The Financial Accounting (SAP FI) module in SAP is designed to capture organizations business transactions in a manner that will satisfy external reporting requirements. Local legal considerations are pre-delivered with the system and the ability to manage and report on multiple companies in multiple countries with multiple currencies is part of standard functionality. Integration with Sales and Distribution, Purchasing and Materials Management allows for the ability to select any financial transaction and "Drill Down" to the originating transaction whether it is a purchase Order, Sales Order or material movement.
The Financial Supply Chain Management module (SAP FSCM) includes the following information and processes:
FSCM provides the ability to have a better view of your corporate cash flow, manage disputes with your customers, and add efficiency to your billing processes.
The purpose of the Controlling (CO) module in SAP is to provide organizations with a method of slicing and dicing data to view costs from an internal management perspective and provide a view of profitability beyond that of basic financial reporting. This allows the organization to create information in a manner that is tailored to their specific business measurements needs. Controlling allows an organization to:
The Materials Management module (SAP MM) consists of all master data, system configuration, and transactions to complete the Procure to Pay process. This process map spans from MRP generated procurement proposals through final invoice receipt and verification.
The Sales and Distribution (SAP SD) consists of all master data, system configuration, and transactions to complete the Order to Cash process. It includes the following information and processes:
Logistics Execution covers the areas of Warehouse Management and Inbound Receiving and Outbound Shipping processing. Warehouse Management provides an additional level of stock location detail than SAP Inventory Management. Inventory Management only maintains stock quantities at the Storage Location level, which is typically an area of your warehouse or a building on your company's campus. Warehouse Management manages stock down to the bin level, or to the physical coordinates within your warehouse. Warehouse Management also provides Picking and Putaway Strategy functionality.
Production Planning consists of all master data, system configuration, and transactions to complete the Plan to Produce process. It includes the following information and processes:
SAP Quality Management (QM) assures that products meet stringent regulatory standards, are safe and uniform, and meet company product specifications. SAP QM processes are thoroughly integrated into the manufacturing process.
Plant Maintenance operates the overall maintenance business processes and functions. The Plant Maintenance module allows a maintenance organization to:
Project System provides tools to track project milestone, costs and resources. SAP's Project System module contains tight integration to the Controlling, Human Resources, and Logistics modules. It utilizes personnel records from HR, rolls costs into Controlling and links to materials or customers in the Logistics modules.
The Human Resources module (SAP HR) consists of all master data, system configuration, and transactions to complete the Hire to Retire (or, as some say, Fire) process. It includes the following information and processes: