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    The Integration Between FI, SD, MM, and SF: Prepared By: Mona Ibrahim

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    SUBHOJIT BANERJEE
    The document discusses the integration cycles between various SAP modules: FI, SD, MM, and SF. Key points include: 1) The FI-MM cycle involves purchase requisitions, orders, goods receipt, invoice receipt, and payment, with accounting entries created at each step. 2) The SD-MM cycle involves sales orders, availability checks, delivery, goods issue, billing, and payment, again with accounting entries at each step. 3) The FI-SD cycle mirrors this, replacing purchase with sales processes. 4) The FI-SF cycle covers transferring employee and payroll data from SF to post to the financial ledger and generate reports.

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    The Integration Between FI, SD, MM, and SF: Prepared By: Mona Ibrahim

    Uploaded by

    SUBHOJIT BANERJEE
    147 views6 pages
    The document discusses the integration cycles between various SAP modules: FI, SD, MM, and SF. Key points include: 1) The FI-MM cycle involves purchase requisitions, orders, goods receipt, invoice receipt, and payment, with accounting entries created at each step. 2) The SD-MM cycle involves sales orders, availability checks, delivery, goods issue, billing, and payment, again with accounting entries at each step. 3) The FI-SD cycle mirrors this, replacing purchase with sales processes. 4) The FI-SF cycle covers transferring employee and payroll data from SF to post to the financial ledger and generate reports.

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    1685320945463

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    The document discusses the integration cycles between various SAP modules: FI, SD, MM, and SF. Key points include: 1) The FI-MM cycle involves purchase requisitions, orders, goods receipt, invoice receipt, and payment, with accounting entries created at each step. 2) The SD-MM cycle involves sales orders, availability checks, delivery, goods issue, billing, and payment, again with accounting entries at each step. 3) The FI-SD cycle mirrors this, replacing purchase with sales processes. 4) The FI-SF cycle covers transferring employee and payroll data from SF to post to the financial ledger and generate reports.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    147 views6 pages

    The Integration Between FI, SD, MM, and SF: Prepared By: Mona Ibrahim

    Uploaded by

    SUBHOJIT BANERJEE
    The document discusses the integration cycles between various SAP modules: FI, SD, MM, and SF. Key points include: 1) The FI-MM cycle involves purchase requisitions, orders, goods receipt, invoice receipt, and payment, with accounting entries created at each step. 2) The SD-MM cycle involves sales orders, availability checks, delivery, goods issue, billing, and payment, again with accounting entries at each step. 3) The FI-SD cycle mirrors this, replacing purchase with sales processes. 4) The FI-SF cycle covers transferring employee and payroll data from SF to post to the financial ledger and generate reports.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 6

    The Integration between FI, SD, MM, and SF

    Prepared by: Mona Ibrahim


    IT Intake 43

    1
    2
    The integration cycle between FI and MM can be summarized as follows:

    1. Purchase Requisition: A purchase requisition is created in the MM module when a


    material is required. This requisition contains information such as material code, quantity,
    and delivery date.

    2. Purchase Order: Once the purchase requisition is approved, a purchase order is created in
    the MM module. The purchase order contains information such as the vendor, material
    code, quantity, and price.

    3. Goods Receipt: When the material is received, a goods receipt document is created in the
    MM module to record the receipt of the material. This document updates the inventory in
    the MM module and creates an accounting document in the FI module.

    4. Invoice Receipt: When the vendor invoice is received, an invoice receipt document is
    created in the MM module to record the receipt of the invoice. This document updates the
    accounts payable in the FI module and creates an accounting document in the FI module.

    5. Payment: When the invoice is due for payment, a payment document is created in the FI
    module, which updates the accounts payable and bank accounts.

    6. Accounting Entries: The accounting entries are created automatically in both the FI and
    MM modules during the above steps. These entries are necessary for financial
    reporting and analysis.

    3
    The integration cycle between SD and MM can be summarized as follows:

    1. Sales Order: A sales order is created in the SD module when a customer places an order
    for a product. This order contains information such as the material code, quantity, and
    delivery date.

    2. Availability Check: When a sales order is created, an availability check is performed in the
    MM module to confirm that the required quantity of the material is available in stock or
    can be procured in time. If the material is not available, a purchase requisition is created in
    the MM module to procure the required quantity.

    3. Delivery: Once the material is available, a delivery document is created in the SD module
    to initiate the shipment of the material to the customer. This document updates the
    inventory in the MM module and creates an accounting document in the FI module.

    4. Goods Issue: When the material is shipped, a goods issue document is created in the MM
    module to record the removal of the material from inventory. This document updates the
    inventory in the MM module and creates an accounting document in the FI module.

    5. Billing: When the material is shipped, a billing document is created in the SD module to
    invoice the customer for the product. This document updates the accounts receivable in the
    FI module and creates an accounting document in the FI module.

    6. Payment: When the invoice is due for payment, a payment document is created in the FI
    module, which updates the accounts receivable and bank accounts.

    7. Accounting Entries: The accounting entries are created automatically in both the SD
    and MM modules during the above steps. These entries are necessary for financial
    reporting and analysis.
    4
    The integration cycle between FI and SD can be summarized as follows:

    1. Sales Order: A sales order is created in the SD module when a customer places an order
    for a product or service. This order contains information such as the material code, quantity,
    and delivery date.

    2. Availability Check: When a sales order is created, an availability check is performed in the
    MM module to confirm that the required quantity of the material is available in stock or
    can be procured in time. If the material is not available, a purchase requisition is created in
    the MM module to procure the required quantity.

    3. Delivery: Once the material is available, a delivery document is created in the SD module
    to initiate the shipment of the material to the customer. This document updates the
    inventory in the MM module and creates an accounting document in the FI module.

    4. Billing: When the material is shipped, a billing document is created in the SD module to
    invoice the customer for the product or service. This document updates the accounts
    receivable in the FI module and creates an accounting document in the FI module.

    5. Payment: When the invoice is due for payment, a payment document is created in the FI
    module, which updates the accounts receivable and bank accounts.

    6. Accounting Entries: The accounting entries are created automatically in both the FI and
    SD modules during the above steps. These entries are necessary for financial reporting and
    analysis.

    5
    The integration cycle between FI and SuccessFactors can be summarized as follows:

    1. Employee Data: Employee data such as name, address, job title, and compensation
    information are created or updated in SuccessFactors.

    2. Payroll: The payroll process is initiated in the SuccessFactors system based on the
    employee data. The payroll process calculates the employee's net pay, taxes, and
    deductions.

    3. Payroll Posting: Once the payroll is processed, the payroll posting is initiated in the
    SuccessFactors system. These posting transfers payroll data to the FI module for posting
    to the financial ledger.

    4. Posting to Financial Ledger: The payroll data is posted to the FI module, which updates
    the general ledger accounts related to payroll, such as salaries, taxes, and benefits.

    5. Financial Reporting: The financial reporting process is initiated in the FI module, which
    generates financial statements such as the balance sheet, income statement, and cash flow
    statement.

    6. Analytics: The analytics and reporting features in SuccessFactors and the FI module
    enable analysis of key performance indicators (KPIs) related to payroll and financial
    performance.

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