SAP ECC Modules Financial Accounting (FI). It allows managing multiple companies with their own chart of accounts, currencies and. The GL module takes care of the heavy lifting while ensuring the data is accurate and complete.
Activities Involved in SAP FICreation of Organizational Structure (Defining Company, Company Codes, business Areas, Functional Areas, Credit Control, Assignment of Company Codes to Credit Controls)Financial Accounting Global Settings (Maintenance of Fiscal Year, Posting Periods, defining Document types, posting keys, Number ranges for documents)General Ledger Accounting (Creation of Chart of Accounts, Account groups, defining data transfer rules, creation of General Ledger Account)Tax Configuration & Creation and Maintenance of House of BanksAccount Payables (Creation of Vendor Master data and vendor-related finance attributes like account groups and payment terms)Account Receivables (Creation of Customer Master data and customer-related finance attributes like account groups and payment termsSAP CO (Controlling) module facilitates coordinating, monitoring, and optimizing all the processes in an organization. Under Finance in SAP and at an enterprise level, the following modules take part −SAP FI (Financial Accounting) is accountable for tracking the flow of financial data across the organization in a controlled manner and integrating all the information for effective strategic decision-making. Financial Supply Chain Management (FSCM)SAP FICO is a combination of two ERP modules, i.e., Finance Accounting (FI) and Controlling (CO). SAP solutions include a number of functional modules, which support transactions to execute key business processes, such as − Analysis, Planning and management of order based capacity.SAP SCM is divided in to three type of flows, Such asProduct Flow: – It includes the delivery of good and services from suppliers to a customers and returning any goods or services from customers.Information of Flow: – It includes the delivering of information that related to the orders and updating the delivery status.Finance flow: – It contains the financial accounting data that related to finances such as credit, debits, payments, etc. Planning Application helps to process the orders by using advanced algorithms.
Sap Ecc Modules Code To Company
Activities Involved in SAP SDSetting up Organization Structure (creation of new company, company codes, sales organization, distribution channels, divisions, business area, plants, sales area, maintaining sales offices, storage location)Assigning Organizational Units (Assignment of individual components created in the above activities with each other according to design like company code to company, sales organization to company code, distribution channel to sales organization, etc.)Defining Pricing Components (Defining condition tables, condition types, condition sequences)Setting up sales document types, billing types, and tax-related componentsSetting up Customer master data records and configurationMaterial Management deals with movement of materials via other modules like logistics, supply chain management, sales and delivery, warehouse management, production and planning. SAP SD is used by organizations to support sales and distribution activities of products and services, starting from enquiry to order and then ending with delivery.SAP SD can monitor a plethora of activities that take place in an organization such as products enquires, quotation (pre-sales activities), placing order, pricing, scheduling deliveries (sales activity), picking, packing, goods issue, shipment of products to customers, delivery of products and billings.In all these processes, multiple modules are involved such as FI (Finance Accounting), CO (Controlling), MM (Material Management), PP (Production Planning), LE (Logistics Execution), etc., which shows the complexity of the integration involved. It has a high level of integration complexity. Activities Involved in SAP COCost Element Accounting (Overview of the costs and revenues that occur in an organization)Activity-Based-Accounting (Analyzes cross-departmental business processes)Product Cost Controlling (Calculates the costs that occur during the manufacture of a product or provision of a service)Profitability Analysis (Analyzes the profit or loss of an organization by individual market segments)Profit Center Accounting (Evaluates the profit or loss of individual, independent areas within an organization)SAP SD is one of the most important modules in SAP. This module helps in analyzing the actual figures with the planned data and in planning business strategies.Two kinds of elements are managed in CO −These elements are stored in the FI module.
For instance −An employee moves to his or her new address must be stored in the system.An employee gets a pay hike at the start of the year. After an employee is hired, circumstances can always arise which necessitate either the entry of new data or the correction of current data. Instead you can hire someone by running a personnel action in Personnel Administration, thereby creating the necessary data for the employee to be hired.Employee data must be kept current. It helps an organization −Maintain its sales, services, and build marketing strategies according the market demand and customer data analysis.Remain focused on its customers and via information analysis, help the business to know more about its customers.Improve sales and services and building better relationships with customers.The most important objective of master data administration in Human Resources is to enter employee-related data for administrative, time-recording, and payroll purposes.A new employee can be hired without using Recruitment.
In addition, there is very tight integration amongst the HR sub-modules.The above illustration highlights some of the basic SAP HR terms as listed below. The HR module is a true demonstration of the strength of the SAP product in Enterprise Resource Planning.The HR system has very strong integration points (where data is passed back and forth without human intervention) with just about all of the other SAP modules. His or her organizational assignment, working time, and salary also change.Data can be stored for the past, present, or future.Note − Entering payroll-relevant data in the past triggers retroactive accounting.The HR module is comprised of major areas of functionality known as sub-modules.
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