What is MM - FI Integration

Question

Accepted Answer

MM-FI Integration is the integration between Materials Management and Financial Accounting modules in SAP ERP system.

MM-FI Integration ensures that all accounting transactions are recorded accurately and in real-time.
It helps in tracking the financial impact of all procurement and inventory transactions.
It enables automatic account determination for goods movements and invoice verification.
It facilitates the creation of accounting documents and updating of G/L accounts.
Examples of MM-FI Integration include automatic posting of goods receipt and invoice verification documents to Financial Accounting.
It also includes automatic updating of inventory accounts and vendor accounts in Financial Accounting.

Accepted Answer

It is the integration between the material management module and the financial module for recording every transaction in the accounting

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