Solutions

SAP FICO (Financial Accounting and Controlling)

SAP FI (Financial Accounting) Core Processes:

General Ledger Accounting: Manages all financial transactions and provides a real-time view of the company’s financial status.
Accounts Payable: Manages outgoing payments and vendor transactions, ensuring timely payments and accurate record-keeping.
Accounts Receivable: Handles incoming payments, customer transactions, and collections management.
Asset Accounting: Tracks and manages fixed assets, including depreciation and asset lifecycle management.
Bank Accounting: Manages all financial transactions with banks, including bank reconciliations.
Financial Closing: Ensures smooth month-end, quarter-end, and year-end financial reporting with automated processes.

SAP CO (Controlling) Core Processes:

Reporting and Analysis: Provides real-time insights into costs, revenues, and profitability.
Overhead Cost Controlling: Manages indirect costs and allocates them across cost centers, projects, or processes.
Cost Object Controlling: Tracks costs related to specific cost objects like production or sales orders.
Profitability Analysis (CO-PA): Analyzes profitability by products, customers, or regions.
Product Costing (CO-PC): Calculates the cost of manufacturing products, including materials, labor, and overhead.
Activity-Based Costing (ABC): Allocates overhead costs to products or services based on actual resource consumption.
Profit Center Accounting (PCA): Tracks and evaluates the profitability of different business units (profit centers).
Internal Orders: Monitors and tracks costs for specific, temporary projects or activities.

Cost Center Accounting (CCA): Monitors and controls costs incurred by specific departments or cost centers.
Cost Element Accounting: Categorizes costs based on their nature (primary or secondary).

SAP RE-FX (Flexible Real Estate Management)

Core Processes:

Contract Management: Manages leases and other real estate contracts for both lease-in (lessee) and lease-out (lessor) agreements.
Lease Accounting: Automates rent calculations, lease adjustments, and ensures compliance with IFRS 16 and ASC 842 accounting standards.
Property Management: Tracks physical properties and units, enabling effective maintenance, occupancy management, and space utilization.
Service Charge Settlement: Allocates and settles shared service charges (e.g., utilities, maintenance) for properties occupied by multiple tenants.
Real Estate Financial Reporting: Generates detailed financial reports for real estate assets, helping businesses track revenue, costs, and asset performance.

SAP Authorization

Core Processes:

Role Management: Defines and manages roles within the SAP system to control user access based on their job functions and responsibilities.
User Access Control: Assigns roles and permissions to users, ensuring that individuals have the correct access to perform their duties without compromising security.
Segregation of Duties (SoD): Ensures that key business processes, such as approving payments and processing transactions, are performed by separate users to prevent fraud.
Audit and Compliance Reporting: Monitors and reports on user activities to ensure compliance with security policies and regulatory requirements.
Authorization Concept Design: Establishes a robust framework for assigning and managing access across different modules and business processes.

SAP Records and Case Management

Core Processes:

Document Management: Stores, manages, and retrieves electronic documents within the SAP system, ensuring compliance and ease of access.
Case Management: Manages complex cases, including legal, HR, or customer service cases, by bundling related documents, tasks, and workflows.
Records Lifecycle Management: Tracks the lifecycle of records from creation through archiving and destruction, ensuring regulatory compliance.
Workflow Automation: Automates workflows related to document approvals, case reviews, and notifications, streamlining the management of records and cases.

Reporting and Analytics: Generates reports to monitor case progress, identify bottlenecks, and ensure compliance with internal and external requirements.

SAP PS (Project System)

Core Processes:

Project Planning: Allows for detailed planning of project activities, resources, and timelines, ensuring efficient project execution.
Cost and Budget Management: Tracks project costs against budgets, helping manage finances and avoid cost overruns.
Work Breakdown Structure (WBS): Organizes projects into hierarchical tasks or deliverables, improving project control and monitoring.
Resource Allocation: Manages and allocates resources to project tasks based on availability and project needs.

Project Reporting: Provides real-time reporting on project progress, costs, and performance, enabling better decision-making.

SAP Logistics Modules

SAP MM (Materials Management)

Core Processes:

Procurement: Manages the procurement cycle from purchase requisitions to purchase orders and vendor management.
Inventory Management: Tracks stock levels, movements, and valuations for raw materials, finished goods, and other inventory items.
Invoice Verification: Ensures that invoices from suppliers match the goods received and purchase orders, preventing discrepancies.
Material Master Data Management: Centralized management of material data, ensuring consistency across procurement, production, and sales.

SAP PM (Plant Maintenance)

Core Processes:

Preventive Maintenance Planning: Automates the scheduling of maintenance activities to prevent equipment failures and downtime.
Work Order Management: Manages the creation, assignment, and tracking of maintenance work orders.
Equipment Lifecycle Management: Tracks equipment history, maintenance records, and performance over its lifecycle.
Maintenance Budgeting and Cost Tracking: Monitors maintenance costs and ensures they align with budgets.

SAP QM (Quality Management)

Core Processes:

Inspection Planning: Defines inspection plans for materials, goods, and processes to ensure quality standards are met.
Quality Control: Manages in-process and final inspections, ensuring products meet defined quality standards before moving to the next stage.
Non-Conformance Management: Manages quality issues, corrective actions, and tracking of non-conforming products.
Quality Reporting: Provides detailed reports on inspection results, quality trends, and areas for improvement.

SAP SD (Sales and Distribution)

Core Processes:

Order-to-Cash Cycle: Manages the entire sales process from order creation, delivery, billing, and payment collection.
Pricing and Discounts: Automates the management of pricing, discounts, and promotions based on customer agreements.
Shipping and Logistics: Manages delivery scheduling, shipment tracking, and freight calculations to ensure timely delivery of goods.
Billing and Invoicing: Generates invoices based on sales orders, deliveries, and pricing agreements, ensuring accurate billing to customers.

Page updated

Google Sites

Report abuse