Flashcards About Mid term Study guide
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The Lifecycle Data Management (design)
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process supports the design and development of products from the initial product idea stage through the discontinuation of the product.
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The Enterprise Asset Management (EAM)
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process is used to maintain internal assets such as machinery and to delivery after-sales customer services such as repairs.
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The Fulfillment process (SD)
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consists of all the steps involved in selling and delivering the products to the organization's customers
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The Functional Structure of a Modern Organization
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Purchasing Operations Warehouse Research and Development Finance and Accounting Sales and Marketing Human Resources Information Systems
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Steps within a Generic Business Process
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Triggers Steps within the necessary Functional Areas Outcomes
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Processes that are Responsible for an Organization's Finances
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Financial Accounting Management Accounting or Controlling processes
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Two Support Processes (People and Projects)
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Human Capital Management (HCM) - People Project Management or Project Systems (PS) - Projects
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Components Involved in the Procurement Process
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Warehouse Purchasing Operations Accounting
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Components Involved in the Production Process
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Warehouse Production Operations Accounting
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Activities within the Production Process
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Request Production Authorize Production Issue Raw Materials Create Product Receive Finished Goods
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Chapter 2:
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Intro to Enterprise Systems
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The architecture of an enterprise system
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refers to the technical structure of the software, how users interact with the software, and how the software is physically managed on computer hardware.
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Presentation layer
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the browser, when you access the Internet
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Service-oriented architecture (SOA)
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is the fundamental concept behind systems connecting through standardized interfaces called Web services
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SOA relates to the technical capabilities that allow systems to connect with one another through standardized interfaces called
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Web services
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An Enterprise System
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is used to integrate several client-server applications and create enterprise mash-ups, or composite applications
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Customer Relationship Management (CRM)
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connects a company's ERP system to those of its customers.
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SAP NetWeaver
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is the SAP "operating system" for an entire company's business processes.
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Client
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the highest organizational level in SAP ERP
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Organizational Data
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is used to represent the structure of an enterprise
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Basic Org. Structure
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Client -> Company Code -> Plant -> Storage Location
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Client -> Company Code Relationship =
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One-to-Many (1:N)
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Company Code -> Plant Relationship =
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One-to-Many (1:N)
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Plant -> Storage Location Relationship =
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One-to-Many (1:N)
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Chapter 3:
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Intro to Accounting (FICO)
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Financial Accounting (FI)
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is concerned with recording the financial impacts of business processes as they are executed.
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The Key Processes in Financial Accounting
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General Ledger Accounting Accounts Receivable Accounting Accounts Payable Accounting Asset Accounting Bank Ledger Accounting
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Business Areas
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are internal divisions of an enterprise that are used to define areas of responsibility or to meet the external reporting requirements of an enterprise segment.
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Chart of Accounts
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is an ordered listing of accounts that comprise a company's general ledger.
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Assets
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represents what a company owns, such as cash, inventory of materials, and buildings.
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Liabilities
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represents what a company owes to others, including money owed to vendors and loans from financial institutions.
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Chart of Accounts Data:
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Defines G/L Account
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Account Type (2 Types)
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Balance Sheet Account Profit & Loss Account
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Company Code Data:
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How G/L Account is used -Currency Field Status Groups Line Item Display Reconciliation Account Data Sort Information
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Reconciliation Account
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is a general ledger account that consolidates data from a group of related sub-ledger accounts
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A Financial Accounting (FI) Document
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records the impact of a transaction step on financial accounting.
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A Parallel Accounting Document
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is used to implement multiple ledgers and use each ledger for different purposes.
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Chapter 4:
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The Procurement Process (MM)
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Organizational Data relevant to Procurement
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Client Company Code Plant Storage Location Purchasing Organization Purchasing Group
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A Storage Location
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is the place within a plant where materials are kept until they are needed.
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Client and Company Code
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control the entry of accounting data in the vendor master
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Tasks of a Purchasing Organization
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Negotiating contracts and agreements Negotiating pricing with Vendors Evaluating and identifying Vendors
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Models of a Purchasing Organization:
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Enterprise Level One purchasing organization is responsible for all company codes in the enterprise. Company Level (Cross-plant) Only one purchasing organization for all plants within a Company Code. Plant-Specific Each plant has its own purchasing organization.
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Responsibilities of a Purchasing Group
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Creating Purchase Requisitions Requesting Quotations from Vendors Creating and Monitoring Purchase Orders Planning for Material Requirements
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Types of Data in a Vendor Master Record
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General Data - Client Level Name Address Communication Search Term Accounting Data - Company Code Level Reconciliation Account Purchasing Data - Purchasing Org. Level Purchasing Group Payment Terms and Methods
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Purchasing Info Record
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is an intersection or combination of material data and vendor data.
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Chapter 5:
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Fulfillment Process (SD)
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Organizational Elements essential to the Fulfillment (SD) process
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include Client, Company Code, Sales Area (Sales Organization, Distribution Channel, Division), Plant, Shipping Point, and Storage Location.
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A Company Code is divided into several
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Sales Organizations, each of which is responsible for the sale and distribution of goods and services for a particular geographical area.
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A Sales Organization
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is responsible for negotiating terms and conditions of sales for a particular market.
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A Sales Area
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is combination of Sales Organization, Distribution Channel, and Division.
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In the fulfillment process
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a plant is a facility from which the company delivers products and services to its customers.
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Examples of a Shipping Point
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A Rail Depot A Loading Dock A Mail Room A Designated Group of Employees
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Material Master Views relevant to Fulfillment (SD)
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Material Master Views relevant to Fulfillment (SD)
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Three Types of Data in a Customer Master Record:
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General Data - Client Level Accounting Data - Company Code Level Sales Area Data - Sales Area Level
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Pricing Conditions
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Master Data that companies use to determine the prices of their products.
