Difference Between ERP, BI and EPM

Technology for Enterprise Resource Planning (ERP), Business Intelligence (BI), and Enterprise Performance Management (EPM) supports performance / process improvement initiatives to help organizations run more effectively.

This set of IT systems, applications, and tools allows organizations to improve planning and execution of initiatives by automating business processes, reconciling information about the state of its business, reporting results, and providing capabilities to forecast future scenarios; all within state-of-the-art integrated data models. For example, an organization might use SAP ERP to automate and manage its procure-to-pay processes as well as manage and reconcile its general ledger – reducing manual labor burdens and errors associated with performing transactions. Read more

Naming Conventions for Reports

Customer report names follow the convention Yaxxxxxx or Zaxxxxxx, where:

  • The first character must be a Y or Z.
  • The second character represents the application area.
  • The maximum program length is 10.

The second character is the short form for the application area. For example, a customer report for Treasury would follow the convention Z5xxxxxx, while a logistics report would be named Z21xxxxx. Read more

An Overview to Basis Tools

The SAP WebAS/Basis system provides for the integration of software and technology through the use of the communications protocols or tools outlined as follows

  • Remote Function Calls (RFCs)

  • Common Program Interface Communications (CPI-C)

  • Electronic Data Interchange (EDI)

  • Object Linking and Embedding (OLE)

  • Application Link Enabling (ALE)

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Posting Documents to Previous Year, What to Happen?

First of all, to post a document relating to a previous year, say 2006 when you are in 2007, the relevant posting period should be ‘open’ in the system. When such a posting is done, the system makes some adjustments in the background:

One: the carry-forward balances of the current year, already done, are updated in case the posting affects balance sheet items.

Two: if the posting is going to affect the Profit & Loss accounts, then the system adjusts the carried forward profit or loss balances to the Retained Earnings account(s)

What is an SAP RFC?

A ‘Remote Function Call (RFC)’ is a call to a ‘function module’ running in a system different from the ‘calling-system.’ The remote function can also be called from within the same system (as a ‘remote call’), but usually the ‘calling-system’ and the ‘called-system’ will be in different systems.An RFC helps to take care of the following communication:

  • Communications between two independent SAP systems.
  • Client-server communications between an external Client and an SAP system acting as the server.
  • Client-server communications between an SAP System acting as the Client and an external server.

What Controlling Is Not?

In order to better understand what Controlling module is, have a look at what it is not;

CO is not just costs.Many people mistakenly think that CO stands for cost management. While the controlling module does support cost management, it certainly is not limited to cost management. Much of the profitability reporting resides in the CO module.

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Time Saving Transaction Codes

System transaction codes can be entered in the command field to go directly to a transaction or a function. The following conventions are important time-saving tips for using transaction codes

/n – cancels the current transaction

/nxxxx – initiates the specified transaction directly from an another transaction

/o – displays an overview of sessions

/oxxxx – initiates the specified transaction in a new session

/nend – ends the logon session with a confirmation pop-up window

/nex – ends the logon session without a confirmation pop-up window

/i – deletes the current session