Integration FI-MM ( consignment stock) - Accounting entries & Movement type
I want to understand the integration of FI & MM from consignment stock account.
Scenario
In Tcode OBYC what pre-requisite are required.
1. In which transaction ( BSX) where Finished good stock Account (Balance sheet Account) in maintained.
2 In which transaction (????) consignment stock GL is menetioned.
3 In which transaction (KON) change in consignment stock account ( P&L Account) is created.
4 In transaction (GBB) maintenance of cost of good sold account (P&L account) is required with account group
Suppose i have 10000 Inr worth of finished stock. We issue goods of 4000 inr worth to consignee & incurring 1000 packing charges.
The consignee sells 2000 inr worth to final customer & The consignor should be paid commison 10% & 5% charges for maintaining stock.
Ten consignee returns 2000 inr worth of goods
Please tell what accounting enteries will be passed along with movement types.
FI-MM: The integration between FI-MM happens in T-code OBYC.
1. When PO is created :
No Entry -
2. When GR is posted
Inventory Account dr (Transaction Key BSX in OBYC)
To GRIR account (T.Key WRX in T-code OBYC)
3. When Invoice is posted
GRIR account Dr.
Vendor account Cr.
4. Payment made to Vendor
Vendor A/c Dr
To Bank Clearing A/c Cr.
Points to know : Movement Types, Assignment of Movement types to T-keys (T-code OMJJ), Value string (I also need some information on this) , OMWN and OMWB transactions.
There is a close integration b/w FI & MM, actually document flows from MM to FI in the following areas such as,
1. Movement Types:
Used to enable the system to find the predefined posting rules determining how the accounts of financial accounting system are to be posted & to update the stock fields in the matrl master data.(Goods Receipt, Goods Issue, etc)
2. Valuation Class:
Assignment of material to grp of gl account, used to determine the gl accounts that are updated as a result of goods movement.
3. Transaction/Event key:
Used to control the storage or filing of documents & assignment of documents.Used to differeniate b/w various transactions such as goods movement tht occur in inventory.
4. Material Type:
Each material should assign mtrl type in mtrl master record used to update whether changes made in qty are updated in material master record & change in value also updated in stock account.
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Account determination for project stock delivery (for movement type 281Q)
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We are trying to carry out delivery for project stock (CNS0) using movement type 281Q.
We notice that there is no account modifier availalbe for this scenario resulting in error during PGI. However, we can do PGI after changing the config of account determination without account modifier.
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How to find GL account for movement type 309. Tcode etc
Stop Cross-PostingHi,
Try using transaction code OMWB (press cancel on pop-up) >
Press "Simulation" button and enter plant + mat + movement type >
Press "Account assignments" button
Dr/Cr G/L accounts displayed for posting lines.
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Dear All ;
Client want use different consumption account for movement type 201 and 261 .
How we canmap this in SAP
Kindly suggest .
Regards;
Joydeep MukherjeeThis you can acheive by setting account assignment indicator is checked.
OMJJ >>> Movement Type >>>Account Grouping >>Check account Assignment
If this indicator is set, the system checks whether a G/L account or an account assignment has been specified on the item screen when user post transactional data. If so, the system copies this data to the posting line for account determination.
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Consignment Process Accounting Entries on AP and AR
Hi Gurus
Can you Please let me know the accounting entries in detail for the Consignment Process on AP and AR side?
