Integrating Materials Management With Financial Accounting In Sap
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Author | : Faisal Mahboob |
Publisher | : SAP PRESS |
Total Pages | : 0 |
Release | : 2012 |
Genre | : Accounting |
ISBN | : 9781592294268 |
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
Author | : Andrew Okungbowa |
Publisher | : Apress |
Total Pages | : 579 |
Release | : 2015-06-08 |
Genre | : Computers |
ISBN | : 1484207165 |
SAP ERP modules are notoriously hard to configure and use effectively without a lot of practice and experience. But as SAP ERP Financial Accounting and Controlling: Configuration and Use Management shows, it doesn't have to be so difficult. The book takes a systematic approach that leads SAP Financial Accounting and Controlling (FICO) users step by step through configuring and using all the program’s facets. This approach makes configuration complexities manageable. The book’s author—SAP expert, trainer, and accountant Andrew Okungbowa—ensures that both you and your end users are up and running quickly and confidently with FICO. He also provides sound and tested procedures that ensure your implementation works without error. SAP ERP Financial Accounting and Controlling: Configuration and Use Management is in fact the most comprehensive and easy-to-follow SAP FICO configuration book in the market. It incorporates a hands-on approach, with hundreds of screen shots and practical examples, that allows a person without prior configuration training to make SAP FICO ready for use in the enterprise. You’ll find that you don’t need to be a rocket scientist to grasp the concepts explained and apply them to your work—even when the finances are complicated, such as with the ins and outs of taxes, currency conversions, or special general ledger entries such as down payments or bills of exchange. Providing an in-depth coverage of both configuration and end user procedures, the book covers most aspects of the SAP FICO certification syllabus—SAP’s view of the module’s key tasks and procedures—including: Configuring and using the general ledger and accounts payable and receivable screens Configuring and completing closing procedures, asset accounting, and financial reporting Configuring global settings and enterprise variables Accounting for both profit and cost centers Creating a house bank Integrating FICO with other SAP modules Taking a jargon-free tone and providing an abundance of examples, Andrew Okungbowa provides a clear understanding of configuration techniques and the breadth of functionalities encompassed by SAP FICO. And as an accountant, Okungbowa understands the needs of end users as well as of those answering to the CIO.
Author | : Faisal Mahboob |
Publisher | : SAP PRESS |
Total Pages | : 429 |
Release | : 2010-01-01 |
Genre | : Accounting |
ISBN | : 9781592293377 |
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.
Author | : Faisal Mahboob |
Publisher | : |
Total Pages | : |
Release | : 2012 |
Genre | : BUSINESS & ECONOMICS |
ISBN | : 9781592298273 |
Author | : Martin Murray |
Publisher | : SAP PRESS |
Total Pages | : 0 |
Release | : 2016 |
Genre | : Business & Economics |
ISBN | : 9781493213634 |
Ensure an efficient and orderly Warehouse Management implementation with this comprehensive guide to SAP WM in SAP ERP Learn to customize and use critical functionalities, like goods receipt and goods issue, as well as advanced technologies such as RFID, EDI, and mobile data entry. Covering everything from stock management to picking strategies, you'll master SAP WM. This new edition includes ITSmobile, connections with SAP ERP PP and QM, the warehouse activity monitor, and more. SAP WM Processes Grasp the essentials of warehouse management, including goods receipt, goods issue, replenishment, and putaway. Then master advanced topics such as hazardous materials management, cross-docking, and value-added services. SAP WM Configuration Understand the configuration details necessary to optimize your SAP WM implementation, from storage bins to yard management. Real World Scenarios Explore concrete business cases and examples to help you put expert tips into practice in your own warehouse. Highlights: -Stock management -Goods receipt and goods issue -Replenishment -Picking strategies -Putaway strategies -Inventory management -Yard management -Electronic Data Interchange (EDI) -Radio frequency identification (RFID) -ITSmobile
Author | : Jawad Akhtar |
Publisher | : SAP PRESS |
Total Pages | : 946 |
Release | : 2018-10-28 |
Genre | : Computers |
ISBN | : 9781493217410 |
Materials management has transitioned to SAP S/4HANA--let us help you do the same! Whether your focus is on materials planning, procurement, or inventory, this guide will teach you to configure and manage your critical processes in SAP S/4HANA. Start by creating your organizational structure and defining business partners and material master data. Then get step-by-step instructions for defining the processes you need, from creating purchase orders and receiving goods to running MRP and using batch management. The new MM is here! Material master data Business partner master data Batch management Purchasing Quotation management Material requirements planning (MRP) Inventory management Goods issue/goods receipt (GI/GR) Invoicing Valuation Document management Reporting
