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.

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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.

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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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LSMW Overview

Legacy System Migration Workbench (LSMW) is a graphical tool provided by SAP R/3 for migrating data from a Legacy System into SAP. This tool is available through an SAP standard transaction code ‘LSMW’.

-The actual data upload takes place from a specific transaction depending upon the requirement such as MM01 (Create Material Master).
-The data to be uploaded is entered in a Flat File (such as a text file). This text file is uploaded into a Batch Input Structure through the interface of LSMW.
-After populating the data into the Batch Input ructure, the LSMW transaction generates a Batch Input Session with a name. The session is then executed through transaction SM35 (Batch Input: Session Overview).

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