Dear Friends,
I have provided answers to few of the questions from SAP MM-FI Automatic Account Determination. I hope it will be helpful for you all.
Tag: SAP FI
SAP Logistics Invoice Verification complete process video
Hello Friends,
In this video, I have explained the process steps for Invoice Verification, Credit Memo, Subsequent Debit and also Subsequent Credit. I hope this video will be helpful for your learning
Logistics Invoice Verification is a part of Materials Management (MM). It is situated at the end of the logistics supply chain that includes Purchasing, Inventory Management, and Invoice Verification. It is in Logistics Invoice Verification that incoming invoices are verified in terms of their content, prices and arithmetic. When the invoice is posted, the invoice data is saved in the system. The system updates the data saved in the invoice documents in Materials Management and Financial Accounting.
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Regards,
Ganesh
ganesh.sap2015@gmail.com
SAP MM-FI Integration-Automatic Account Determination
Hello Friends,
I have provided the video about Automatic Account Determination which is the most important topic in SAP. It is the process which has strong integration between main SAP modules MM and FI. I have provided complete details with proper explanation in this video. I hope it will be useful for your learning.
Follow the blog for new updates and share with your friends to make it useful to many people. Use Online shopping links in my blog whenever you shop in Flipkart, Amazon etc.
Watch the video in below link.
Regards,
Ganesh
ganesh.sap2015@gmail.com
Evaluated Receipt Settlement (ERS) for Invoice Verification
Hi Friends,
I have come up with a document which has complete details about an important functionality called Evaluated Receipt Settlement. With this functionality, invoice receipt and credit memo can be done automatically without using the transaction code MIRO. Find the link for the document below. I hope it will be useful for you.
Regards,
Ganesh
Down Payment Process in SAP
Hi Friends,
Down Payment Process is used in domains like Construction, Real Estate, and Manufacturing etc. This is used to pay some amount to vendor before receiving goods. Down Payment Request is created as per the details maintained in Purchase Order. In this process, you create a purchase order in Materials Management; this order is then delivered on receipt of a down payment. After you have posted the goods receipt, enter the invoice in invoice verification in Materials Management. Clearing between goods delivered and goods invoiced is carried out automatically. Since you have already made a down payment, you then have to clear the down payment with the invoice amount. Then you make the final payment.
Here are the steps involved for complete process.
- Entering Purchase Orders
- Entering Down Payment Requests
- Displaying Vendor Accounts
- Posting Down Payments
- Displaying Purchase Orders
- Displaying Vendor Accounts
- Processing the Goods Receipt for the Purchase Order
- Posting Incoming Invoices in Materials Management
- Clearing/Reversing Down Payments
- Displaying Vendor Accounts
- Displaying Purchase Orders
- Posting Final Payments
- Displaying Vendor Accounts
In this document, I have explained how to create Down Payment request from MM side and how to do the Down payment from FI side. We can use ME2DP for both transactions or we can use F-47 for Down Payment Request and F-48 for Down Payment.
F-47 – Create Down Payment Request
F-48 – Down Payment Entry
F-54 for Down Payment Clearing
Regards,
Ganesh
