What is SAP?

SAP AG is a German based Software company providing enterprise solutions to clients. The company was formed by five former IBM Engineers, Hopp, Wellenreuther, Hector, Tschira and Plattner. SAP ERP is one of the products developed by them under the enterprise solutions category. The first version of the SAP ERP, SAP R/1 was developed in year 1972 where, throughout the years, the company has developed improved & better versions of the product. The SAP ERP solution has been developed covering the end to end business scenarios of corporates where, the functionality is grouped into various modules. The most commonly used modules in SAP ECC 6 are as follows. Finance & Accounting Modules of SAP ERP SAP FI (Financial Accounting) FI-GL General Ledger FI-AP Accounts Payable FI-AR Accounts Receivable FI-AA Asset Accounting FI-BL Bank Ledger FI-SL Special Purpose Ledger FI-TV Travel Management SAP CO (Controlling) CO-OM Overhead Cost CO-PC Product Cost CO...