regards

Swathi