SAP FICO, MM Functional

SAP FICO :

• Financial Accounting (FI) Configuration: Set up and maintain the General Ledger (GL), Accounts Payable (AP), Accounts Receivable (AR), and Asset Accounting (AA).
• Controlling (CO) Configuration: Manage Cost Center Accounting, Profit Center Accounting, Internal Orders, and Product Costing.
• Period-End Activities: Support finance teams with month-end and year-end closing processes, ensuring system readiness and data accuracy.
• Bank Integration: Configure bank accounting, automatic payment programs, and electronic bank statement processing.

SAP MM :

Procurement Process Setup: Configure purchasing documents (Purchase Requisitions, Purchase Orders, Outline Agreements) and release strategies (approval workflows).

Master Data Management: Define and manage Material Master, Vendor Master, and Purchasing Info Records.

Inventory Management: Configure goods movements (Goods Receipt, Goods Issue, Transfer Postings) and physical inventory processes.

Logistics Invoice Verification (LIV): Manage the three-way match process (PO > Goods Receipt > Invoice) before it hits Accounts Payable.

Pricing Procedures: Define condition types, calculation schemas, and access sequences for material pricing.