Integrating Materials Management with Financial Accounting in SAP

Learn everything you need to know about the intersection of Materials Management with Financial Accounting. Start with an overview of SAP MM business processes and the relationship between MM and FI, and then move to the integration points between SAP MM and SAP ERP Financials. Written for ERP 6.0, Ehp 5 and 6, this edition includes details on inventory management, invoice verification, and more practical business scenarios.

* 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

SAP Procurement Configuration
Configure the FI and MM components with ease and learn the pros and cons of each within an SAP ERP workflow.

Improved Procurement Processes
Adapt a flexible and integrated MM solution set that highlights FI compliance and account and control postings.

Technical Meets Functional
Discover the technical aspects of SAP ERP functionality including coding and database tables to help you develop a more technical understanding of integration.

* Basic configuration
* Stock and consumption materials
* Procurement conditions
* Price determination
* AP Invoicing
* Troubleshooting techniques
* Material price change
* Balance sheet valuation