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Chapter 13 ■ Integration of FI with Other SAP ERP Modules
whether the Valuation class you defined can be used for the material type.
A Valuation class can be assigned to one or more material types. Likewise, a
material type can be assigned to one or more Valuation classes. The link between
Valuation classes and material types is maintained by the account category
reference. A combination of Valuation classes is often referred to as an account
category reference.
• Transaction key or code:Transaction codes differentiate between transactions and
determine the G/L account where the transaction is posted. SAP includes standard
transaction keys that you can use to customize your settings.
• Accounts:This is where you assign the G/L accounts. You assign G/L accounts
to posting transactions for every valuation class, and the postings in MM will
automatically generate corresponding postings in FI.
In order for the system to post MM transactions automatically to the G/L accounts in FI, you need to
perform the automatic posting configurations.
Configure Automatic Postings
When you customize the automatic postings, the system can then automatically post the MM actions to the
appropriate G/L accounts. That means you don’t have to manually input material movements; the system
will do it for you.
Let’s look at an example to see how customizing MM integration into the G/L accounts works in
principle. Assume a goods receipt (GR) of £200K is posted to the Purchase Order account in the MM module.
The double entry record for this transaction is to:
1. Debit the inventory account.
2. Credit the GR/IR clearing account (Figure 13-3).
Inventory Account
GR/IR Clearing Account
A
200K
B
200K
Figure 13-3. Accounting double entry of goods receipt (GR)
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There are two ways to access the screen where you customize these types of automatic postings:
• IMG: Financial Accounting (New) ➤ General Ledger Accounting (New) ➤ Periodic
Processing ➤ Integration ➤ Material Management ➤ Define Accounts for Material
Management
• IMG: Material Management ➤ Valuation and Account Assignment ➤ Account ➤
Determination ➤ Account Determination Without Wizard ➤ Configure Automatic
Postings
The Configuration Accounting Maintain: Automatic Posts - Procedures screen is displayed. This screen
contains a list of procedures you can choose from. Choose Inventory Posting BSX from the Procedures list by
clicking on it. Then click the Details button on the top-left side of the screen. The Enter Chart of Accounts