FI-SD AND FI-MM QUERIES.. PLEASE HELP

Question

Hi Gurus, Please help me with the following queries-
1. How movement type and valuation class helps in determining G/L A/C?
2. Where do I configure GL A/C as per movement type and valuation class?
3. Where I can see G/L postings of individual material after PGI and invoice?
4. How can I see individual customer receivable a/c?
5. How can I see G/L postings of sales revenue, discounts and freight?
Thanks in Advance

Answer 1

Hi Mohit
To understand the FI MM integration first letus understand some of the concept which plays a key roll to understand the FIMM integration.
1.Valuation class:It is a field maintained in the accounting view 1 of Material master.This is nothing but the classification of material like ,Raw material,Finished goods,WIP ,stores & spares etc.It is indicated as numercal number.
2.Movement type:This is a 3 digit numerical code which is used for all material moverment in MM module. Say for example movement type 101 is used for Goods receipt from vendor or from production.
3.Transaction Key.:The combination of valuation class and the movement type transalates into a transaction key  which indicates a what is the type of transaction.
4.Offsetting entry:When you are accounting the goods receipt the offsetting entry goes to Gr/IR account.
If u understand this concept understanding the FIMM integration is not difficult.
I am just giving an example here to understand how it works.
When goods are received from the vendor the accounting entry is
Raw material account DR  10000
Gr/IR a/c CR                     10000
How it is arrived
Valuation class of RM+Movemement type of Goods receipt(101)=BSX(provide the G/L)
Valuation clss+Goods Receipt(101)=WRX (Give Gr/Ir account)
This settings are done in T code OBYC.
For FI sd Integration you have to follow access sequence.Depending upon that system takes the necessary g/l account. This configuration happens in VKOA.
Hope ur issues are addressed.
If u require any further clarification pl do contact.
Regards.
Surendra.