02 MM Ingegration With Finance

Trainer: M.Rashid sap.rashid@yahoo.
com
MM Integration with FINANCE
Course Published on Udemy.com

Trainer: M.Rashid sap.rashid@yahoo.com
Configuration Steps:
1. Define / Create Plant
2. Define, copy, delete, check division
3. Define / Create Storage location OX09
4. Maintain Purchase Organization OX08
5. Assignment of Plant to Company Code OX18
6. Assign Purchase Organization to Company Code OX01
7. Assign Purchase Organization to Plant OX17
8. Carry Out Overall Maintenance of Plant Parameters OM18
9. Maintain Posting Periods for Material Management OMSY
10. Valuation Grouping Code OMWD
11. Define Valuation Classes OMSK
12. Purchase Order Tolerance Group
13. GR Tolerance Group OMC0
14. Parameters For Invoice Verification OMRV
15. Maintain Plant Parameters For Inventory Management & Physical Inventory
16. Default Values of Tax Codes for Invoice verification OMR2
17. Define Attributes for Material Type OMS2
18. Maintain AN and ST Tolerance Limit OMR6
FI Consultant JOB
18. Create GL Accounts - FS00
19. Assignment of Accounts for automatic postings OBYC

1. Define / Create Plant
SAP IMG-->Enterprise Structure-->Definition-->Logistics - General-->Define, copy,

delete, check plant
Double Click on “Define Plant”
Click on “New entries”
Plant =
Calendar = 01 (Factory Calendar) Click on Save
Name =
Country = Press Enter
2. Define, copy, delete, check division
SAP IMG-->Enterprise Structure-->Definition-->Logistics - General-->Define, copy,

delete, check division
Double click on “Define Division”
Click on “New Entries”
Division =
Name = Click on Save
3. Define / Create Storage location -TC -OX09
SAP IMG-->Enterprise Structure-->Definition-->Materials Management-->Maintain
storage location
Plant = Press Enter
U001 Raw Material
U002 Finished Goods
Click on Save

4. Maintain Purchase Organization OX08
SAP IMG-->Enterprise Structure-->Definition-->Materials Management-->Maintain

purchasing organization
Purchase Organization =
Description = Click on Save
5. Assignment of Plant to Company Code -TC – OX18
IMG-->Enterprise Structure-->Assignment-->Logistics - General-->Assign plant to

company code
Click on “new entries”
Company code =
Plant = Click on Save
6. Assign Purchase Organization to Company Code – TC – OX01
SAP IMG-->Enterprise Structure-->Assignment-->Materials Management-->Assign

purchasing organization to company code
Click on “position”
Purchase organization = Press Enter
Company code = Click on Save
7. Assign Purchase Organization to Plant – TC – OX17
SAP IMG-->Enterprise Structure-->Assignment-->Materials Management-->Assign

purchasing organization to plant
Click on “new entries”
Purchase organization =
Plant = Click on Save

8. Carry Out Overall Maintenance of Plant Parameters – TC – OM18
SAP IMG-->Materials Management-->Consumption-Based Planning-->Plant Parameters-

->Carry Out Overall Maintenance of Plant Parameters
Click on “Copy”
From Plant = 0001
To Plant = Click on “Copy” & Press Enter
9. Maintain Posting Periods for Material Management – TC - OMSY
SAP IMG-->Logistics - General-->Material Master-->Basic Settings-->Maintain Company

Codes for Materials Management
Click on “Position” button,
Company Code = Press Enter
Year =
Period =
Select Allow Posting to Previous Period Check Box. Click on “Save”.
Ignore Warning Message and Press Enter
Note: Code OMSY is used for opening Posting period for the first time only. For
subsequent opening / closing of posting periods, we have to use -TC – MMPV
10. Valuation Grouping Code – TC - OMWD
SAP IMG-->Materials Management-->Valuation and Account Assignment-->Account

Determination-->Account Determination Without Wizard-->Group Together Valuation
Areas
Click on “Position” Button
Valuation Area = Press Enter
Valuation Grouping Code = U Click on Save

11. Define Valuation Classes -- OMSK
SAP IMG-->Materials Management-->Valuation and Account Assignment-->Account

Determination-->Account Determination Without Wizard-->Define Valuation Classes
Click on “Valuation Class Tab”

U001 ‘0001 – Raw Material
U002 ‘0009 – Finished Goods
Click on Save
12. Purchase Order Tolerance Group
SAP IMG-->Materials Management-->Purchasing-->Purchase Order-->Set Tolerance

