Integration of materials management with financial accounting in SAP

This book teaches you about Materials Management (MM) and Financial Accounting (FI), and the intersection points between them. It explains how to configure the system so that you can streamline your business and continually improve your procurement processes with MM and FI. You ll learn about account and controlling postings as related to FI compliance, and their impact on MM functional design and configuration. You ll find practical, real-world examples, troubleshooting techniques, and step-by-step descriptions throughout to help you master this crucial integration effectively. Relationship Between Materials Management and Financial Accounting Discover the relationship between Materials Management and Financial Accounting, and learn how you can drive an efficient procurement process. Materials Management and Financial Accounting Functionalities Get a thorough understanding of a flexible, integrated MM solution set that allows your business to grow efficiently. Configuring the SAP System Learn how to configure MM and FI in SAP ERP, focusing on the continued business improvement of procurement. Technical Database Tables and Coding Discover the technical aspects of SAP ERP functionalities, including coding and database tables, to help you develop a more technical understanding of integration issues. Practical, Real-World Examples and Troubleshooting Tips Find expert advice provided throughout to help you find solutions to your own MM/FI issues.