What is SAP ERP

what is SAP stands for?

SAP Stands for Systems,Applications and Products.

SAP is a name of a company which offers ERP solution for various industries to integrate information from various functions of that industry under one system.

SAP is a Centralized Enterprise Management System also know as Enterprise Resource Planning.

what is ERP stands for?

ERP Stands for Enterprise Resource and Planning.

Which is the best ERP Software?

SAP is the best ERP software in the world. The main advantage of using SAP as your company ERP system is that SAP have a very high level of integration among its individual applications which guarantee consistency of data throughout the system and the company itself.

There are so many ERP modules availble in the market

• Oracle Finance
• Bann
• ZD edverd
• People soft

why companies undertake ERP?

•     Integrate financial Information.
•     Integrate Customer Order Information.
•     Standardize HR information.
•     Standardize and speed up manufacturing processes.
•     Reduce inventory.

ERP Mainly used for planning resources like
Money, 
Material,
Man power,
Machinery,
Methods
        to get maximum profits with minimum Efforts.
 For this reason all the business functions and processes need to be atomised and integrated.

In an large company many systems runs the following functionalities like

• back office,
• Sales office Human Resource and management,
• Account department,
• Goods stock,
• Material Management.

 These are all things work together to make a company work file, Now ERP is a process which make all this system work together and give best output of it. 

what is sap fico module and its sub modules

What is SAP FICO Module 

SAP FICO contains two modules . 

They are Finance ( FI) and Controlling (CO) Modules. Both are using for accounting Process.

FI module focused on external reporting and CO module focused on internal reporting. So both are combined and known as FICO

Sub modules in SAP Finance

• AA - Asset Accounting
• AP -- Accounts Payable
• AR -- Accounts Receivable
• BL -- Bank Accounting
• FM -- Funds Management
• GL -- General Ledger Accounting
• LC -- Legal Consolidations
• SL -- Special Purpose Ledger
• TM -- Travel Management

 

sap fico

Sub modules in SAP Controlling

• SAP CO-CEA - Cost Element Accounting
• SAP CO-CCA - Cost Center Accounting
• SAP CO- Internal Orders
• SAP CO- Activity-Based Costing
• SAP CO-PC- Product Cost Controlling
• SAP CO-PA- Profitability Analysis
• SAP CO-PCA- Profit Center Accounting
• SAP CO-OM- Overhead Cost controlling
• SAP CO-ML- Material Ledger

Sap Modules List

List of all Sap Modules 

Sap classified in to 3 modules

1. Functional Modules
2. Technical Modules
3. New Dimensional Modules also known as SAP New Modules. 

Sap Functional Modules 

1.  FI  - Financial Accounting.
2.  CO - Controlling.
3.  CRM  -- Customer Relationship Management.
4.  CS  -- Customer Service.
5.  EC -- Enterprise Controlling.
6.  EHS -- Environment, Health & Safety.
7.  FM  --  Fleet Management.
8.  FSCM  --  Financial Supply Chain Management.
9.  HR  --  Human Resources.
10.  IM  --  Investment Management.
11.  MM    --  Materials Management .
12.  PLM  --  Product Life Cycle Management.
13.  PM  --  Plant Maintenance.
14.  PP  --  Production Planning.
15.  Product Costing -- It deals with Plan Costing + Actual Costing of Finish products.
16.  PS  --  Project Systems.
17.  QM  --  Quality Management.
18.  RE  --  Real Estate.
19.  SD    --  Sales and Distribution.
20.  SM    --  Service Management.
21.  TR    --  Treasury.
22.  WM    --  Warehouse Management.
23.  LO  --  Logistics General. 

Sap Technical Modules 

1.  ABAP -- Advanced Business Application Programming.
2.  Basis -- Basis also known as Basis Admin is typically the administration of SAP
3.  BI -- Business Intelligence.
4.  BPC -- Business Planning and Consolidation.
5.  BODI -- Business Objects Data Integrator.
6.  EP -- Enterprise Portal.
7.  GRC --  Group Risk Compliance.
8.  MDM -- Master Data Management.
9.  Netweaver -- Netweaver provides technical foundation for  applications.
10.  Security -- Security ensures security of enterprise operations.
11.  Solution Manager -- Solution Manager facilitates technical support for distributed systems.
12.  XI --  Exchange Infrastructure (SAP XI) enables you to implement cross-system processes on services.
13.  PI --  Process Integration (SAP PI) is enterprise application integration (EAI) software.

New Dimensional Modules 

1. APO -- Advanced Planner Optimizer.
2. EWM -- Extended Warehouse Management.
3. SCM -- Supply Chain Management.
4. SEM -- Strategic Enterprise Management.

What is sap software

What is sap

1)  SAP  -  Systems Applications and Products in Data Processing. Sap is also name of Company.

2)   It is related to ERP, which is Enterprise Resource Planning

3)  SAP software is specifically designed to handle major challenges and it centralizes all of the

      resources needed for the organization.

4)  It includes the following Functionalities
     payroll   
     human resources
     customer relationship management
     sales
     material handling
     supply chain  etc

what is sap

SAP is widely used in the industries:

    Aerospace
    Automotive
    Engineering
    High Tech
    Media
    Mining
    Oil and Gas
    Retail
    Chemicals
    Healthcare

SAP is widely used in the Business Lines:

    Asset Management
    Human Resources
    Manufacturing
    Procurement
    Sales
    Sustainability
    Service
    Finance
    Information Technology
    Supply Chain

SAP Software handles the following cloud services

    Analytics
    business applications
    collaboration tools
    platforms
    virtualization management

SAP Software used on the mobile front

    mobile apps
    platforms
    commerce solutions
    device management
    mobility and services.

Conclusion : SAP is in every aspect of enterprise software, and leads the industry through constant innovation, commitment to excellence and dedication to customer service.