SAP Financials Integration Techniques

This is the third post on the series of posts on “SAP Financials: Integration with Other SAP Modules”. In this post we will discussion the “SAP Financials Integration Techniques”. 1.2 SAP Financials Integration Techniques Integration of SAP Financials to other SAP modules, deals with how seamlessly business transactions flow from other SAP […]

SAP Logistics Invoice Verification Process: the Goods Receipt/Invoice Receipt (GR/IR) Account Maintenance

The three way matching of invoice, good receipt and the purchase order is what is referred to as the logistic invoice verification (LIV) process. The process matches the supplier invoice received with the Goods Receipt in terms of quantity, and with the Purchase Order in terms of prices. The LIV process may lead […]

Configuration of SAP Special G/L Transactions

Special G/L transactions are special transactions in accounts receivable and accounts payable that are recorded in the General Ledger in alternative reconciliation accounts instead of the normal Vendor/Customer reconciliation accounts. We usually make use of Special G/L Transactions to take care of business process requirements of down payments, retentions, guarantees etc. In this post […]

Discussion on aligning Logistic Invoice Verification Transaction document numbers in MM and FI

How many times have you wondered why the same invoice document from SAP MM, that got posted to SAP FI-AP (through a logistics invoice verification-LIV transaction), will have a document number in FI different from the one in MM?, and how much of your precious time is spent on drill downs from FI in order […]