Limits for Price Variance
Select “PE” and “SE” Tolerance Groups of Company Code ‘0001’
Click on “Copy” button
Company Code =
Select “Do not Check” Press Enter
Company Code =
Click on Save
Course Link:
SAP FICO Product Cost by Order Simplified for Beginner
SAP FICO (Finance & Controlling ) Simplified

13. GR Tolerance Group -TC - OMC0
SAP IMG-->Materials Management-->Inventory Management and Physical Inventory--

>Goods Receipt-->Set Tolerance Limits
Select “B1”, “B2” and “VP” Tolerance groups of Co. Cd. 1000
Click on “copy as” button
Company code =
Company code = Press Enter
Click on Save
When processing a goods receipt, the system checks each item to determine whether the
goods receipt varies from the purchase order or the material master data.
14. Parameters For Invoice Verification OMRV
SAP IMG-->Materials Management-->Logistics Invoice Verification-->Invoice Verification

in Background-->Define Automatic Status Change
Select Company Code “ 0001 “
Company code = Press Enter and Save.
In this step, you define for every company code whether an invoice posted in the
background is assigned the status Verified as correct or Completed.

15. Maintain Plant Parameters For Inventory Management & Physical Inventory
SAP IMG-->Materials Management-->Inventory Management and Physical Inventory--

>Plant Parameters
Select Plant 0001
Click on copy as button
Plant = Press Enter and Save
16. Default Values of Tax Codes for Invoice verification - OMR2
SAP IMG-->Materials Management-->Logistics Invoice Verification-->Incoming Invoice--

>Maintain Default Values for Tax Codes
Click on New Entries
Company code =
Tax code = V0 Press Enter and Save
Note: This Tax Code is defaulted in Invoice Verification Screen. To Complete this step, you
should have completed Tax Configuration.

17. Define Attributes for Material Type – TC – OMS2
IMG-->Logistics - General-->Material Master-->Basic Settings-->Material Types--

>Define Attributes of Material Types
Click on “Position”,
Material type = ROH, Press Enter
Double Click on “Quantity/Value Updating”
Select “Quantity Updating” and “Value updating” check box Click on Save
Material type = FERT Press Enter
Double Click on “Quantity/Value Updating”
Select “Quantity Updating” and “Value updating” check box Click on Save

Few Important Material Types:
18. Maintain AN and ST Tolerance Limit -TC -OMR6
Select “AN” & “ST” of 1000
Company code = Press Enter and save.
***************End of MM Configuration*********

FI Consultant Activities
FI ENTRIES Dr/Cr Acc.Key GL A/c Doc.Type
For Goods Receipt

Inventory RM A/c DR BSX 200500 WE
GR/ IR Clearing A/c CR WRX 100100
For Raw Material Consumption to Production Order
RM Consumption A/c DR GBB-VBR 400000 WA

Inventory RM A/c CR BSX
For Receiving Final Product from Production Order
Inventory FG A/c DR BSX 200501 WE

Cost of Goods Manufactured (COGM) CR GBB-AUF 400001
1. Create GL Accounts – FS00
2. Assign GL Accounts – OBYC

Important Transaction Keys:
TABLE TO CHECK ALL OBYC GL Accounts:
T030

Procure To Pay Process:
Create Purchase Crate Purchase

Requisition Order No FI Entry
ME51N ME21N
No FI Entry
Payment to
Receive Goods Invoice Verification
Against PO By AP Team Vendor
MIGO MIRO F-53/ F110
GR/IR Clearing A/c Dr WRX 100 Vendor A/c Dr 100

Inventory A/c Dr BSX 100
Vendor A/c Cr 100 Bank A/c Cr 100
GR/IR Clearing A/c Cr WRX 100
End-User Activities:
1. Create Material Master MM01
2. Create Vendor Master XK01
3. Maintain Condition Record for Material Master ME11
4. Create Purchase Order ME21N
5. Goods Receive against Purchase Order MIGO
6. Invoice verification MIRO

Vendor Account Group Configuration
Steps:
1. Define Account Groups with Screen Layout (Vendors)
2. Create Number Ranges for Vendor Accounts
3. Assign Number Ranges to Vendor Account Groups
4. Create Vendor Reconciliation GL – FS00
1. Define Account Groups with Screen Layout (Vendors)
SAP IMG-->Financial Accounting-->Accounts Receivable and Accounts Payable-->Vendor
Accounts-->Master Data-->Preparations for Creating Vendor Master Data-->Define
Account Groups with Screen Layout (Vendors)
Click on “New Entries “
Vendor Group =
Meaning = Click on Save
2. Create Number Ranges for Vendor Accounts
Accounts-->Master Data-->Preparations for Creating Vendor Master Data-->Create
Number Ranges for Vendor Accounts
Click on “change Interval”
Click on “Insert Line”

