No data entry duplication, once an entry is processed at any functional point can be shared by all across the organization.
Manages internal and external information, embraces each and every functional area, finance/accounting, human resources, material management, production, sales and distribution, customer, vendor relationship etc. Manages connections with business partners.
Accuracy in data processing, no mismtach reporting.
Runs on a variety of hardware and network configuration.
Employs database as repository for information.
Does not need periodical updates, operates in real time.
ERP VARIOUS PACKAGES
SAP, Oracle, Financials, Peoples soft, BAAN, J. D. Edwards etc.
SAP System Appllication and Products in data Processing
R/1 Real time data processing Release 1 - 1972
R/2 Real time data processing added with various countries and currencies -
Relase 2 - 1980
R/3 Relased in 1990 - Real time data processing 3 tiers architectural designed
1. Appliction Server, 2, Data based server and 3. Presentation
R/3 1 release 1992
R/3 2.0, 2.1 release 1993
R/3 3.0, 3.1 release 1995
R/3 4.0B June 1998
R/3 4.5B, 4.6A and 4.6B release 1999 mySAP.com web based
R/3 4.6C 2001
R/3 4.70 Enterprise release 2003,
R/3 5.0
R/3 6.0
Net weaver 2004 - Integrate information, people and process
SAP FI stands for financials
SAP CO stands for Controlling
General areas covered in FI and CO are General Ledger, Accounts Payable, Accounts Receivables, and Asset Accounting. The areas that generally fall under the controlling area are,CA Cost element accounting, CCA Cost Center Accounting, IO Internal Orders, PCA Profit center accounting, PC Product Costing and PA Profitability Analysis.
A SAP FICO Consultant's role play can be a:
- Project Manager
- Senoir Consultant
- Junior Consultant (A project of 3 to 6 member)
- Support Consultant ( I.e., IBM, Accenture)
- A Core Team Member
- An End user
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