Till date SAP adopted 3 methodologies, upgrading from each framework to structure, plan and control the process of developing ERP systems. ASAP RDS ACTIVATE
• Used until 2014 • 2010- Rapid • Launched in 2014
• Time consuming Deployment Solution • Agile Approach • Waterfall Approach • Low cost • 6 phases • 5 phases • Pre-configured application • Define the project goals and objectives, the scope of PROJECT PREPERATION implementation, the project schedule and the project organization and resources.
• The blueprint contains the business processes and
BUSINESS BLUEPRINT organizational structure that will be represented in the SAP system.
• Configure the requirements into the system based on the
REALIZATION blueprint. And perform integration test and create the end user documentation.
• Involves testing, end user training and cut-over activities
FINAL PREPERATION before Go Live.
•Move from pre-production environment to live system.
GOLIVE •End users start using the system. Compiling with SAP BEST PRACTICES would indicate that a methodology is adopted and followed in a project configuration and implementation. It is a component of the SAP ACTIVATE METHODOLOGY. It is available on the SAP BEST PRACTICES EXPLORER and provides pre-configured content for core business processes with a role-specific, responsive, and simple user experience and contains standardized configuration and user manuals, documentation, process flowcharts, forms. SAP Finance and Controlling (FICO) is a core module in SAP ERP where FI stands for Financial Accounting and CO stands for Controlling. SAP FICO module is very robust and covers all financial processes followed in diverse industries. SAP FICO system enables you to centrally track financial accounting data within an international framework of multiple companies, languages, currencies, and charts of accounts. SAP FI/CO module is the back bone of SAP accounting as it records financial transactions of movements of goods, services and all other business transactions between the company and its customers & vendors. SAP FICO can be easily integrated with other SAP modules mainly MM, SD, PS, PP, HCM, Payroll, SuccessFactors, etc. SAP FICO module mainly deals with essential elements such as fixed assets, accrual, bank, cash journal, inventory, tax accounting, general ledger, accounts receivable, accounts payable, fast close functions, financial statements, parallel valuations, master data governance, Integration with other modules involve transactions that take place in other modules in the SAP system trigger postings to the FI module. The idea behind assigning other modules to the FI module is to allow the system to automatically post financial transactions from other modules to FI.