Overview

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

Full Product Details

Author:   Faisal Mahboob
Publisher:   SAP Press
Imprint:   SAP Press
Edition:   Second Edition
Dimensions:   Width: 17.50cm , Height: 3.60cm , Length: 22.90cm
Weight:   1.066kg
ISBN:  

9781592294268

ISBN 10:   159229426
Pages:   508
Publication Date:   28 August 2012
Audience:   Professional and scholarly ,  Professional & Vocational
Format:   Hardback
Publisher's Status:   Active
Availability:   In Print  
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Table of Contents

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

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Author Information

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.

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