Integrating Materials Management with Financial Accounting in SAP

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 Master Financial Accounting (FI) and Materials Management (MM) with this completely updated and comprehensive guide. Explore the integration of MM and FI and optimize your entire supply chain network with ease. Ensure that you have the right product, in the right place, at the right quantity and price to meet your business needs. With a practical, straightforward approach, benefit from real-world examples, troubleshooting techniques, and step-by-step descriptions to create a smooth and efficient procurement process. Relationship between Materials Management and Financial Accounting Discover the relationship between Materials Management and Financial Accounting and learn how to drive an efficient procurement process. Configure your SAP Procurement Configure the FI and MM components with ease and learn the pros and cons of each within an SAP ERP workflow.MM and FI Processes and Concepts Improve your procurement process with a flexible and integrated MM solution set that highlights FI compliance and account and controlling 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 issues. Second Edition, Updated and Expanded Updated to include new and expanded content on differential invoicing with respect to purchasing, inventory management, invoice verification, and more.