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Finance & controlling(FICO)

SAP FICO is the Finance and Cost controlling module in SAP ERP where FI stands for Financial Accounting and CO stands for Controlling. SAP FICO module is very robust and covers almost all business process encountered in various industries. It is one of the very important and widely implemented modules in SAP. All the financial sections like Accounts Receivable, Accounts Payable, General Ledger, Tax, etc are incorporated into SAP. So as payments are made, products are sold, entries in the books are automatically updated in the system in real time. It makes month ends much easier in companies now with all the automation. Controlling, on the other hand represents the flow of costs and revenues from the transactions that take place in the company. It helps to track internal costs within the company. Thus, CO is a management tool which helps them analyze on how well the company is doing. The various segments include Cost accounting, Profitability, Product costing. , etc

Material Management(MM)

SAP MM (Materials Management) is a module in SAP ERP Central Component (ECC) that provides companies with materials, inventory and warehouse management capabilities. The primary goal of SAP MM is to make sure that materials are always kept in proper quantities and without shortages or gaps in the organization's supply chain. It also helps supply chain professionals and other SAP users complete the purchasing of goods in a timely and cost-effective way and to be able to deal with day-to-day changes in these processes.

Some prominent benefits of SAP MM are: * Reduces material costs by avoiding stocking of unnecessary or obsolete materials

Human Capital management(HCM)

SAP HCM is one of the major modules in SAP that plays an important role in building an organized management in enterprises. HCM is one of the most important processes in organizations across industries. The general idea on HR is related only to recruiting. But HR is much beyond just recruiting. In an organization, HR not just hires employees but segregates employees based on various factors such as department level, payment days, payment details, designations and more. Besides, various other works such as promotions, employee engagement and team motivation tasks are taken care of by the HR. These works might sound very simple; however, working out all these for people of an entire organization is not an easy work at all. To streamline all such HR processes, SAP ERP operations are widely used. SAP HCM ERP is one of the most flexible software for HR processes widely used across industries.

Sales and Distribution (SD)

SAP Sales and Distribution (SD) is an important module of SAP ERP consisting of business processes required in selling, shipping, billing of a product. The module is tightly integrated with other SAP MM & SAP PP. Key sub-modules of SAP SD are Customer and Vendor Master Data, Sales, Delivery, Billing, Pricing and Credit Management. SAP SD (Sales and Distribution) is one of the worth noting modules of SAP ERP. It encloses all the information regarding customer and services. In an organization, it deals with shipping, selling and transportation of goods and services.

SAP SD is specially designed to facilitate the following business processes in an enterprise:

Ware house Management(EWM)

Warehouse management with an integrated SAP system is a useful way to integrate SAP into the inventory management part of a business. SAP extended warehouse management (EWM) can aid companies to integrate complex supply chain management with distribution services. EWM also offers firms that decide to use it many benefits such as inventory tracking, multichannel fulfillment, and cross-docking (among others) all done in real-time. For businesses needing a solution that encompasses the disparate parts of inventory, supply chain, and warehouse management, EWM provides a single application that automates most processes.

SAP EWM offers flexible and automated support for managing the stocks available in a warehouse and processing their movements. Some of the other advantages of this SAP module are mentioned below:

Project Planning (PP)

Production Planning (PP) module in SAP-ERP offers powerful tools in the area of shop floor production, process industries and lean manufacturing. The ability of SAP in operation efficiency, inventory control and process automation is compatible to businesses such as automotive, petrochemical, pharmacy, and food industries. PP integration with supply chain entities including procurement, storage, inventory control, sales and distribution, provides the production flow optimization, material tracing, and planning strategies (make to stock, make to order, engineer to order, etc.) Product lifecycle database, Bill Of Material, routing, demand forecast, material and capacity planning, production plan, production control and production line charge, production output record, material tracing until it’s on customer’s hand, plan and actual product costing, are of main tools which SAP Production Planning module offers. In the following, a review of these tools is represented.

SAP Programming Language(ABAP)

ABAP is a programming language that runs in the SAP ABAP runtime environment, created and used by SAP for the development of application programs including:

All of R/3’s applications and even parts of its basis system were developed in ABAP.

ABAP is an event-driven programming language. User actions and system events control the execution of an application.

ABAP is also called ABAP/4. The “4” in ABAP/4 stands for “Fourth Generation Language” or 4GL.