No = 20
From = 400000
To = 499999 Click on Save
3. Assign Number Ranges to Vendor Account Groups
Accounts-->Master Data-->Preparations for Creating Vendor Master Data-->Assign
Number Ranges to Vendor Account Groups
Click on Position
Account Group = Press Enter
Number Range = click on Save
4. Create Vendor Reconciliation GL – FS00

Procure To Pay Process:
Create Purchase Crate Purchase

Requisition Order No FI Entry
ME51N ME21N
No FI Entry
Payment to
Receive Goods Invoice Verification
Against PO By AP Team Vendor
MIGO MIRO F-53/ F110
GR/IR Clearing A/c Dr WRX 100 Vendor A/c Dr 100

Inventory A/c Dr BSX 100
Vendor A/c Cr 100 Bank A/c Cr 100
GR/IR Clearing A/c Cr WRX 100
End-User Activities:
1. Create Material Master MM01
3. Maintain Condition Record for Material Master ME11
4. Create Purchase Order ME21N
5. Goods Receive against Purchase Order MIGO
6. Invoice verification MIRO

6. Set Check for Duplicate Invoices
SAP IMG-->Materials Management-->Logistics Invoice Verification-->Incoming Invoice--
>Set Check for Duplicate Invoices
Company Code = Press Enter & Save

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Trainer: M.Rashid sap.rashid@yahoo.

MM Integration with FINANCE

Course Published on Udemy.com

1. Define / Create Plant

2. Define, copy, delete, check division

3. Define / Create Storage location OX09

4. Maintain Purchase Organization OX08

5. Assignment of Plant to Company Code OX18

6. Assign Purchase Organization to Company Code OX01

7. Assign Purchase Organization to Plant OX17

8. Carry Out Overall Maintenance of Plant Parameters OM18

9. Maintain Posting Periods for Material Management OMSY

10. Valuation Grouping Code OMWD

11. Define Valuation Classes OMSK

12. Purchase Order Tolerance Group

13. GR Tolerance Group OMC0

14. Parameters For Invoice Verification OMRV

16. Default Values of Tax Codes for Invoice verification OMR2

17. Define Attributes for Material Type OMS2

18. Maintain AN and ST Tolerance Limit OMR6

18. Create GL Accounts - FS00

19. Assignment of Accounts for automatic postings OBYC

Course Published on Udemy.com

1. Define / Create Plant

SAP IMG-->Enterprise Structure-->Definition-->Logistics - General-->Define, copy,

Click on “New entries”

Calendar = 01 (Factory Calendar) Click on Save

Country = Press Enter

2. Define, copy, delete, check division

SAP IMG-->Enterprise Structure-->Definition-->Logistics - General-->Define, copy,

Double click on “Define Division”

Click on “New Entries”

Name = Click on Save

3. Define / Create Storage location -TC -OX09

SAP IMG-->Enterprise Structure-->Definition-->Materials Management-->Maintain

Plant = Press Enter

Click on “New entries”

U001 Raw Material

U002 Finished Goods

Course Published on Udemy.com

4. Maintain Purchase Organization OX08

SAP IMG-->Enterprise Structure-->Definition-->Materials Management-->Maintain

Description = Click on Save

5. Assignment of Plant to Company Code -TC – OX18

IMG-->Enterprise Structure-->Assignment-->Logistics - General-->Assign plant to

Plant = Click on Save

6. Assign Purchase Organization to Company Code – TC – OX01

SAP IMG-->Enterprise Structure-->Assignment-->Materials Management-->Assign

Purchase organization = Press Enter

Company code = Click on Save

7. Assign Purchase Organization to Plant – TC – OX17

SAP IMG-->Enterprise Structure-->Assignment-->Materials Management-->Assign

Plant = Click on Save

8. Carry Out Overall Maintenance of Plant Parameters – TC – OM18

SAP IMG-->Materials Management-->Consumption-Based Planning-->Plant Parameters-

From Plant = 0001

To Plant = Click on “Copy” & Press Enter

9. Maintain Posting Periods for Material Management – TC - OMSY

SAP IMG-->Logistics - General-->Material Master-->Basic Settings-->Maintain Company

Click on “Position” button,

Company Code = Press Enter

Select Allow Posting to Previous Period Check Box. Click on “Save”.

Ignore Warning Message and Press Enter