Please rephrase me if the question is represented incorrect
I have never worked on the Consignment Process
I really appreciate for your helpful answers
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Meenakshi.NVendor provides materials & stores them on your company premises. The vendor remains the legal owner of the material until you withdraw material from consignment stores. You need maintaion all like ME11,ME01 and account assignemnt for KON in OBYC.The steps ME51,ME21,MIGO,MB1A,MRKO
The Accounting Generated After GR/GI/Settlement are:
1.Goods Receipt
No Accounting Movement
2.Goods Issue
Consumption A/C: DR
Consignment (Liability Account ) Payable: CR
3.Consignment Settlement
Consignment (Liability Account ) Payable: DR
Vendor Account A/C: CR
Found it from the other link below Vendor Consignment
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Consignment issue Accounting entries problem
Dear Guru's
I have configured the consignment sales for my client but i am facing one problem pl advice
1. Consignment fill up process (delivery of goods)
Create Billing document Accounting Entry
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but issue in
2. Consignment issue process
Create Billing document Accounting Entry as
Consignee A/c Dr
Sales revenue Cr
WHERE AS IN THIS CASE I NEED IT SHOULD DEBIT THE Consignment Sales Contra
I need this entries in accounting document
Consignment Sales Contra Dr
Sales revenue Cr
Regards
Arun
Edited by: ArunSingh2010 on Jun 20, 2010 11:20 AMConsignee A/c Dr
Consignment Sales Contra Cr
I feel you have not configured properly for consignment process. As you would be aware in fill up stage, there would be no accounting implications either while posting the goods issue or creating a proforma on customer due to the fact that you would just be moving the goods from delivering plant to another location.
This being the case, I dont know why you want the consignee account to be debited ??
thanks
G. Lakshmipathi -
Hi ,
I have made a Z movement type which is a copy of movement type 561 . To this Z movement type I want to assign the GL that is assigned to movement type 101 .
How do I assign.
Regards
NandiniHi Nandini,
G/L a/c is decided not only by Movement type, but also material master/plant/type of transaction(transaction key). Movement type in OMJJ is contains transaction key / Account modifier which is the link for GL a/c.
In material master we maintain valuation class. Hence when we do let us say GR for Purchase order(101), the G/L account is decided as below:
Let us say movement type 101
Account modifier = space
Check in OBYC
As you are aware for any transaction there will be +ve and -V entry in GL a/c
Which a/c has to be -ve and which has to be + is decided by posting key depending on transaction. Hence When we do GR...Stock a/c will be +, GR/IR will be -Ve and any price difference(if price control is -S) will be posted to price difference account.
Inventory posting is done through BSX
Price difference will goto PRD
GR/IR will goto WRX
In OBYC, check the transaction BSX, for a given Chart of A/c, for a given valuation modifier(it is nothing but plant grouping) and valuation class, you can see the G/L account. This data is available in table T030
You can see the posting key for debit and cr. That means when we do 101, then Stock will be credited and that posting key is used, if you do reverse GR-102, then same stock a/c will get debited with that posting key
For the transaction PRD, you will get addition to the above, one more column General modifier, this is nothing but the account modifier in OMJJ for that movement type, i.e. Same transaction i.e. GR, if i define a different account modifier, I can change the G/L account so that new movement type PRD (variance) can be collected at different G/L account.
Like that WRX, in which it is maintained at client level no a/c modifier, no valuation class etc...that means GR/IR account determination will not depend on movement type/material/plant etc.
Source : http://www.sap-img.com/materials/movement-type-and-gl-account-determination.htm -
Sto accounting entry - transaction type
HI,
At the time of GI from Supplying Plant;
Stock A/c - Dr - Receiving Plant
Stock A/c - Cr - Supplying Plant
pls tell me whihch transcation type will take ie BSX or GBB for abv sto proces within co code level...
Edited by: UJ on Mar 18, 2009 4:52 AMOffsetting entry for stock posting (GBB)
Offsetting entries for stock postings are used in Inventory Management. They are dependent on the account grouping to which each movement type is assigned. The following account groupings are defined in the standard system:
AUA: for order settlement
AUF: for goods receipts for orders (without account assignment)
and for order settlement if AUA is not maintained
AUI: Subsequent adjustment of actual price from cost center directly
to material (with account assignment)
BSA: for initial entry of stock balances
INV: for expenditure/income from inventory differences
VAX: for goods issues for sales orders without
account assignment object (the account is not a cost element)
VAY: for goods issues for sales orders with
account assignment object (account is a cost element)
VBO: for consumption from stock of material provided to vendor
VBR: for internal goods issues (for example, for cost center)
VKA: for sales order account assignment
(for example, for individual purchase order)
VKP: for project account assignment (for example, for individual PO)
VNG: for scrapping/destruction
VQP: for sample withdrawals without account assignment
VQY: for sample withdrawals with account assignment
ZOB: for goods receipts without purchase orders (mvt type 501)
ZOF: for goods receipts without production orders
(mvt types 521 and 531)
You can also define your own account groupings. If you intend to post goods issues for cost centers (mvt type 201) and goods issues for orders (mvt type 261) to separate consumption accounts, you can assign the account grouping ZZZ to movement type 201 and account grouping YYY to movement type 261.
