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.
Investment management Module refers to planning and managing of investments in long term activities. The long term investments may be for the purpose of creation of fixed assets for internal purposes, or may be an execution of job works and … Read More
Bill of Materials : BOM is a complete, formally structured list of components (raw or semi finished materials), which are needed to manufacture a finished product. The BOM list contains the material number together with quantity and unit of measure … Read More
The Purchase Info Record belongs to the master data for purchasing. It holds information for a specific Material and Vendor combination. Purchase Info records allow the definition and maintenance of:
Flexible & comprehensive
SAP R3 improves flexibility and enables quicker response. It lets the company to concentrate on strategically expanding their business to address new products or markets.
SAP R/3 is ideal for companies of all sizes and industries. It … Read More
Functions of Goods issue Posting: Updating Stock Quantities : The warehouse stock of the material is reduced by the delivery quantity. You will find information on inventory management in the MM Inventory Management online documentation.
Evaluating and Updating Balance Sheet … Read More
The item category determination in the sales document depends on the sales document type and the material. An item category group is defined in the material master record. For Example, in the standard sap system. Item category group NORM is … Read More
SAP Business Objects -During the process of getting acquainted with the numerous components of BOBJ that we was having difficulty understanding where each one fits. we initially needed to understand where each one of the SAP Business Objects components fits … Read More