SAP ERP Financials and FICO Handbook

1.4 G/L ACCOUNTING (FI-G/L) 37
■ Material type —This groups together materials with the same basic attributes,
such as raw materials, semifinished products, or finished products. When creating
a material master record, you must assign the material to a material type.
The material type you choose determines:
■ Whether the material is intended for a specific purpose, such as a configurable
material or process material
■ Whether the material number can be assigned internally or externally
■ Account category reference — The account category reference is a combination
of valuation classes. Exactly one account category reference is assigned to a
material type. The link between the valuation classes and the material types is
set up via the account category reference. In the standard system, an account
reference is created for each material type. The account category reference is
in turn assigned to exactly one valuation class. This means that each material
type has its own valuation class.
Transaction Dependent:
■ Movement types —This is a classification key indicating the type of material
movement (for example, goods receipt, goods issue, or physical stock transfer).
The movement type enables the system to find predefined posting rules determining
how accounts of a financial accounting system (stock and consumption
accounts) are to be posted and how the stock fields in the material master record
are to be updated.
■ Transaction/Event key— This is a key allowing the user to differentiate between
the various transactions and events (such as physical inventory transactions
and goods movements) that occur within the field of inventory management.
The transaction/event type controls the filing/storage of documents and the
assignment of document numbers. Some important transaction keys are BSX,
GBB, and WRX.
Using the organization dependent, material master dependent, and transaction
dependent areas, you determine the inventory management requirements,
which are:
■ Whether changes in quantity are updated in the material master record .
■ Whether changes in value are also updated in the stock accounts in financial
accounting .
FI-MM integration mapping is stored in table T030. For a better understanding,
use transaction code SE16.