What is "real time integration" advantage of SAP?

What is the Config for Integration entry? How these entries get formulated in backend?

Real time integration is nothing but the data posting to all the affected areas instantly when an activity is performed. For E.g. When you do a FI-SD integration, when a PGI is posted, the following entry is affected :

 1.    Cost of Goods Sold    Dr         100
        To Inventory Account Cr                  100

Here the Cost of Goods Sold is an FI entry and Inventory Account related to MM but both of them gets affected immediately when you post a PGI in SD.

The updation of these entries when PGI is done is called Real Time Integration. The affect is shown in all FI, MM and SD modules once you save the entry.

The configuration for the below entry is done in OBYC

 1.   Cost of Goods Sold    Dr 100   (T-Key GBB)
       To Inventory Account Cr 100   (T-Key BSX)

The automatic entries are posted to inventory accounts through T-keys to which GL accounts are assigned. These T-keys are assigned to movement types in MM. Please refer to T-code OMWN and OMWB for proper understanding. 

By : Kishore

Fast Links:
Closing Transaction Codes

• The Financial Statement Closing Tcodes
• Profit and Loss Closing Tcodes
• Assets and Liabilities Closing Tcodes

SAP Books
SAP Certification, Functional, Basis Administration and ABAP Programming Reference Books

SAP FICO Tips
SAP FI/CO Tips and Financial Accounting/Controlling Discussion Forum

Best regards,
SAP Basis, ABAP Programming and Other IMG Stuff
http://www.erpgreat.com