SAP FI-MM Integration Entries

The following are the important FI MM integration related accounting entries in SAP.

 

 

Purchase order (PO)

 

Accounting entry will not generate

 

 

Goods received from vendor (GR) – MIGO

 

Example: 100 (Qty) X 20 (PO price) = 2,000

 

Inventory Account Dr 2,000 – BSX

 

To GR/IR Clearing Account 2,000 – WRX (Movement type 101)

 

 

Invoice received (IR) – MIRO

 

In case of full stock available

 

Example: Invoice price is Rs.25, and then the invoice value will be 100X25 =2500

 

Entry: GR/IR Clearing Account Dr 2,000- WRX

 

Stock Account Dr 500 – BSX

 

To Vendor Account 2,500

 

 

In case of partial stock available – 50 Qty

 

Entry: GR/IR Clearing Account Dr 2,000 – WRX

 

Stock Account Dr 250 – BSX

 

Price Difference Account Dr 250 – PRD

 

To Vendor Account 2,500

 

 

In case of No stock available

 

Entry: GR/IR Clearing Account Dr 2,000 – WRX

 

Price Difference Account Dr 500 – PRD

 

To Vendor Account 2,500

 

 

Payment to vendor

 

Vendor Account Dr 2,500

 

To Bank Clearing Account

 

 

Issued material to production order (Movement type 261)

 

Material Consumption Account Dr 1,000 – GBB VBR

 

To Stock Account 1,000 – BSX

 

 

Co Entry: Production Order Dr

 

 

 

Goods received from production to stock (Movement type 101)

 

Stock FG Account Dr – BSX

 

To COGM – GBB AUF

 

 

Co Entry: Cr Production Order

 

 

Delivery

 

COGS Account Dr – GBB VAX/VAY (VAX: without cost element & VAY: with cost element)

 

To Stock FG Account – BSX