FI MM Configuration – OBYC settings in SAP S4 HANA

FI MM Configuration – OBYC settings in SAP S4 HANA.

In this blog, we guide step by step process of FI MM Configuration in OBYC settings in SAP S4 HANA, particularly for transaction keys:

• BSX – Inventory posting
• WRX – GR/IR Clearing account

BSX – Inventory posting

Go to T code: OBYC.

Double click on “BSX” transaction key.

Popup will appear, give Chart of account and click on continue button.

Now give the marks for valuation modifier (valuation grouping code) and valuation class.

Click on save button.

In P2P cycle, at MIGO – Accounting entry

Accounting Entry	Transaction Key
Raw material/Finished good A/c Dr	BSX
GR/IR A/c Dr	WRX

How Debit side GL account will be picked when the accounting entry posting -> Based on combination of valuation modifier(means valuation grouping code) and valuation class (Assigned in Material master) in OBYC.

Now maintain the GL accounts.

Click on save button.

Now customizing request prompt will come, select your request and click on continue.

WRX – GR/IR Clearing account

Double click on “WRX” transaction key.

Popup will appear, give Chart of account and click on continue button.

Click on save button.

Now enter GR/IR GL account and click on save button.

Now customizing request prompt will come, select your request and click on continue.

Similar content you may like in SAP FI MM:

• How to Create Plant in SAP S4 HANA: Click here
• How to Create Storage Location in SAP S4 HANA: Click here
• How to Create Purchasing Organization SAP S4 HANA: Click here
• How to Create Purchasing Group in SAP S4 HANA: Click here
• How to Create Material Group in SAP S4 HANA: Click here
• How to Assign valuation grouping code (OMWD) to plant in SAP S4 HANA: Click here
• What is Valuation Class in SAP S4 HANA: Click here
• How to open MM posting periods – MMPV – Click here
• FI MM Configuration – OBYC settings in SAP S4 HANA: Click here
• How to Create Material master (MM01) in SAP S4 HANA: Click here
• Extend Vendor (BP) to Purchase organization in SAP S4 HANA: Click here

SAP FICO Configuration topics:

• SAP Finance Enterprise structure: Click here
• SAP Finance GL Accounting: Click here
• SAP Finance Accounts Payable: Click here
• SAP Finance Accounts Receivable: Click here
• SAP Finance Bank Accounting: Click here
• SAP Finance New Asset Accounting: Click here
• How to Create a Controlling area in SAP: Click here
• SAP Controlling – Cost Element Accounting: Click here
• SAP Controlling – Cost Center Accounting: Click here