Caution
If you use goods receipts without a purchase order in your system (movement type 501), you have to check to which accounts the account groupings are assigned ZOB
If you expect invoices for the goods receipts, and these invoices can only be posted in Accounting, you can enter a clearing account (similar to a GR/IR clearing account though without open item management), which is cleared in Accounting when you post the vendor invoice.
Note that the goods movement is valuated with the valuation price of the material if no external amount has been entered.
As no account assignment has been entered in the standard system, the assigned account is not defined as a cost element. If you assign a cost element, you have to enter an account assignment via the field selection or maintain an automatic account assignment for the cost element.
Account determination of valuated sales order stock and project stock
Note that for valuated sales order stock and project stock (special stock E and Q) and for the transaction/event keys BSX and GBB, you must maintain an account determination to avoid receiving warning messages when entering data (purchase order or transfer posting) for valuated stock.
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Stock transit 351 movement type
hi,
For item 00010 of purch. order 4500017208, no goods issue can be posted
Message no. M7152
Diagnosis
Item 00010 of purchase order 4500017208 is no stock transfer order.
Procedure
Make sure your entries are correct.
Check whether the the purchase order is a stock transport order.
Perform function
If required, remove the item entry so that the system displays all items of the purchase order on the selection list. Then select the desired item(s) from the selection list.
Thanks & Regards,
senthilHi
Movement type 351 Goods isue for STO without shipping
The qty is transferred from unrestricted use in the issuing plant to stock in transit in the receiving plant
351 movement type is used if the goods issue is posted without delivery in shipping
A goods issue for a STO with delivery in shipping is posted using movement type 641,643,645,647
This is the explanation of 351 movement type
I see a link between your earlier post and this
You have done STO with shipping and delivery with a wrong movement type
This 351 movement type is for t code MB1B only
For intracompany STO 641 is the movement type
For intercompany STO 643 is the movement type
Regards
Raja -
Sales Returns Stock posting using movement type 651
Hi Experts,
I want to upload the sales returns stock using movement type 651. Because, our existing company code 'xxxx' has been changed to 'zzzz' and all the stocks, balances and so on has been uploaded and carry forwarded to new company code 'zzzz'.
Now, I stuck with the customer/sales returns stock. Also, I know that there is no accounting effects with the movement type 651 i.e., blocked stock stored in customer rejection storage location.
I have tried lot but I didn't get the solution for the same.
Kindly share some ideas to upload the sales returns stock.
Anandkumar KSDear Experts,
First of all, sorry for late reply.
I tried using the movement type 655, but i can't able to post the stock.
Is there any other way to post the stock in customer rejection storage location with the movement type 655?
Also, it should not create any Accounting Document while posting the stock.
Please advice me in this issue.
Anandkumar KS -
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Dear Experts,
I am unable to generate a stock transfer referring an STO in MB1B or MIGO by movement type 301. I am successfully doing whenever I refer a Reservation. Please advice.
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Subhro ChakravartyHi,
i have to ask you to read the SAP Documentation for 'Stock Transfer Using a Stock Transport Order'.
It is explained there how to post a goods movement for STO.
http://help.sap.com/erp2005_ehp_04/helpdata/en/4d/2b90dc43ad11d189410000e829fbbd/frameset.htm
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Thanks!He wanted the cost center (or any other account assignment) is to be displayed only but not ready for input in MB1A screen. Then how can user enter the cost object to post the loss. System by design enables user to enter his own GL account (if that GL is configured to the process).
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Hello all,
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Please advice.
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