Author | : Subbu Ramakrishnan |
Publisher | : SAP PRESS |
Total Pages | : 576 |
Release | : 2009 |
Genre | : Computers |
ISBN | : |
This book provides a comprehensive overview of the application of ERP Financials to the make to stock and make to order manufacturing process models. It is designed to provide valuable solutions and configuration/integration options that readers can use and apply directly in their daily activities. For Finance users, the book covers the standard business drivers and KPIs as they apply to each model, and lends guidance for configuring Financial Accounting and Controlling to maximize functionality for manufacturing finance. Implementation managers and consultants will benefit from the coverage of integrating ERP Financials with other SAP applications such as PP and MM, as well as the configuration sections for Master Data, Cost Object Controlling, and the Information System, among others. Readers from both functions will be able to make use of the numerous screen shots, configuration steps, best practice examples, and tips for system customization. Acknowledging the differences between the two primary manufacturing process models, the book is divided into three sections after an introductory chapter covering information generic to manufacturing models supported in SAP. Part I of the book covers the Make to Stock model, and comprises the bulk of book. Part II covers the Make to Order model. Part III provides a chapter filled with ready-to-use checklists and guides for budgeting and closing activities, and a chapter on the application of SAP Financial Performance Management (FPM, formerly CPM) to the manufacturing finance scenario.
Author | : David Burns |
Publisher | : SAP PRESS |
Total Pages | : 0 |
Release | : 2018 |
Genre | : Computers |
ISBN | : 9781493216789 |
This bestselling guide for business users shows you how to run Financial Accounting in SAP ERP. --
Author | : Akash Agrawal |
Publisher | : SAP PRESS |
Total Pages | : 0 |
Release | : 2012 |
Genre | : Business logistics |
ISBN | : 9781592294152 |
Are you tired of being constantly bogged down by overly technical information? This book provides exactly what functional consultants are looking for: information on how to connect Materials Management (MM) in SAP with industry best-business processes and practices. Get the big picture you need 1. MM: When, Why, and How Understand when and why to use each MM functionality to suit your specific business processes, and then learn how to accomplish the specific task with process steps. 2. Configure and Customize Learn the basics of how to set up organizational structures and other MM elements, enhance master data, and then tweak the system based on different business requirements. 3. Detailed Diagrams and Screenshots Visualize MM organizational structures and processes with practical diagrams, then understand how to configure and customize the system with the help of screenshots. 4. Business Scenarios Benefit from detailed examples to understand how you best use MM to support specific business processes. 5. Updated Edition Find new information on subcontract procurement, outline agreements, materials requirements planning (MRP), new enhancements in MM, and more, all updated for enhancement pack 5. Organizational Structure Master Data Procurement Processes Inventory Management Processes Invoice Verification Inventory Valuations Material Classification Batch Management Materials Requirement Planning
Author | : Ashfaque Ahmed |
Publisher | : CRC Press |
Total Pages | : 446 |
Release | : 2015-09-15 |
Genre | : Business & Economics |
ISBN | : 1498760171 |
Although tens of thousands of global users have implemented Systems, Applications, and Products (SAP) for enterprise data processing for decades, there has been a need for a dependable reference on the subject, particularly for SAP materials management (SAP MM). Filling this need, The SAP Materials Management Handbook provides a complete understanding of how to best configure and implement the SAP MM module across various types of projects. It uses system screenshots of real-time SAP environments to illustrate the complete flow of business transactions involved with SAP MM. Supplying detailed explanations of the steps involved, it presents case studies from actual projects that demonstrate how to convert theory into powerful SAP MM solutions. Includes tips on the customization required for procurement of materials and inventory management Covers the range of business scenarios related to SAP MM, including the subcontracting cycle and consignment cycle Provides step-by-step guidance to help you implement your own SAP MM module Illustrates the procure to pay lifecycle Depicts critical business flows with screenshots of real-time SAP environments This much-needed reference explains how to use the SAP MM module to take care of the range of business functions related to purchasing, including purchase orders, purchase requisitions, outline contracts, and request for quotation. It also examines all SAP MM inventory management functions such as physical inventory, stock overview, stock valuation, movement types, and reservations—explaining how SAP MM can be used to define and maintain materials in your systems.