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
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
2nd Edition Updated for SAP ERP 6.0, EHP 5 and 6
Faisal Mahboob
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.
Basic configuration Stock and consumption materials Procurement Conditions Trouble-shooting techniques Price Determination Material Price Change Balance sheet valuation AP Invoicing Account determination