Questions
1) You regularly purchase non-stock materials. What must you set up to allow the system to automatically propose specific accounts?
a. Assign transaction keys to the account assignment.b. Assign valuation classes to the account assignment categories.
c. Assign transaction keys to the material groups.
d. Assign valuation classes to the material groups.
Which is the correct answer?
2) Which of the following elements influence the G/L account determination?
a. Valuation area and Chart of Accountsb. Business area and Controlling area
Which is the correct answer?
Explanation: Integration Between SAP S/4HANA Finance and Sourcing and Procurement
Understanding how transaction keys are assigned to account assignments is essential for smooth integration between SAP S/4HANA Finance and Sourcing and Procurement. Ensuring that G/L accounts are correctly determined and assigned enables accurate financial reporting and streamlined procurement processes.Define G/L Accounts for Materials Management
Within SAP S/4HANA, the process of defining G/L accounts for materials management involves setting up Account Modification or General Modification using transaction codes.Transaction Code: OMWN
- This key is crucial for determining different G/L accounts for the same type of goods movement, depending on its origin and target.
- When making offsetting entries for inventory postings, the key is assigned to the transaction key for the movement type in T-code: OMWN.
Answers
1) a. Assign transaction keys to the account assignment.
The correct answer is (a). Assigning transaction keys to the account assignment ensures that the system can automatically propose specific accounts during non-stock material purchasing.2) a. Valuation area and Chart of Accounts
The correct answer is (a). The Valuation area and Chart of Accounts are critical elements that influence the G/L account determination process within SAP S/4HANA.Why Transaction Keys and Account Assignment Matter
Setting up transaction keys properly ensures seamless integration between Materials Management (MM) and Finance (FI) modules. Whether you are dealing with non-stock material purchases or complex inventory postings, correctly configured transaction keys ensure accurate account determination and financial reporting.