SAP is an ERP package, which is used in many companies worldwide.The full form for SAP is System Application Products in Data Processing. The product is German in origin. we can see the SAP Overview of major sap modules include financial accounting-FI,Production planning-PP,Sales and Distribution-SD,Controlling (costing)-CO,Materials management (MM) and Human Resources (HR).
The full form of ERP is Enterprise Resources Planning. Previously companies used to do MRP i.e. Material Resource Planning. ERP is the up gradation of the same. The need for ERP arose due to lack of proper / common database available for all the functions in an organization.
SAP is an enterprise resource planning (ERP) software or solution and using its application programming one can effectively manage an enterprise’s resources, people, money, machines,etc.
SAP stands for Systems, Applications and Products in Data Processing.
The original abbrevation of SAP … Read More
The company SAP was founded in Waldorf, Germany, in 1972 by five ex IBM engineers (Dietmar Hopp, Hans-Werner Hector, Hasso Plattner, Klaus E. Tschira, Claus Wellenreuther). SAP stands for Systemanalyse und Programmentwicklung or “System Analysis and Program Development”. This … Read More
This is very common question, SAP stand for “
To stay competitive, you need to deliver innovation and value to your customers. You need a partner that can help you create a new, enhanced offering to expand your portfolio of … Read More
Few credentials in the business world carry the value of SAP R/3 certification. Those who hold it have honed their skills through rigorous study or direct experience. They have demonstrated their abilities by passing demanding, process-oriented exams.
In order … Read More
Invoice Generation
Invoices will be generated at the Smelters and stock points. The accounting entries for the sale of goods dispatch will flow from the Sales invoice generated in SAP Sales and Distribution module.
The following entries shall be passed… Read More
From scheduling in sap point of view following dates/time are important:
1. Confirmed delivery date: date on which system confirms good receipt for customer
2. Requested delivery date (RDD): as requested by customer
3. Goods issue date … Read More