FI Financial Accounting Designed for automated management and external reporting of general ledger, accounts receivable, accounts payable and other sub-ledger accounts with a user defined chart of accounts. As entries are made relating to sales production and payments journal entries are automatically posted. This connection means that the "books" are designed to reflect the real situation. The FI module has 9 sub modules: FI-GL General Ledger Accounting FI-LC Consolidation FI-AP Accounts Payable FI-AR Accounts Receivable FI-BL Bank Accounting FI-AA Asset Accounting FI-SL Special Purpose Ledger FI-FM Funds Management FI-CA Contract Accounting CO Controlling Represents the company's flow of cost and revenue. It is a management instrument for organizational decisions. It too is automatically updated as events occur. The CO module has following sub modules: CO-OM Overhead Costing (Cost Centers, Activity Based Costing, Internal Order Costing) CO-PA Profitability Analysis CO-PC Product Cost Controlling AM Asset Management Designed to manage and supervise individual aspects of fixed assets including purchase and sale of assets, depreciation and investment management. PS Project System Designed to support the planning, control and monitoring of long-term, highly complex projects with defined goals. FS Insurance An integral part of mySAP ERP, SAP for Insurance enables insurance companies to handle customer and market requirements and simultaneously control profitability and economic viability. In Release 6.00, SAP for Insurance includes the following components: FS-CD Collections and disbursements FS-CM Claims management FS-CS Commissions management FS-PM Policy management FS-RI Reinsurance management FS-PE Payment Engine (Banking Payments Solution still in development) IS Industry Solutions Combines the SAP application modules and additional industry-specific functionality. Special techniques have been developed for industries such as banking, oil and gas, pharmaceuticals, etc. As of Feb 2006, following Industry Specific Solutions are supported by SAP: IS-A Automotive IS-ADEC Aerospace and Defense IS-AFS Apparel and Footwear IS-B Banking IS-BEV Beverage IS-CWM Catch Weight Management (Variable Weight Items such as Meats and Cheeses) IS-DFS Defense and Security IS-H Hospital IS-HER Higher Education IS-HSS Hospitality Management IS-HT High tech IS-M Media IS-MIN Mining IS-MP Milling (or IS-MILL) IS-OIL Oil IS-PS Public Sector IS-R Retail IS-REA Recycling Admin IS-SP Service Provider IS-T Telecommunications IS-U Utilities IS-U Supplier Switch Utilities IS-U EDM Utilities IS-U EDM Billing Utilities IS-U Agregated Billing Utilities IS-U /BW Utilities HR Human Resources Complete integrated system for supporting the planning and control of personnel activities and HR module is sometimes equivalently referred to as HCM (Human Capital Management). HR-OM Organizational Management HR-PA Personnel Administration HR-PB Recruitment HR-PD Personnel Development HR-PT Time Management HR-PY Payroll Management HR-TEM Training and Event Management HCM Human Capital Management LE Logistics Execution PLM Product Lifecycle Management PM Plant Maintenance Equipment servicing and rebuilding. These tasks affect the production plans. MM Materials Management Supports the procurement and inventory functions occurring in day-to-day business operations such as purchasing, inventory management, reorder point processing, etc. QM Quality Management A quality control and information system supporting quality planning, inspection, and control for manufacturing and procurement. PP Production Planning Used to plan and control the manufacturing activities of a company. This module includes; bills of material, routings, work centers, sales and operations planning, master production scheduling, material requirements planning, shop floor control, production orders, product costing, etc. PP-PI Production Planning Process Industries.With the component PP-PI (Production Planning for Process Industries), SAP provides an integrated planning tool for batch-oriented process manufacturing. It has been developed in cooperation with IDS Prof. Scheer GmbH, Saarbrücken. It is primarily designed for the chemical, pharmaceutical, food and beverage industries as well as the batch-oriented electronics industry. PP-PI supports: The integrated planning of production, waste disposal, and transport activities within a plant The integration of plants within the company: Vertically by means of an information flow, ranging from central business applications down to process control Horizontally by the coordination of planning between production plants, recycling and waste disposal facilities, and production laboratories. SD Sales and Distribution Helps to optimize all the tasks and activities carried out in sales, delivery and billing. Key elements are: presales support, inquiry processing, quotation processing, sales order processing, delivery processing, billing and sales information system. SCM Supply Chain Management SRM Supplier Relationship Management BW Business Information Warehouse SEM Strategic Enterprise Management WM Warehouse Management Subdivides the Storage Location used in the MM sub-module Inventory Management that already defines inventory values by high-level location, into Storage Types, Storage Sections and then into Storage Bins. WM allows control of stocks to a physical level down to a warehouse bin or, if batch-managed, to the batch level within a bin. Placement and removal strategies can be configured, and physical inventory and cycle counting can be done at this finite level. HUM Handling Unit Management Used as a unique ID for each pallet of stock held in the warehouse. AF&R Advanced Forecasting & Replenishment Mostly referred to as Forecasting & Replenishment