SAP Overview and Applications

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

Which transaction is logically related to the action 'SELL' in SAP?

SD (correct)

none of the above

Which of the following industries is unable to utilize SAP systems?

Manufacturing

Banking

Wholesale/Retail

none of the above (correct)

What is the Client ID # in the given context?

125

255

159 (correct)

None of the above

Which acronym correctly defines SAP?

Systems, Applications, and Products in Data Processing Signup and view all the answers

Which of the following is associated with the logical transaction of 'BUY' in SAP?

MM Signup and view all the answers

Which SAP version release is considered invalid?

all of the above is a valid version release Signup and view all the answers

In which year was SAP founded?

1972 Signup and view all the answers

Which component is NOT part of the SAP Tier Structure?

none of the above Signup and view all the answers

What is considered a customer's request for product information?

Inquiry Signup and view all the answers

How many failed login attempts are allowed before an account is locked?

3 Signup and view all the answers

What is the SAP module responsible for managing human resources?

Human Capital Management Signup and view all the answers

Which document provides all the information needed to conduct business with an external supplier?

Vendor master data Signup and view all the answers

What is the purpose of the delivery scheduling activity in SAP?

To commit availability to promise delivery timelines Signup and view all the answers

What does the term 'Audit trails' refer to in the context of financial transactions?

To trace individual transactions to affected account balances Signup and view all the answers

What is the function of a Credit Control Area in SAP?

To grant and monitor customer credit limits Signup and view all the answers

Which account code is used for the 'Main' Bank Account of GBI?

100000 Signup and view all the answers

Which of the following structures represents the legal and organizational views of an enterprise in the Financial Accounting module?

FI Organizational Structure Signup and view all the answers

In the context of SAP, what is the purpose of a Production Order (execution)?

To create a request order for future material needs Signup and view all the answers

What type of allocation refers to a method for allocating both primary and secondary cost elements in SAP?

Assessment Signup and view all the answers

Which of the following is NOT considered a standard report in Financial Accounting?

Journal Report Signup and view all the answers

Study Notes

Sell: SD (Sales and Distribution)
Make: PP (Production Planning)
Buy: MM (Materials Management)

SAP Industry Applicability

Various business industries (manufacturing, banking, wholesale/retail, automotive) can utilize SAP systems.

SAP Client

A client is an independent environment within the SAP system used for processing requests.

Client ID

The provided Client ID is not valid.

SAP Acronym

SAP stands for "Systems, Applications, and Products in Data Processing."

SAP Version Releases

SAP R/2, SAP R/3, and SAP ERP are all valid SAP version releases.

SAP Business Solution Vendors

SAP AG, SAP America, and SAP UK are all business solution vendors.

Customer Master Data

The Customer Master contains all information for processing orders, deliveries, invoices, and customer payments.

3 incorrect login attempts will lock the account.

SAP Tier Structure

The SAP tier structure includes GUI, Application, and Database.

Inquiry

An inquiry is a customer's request for information or a quotation regarding products or services without an obligation to purchase.

Sales Order

The sales order originates from various documents and activities (post-pre-sales).

SAP Solutions for SMEs

SAP All-in-One, SAP Business One, and SAP Business ByDesign are SAP solutions for small and medium-sized enterprises (SMEs).

Material Master

The material master contains information needed to manage materials within the company.

SAP Distribution

SAP America, SAP UK, and SAP AG are involved in the distribution of SAP.

SAP Architecture

The client component in SAP architecture functions as a computer (or multiple computers) networked to request services from a central resource repository (server).

Financial Accounting

Financial Accounting collects transactional data and forms the foundation for standard financial reports.

Auditing Trails

Audit trails allow tracing transactions to account balances.

Controlling Area

A controlling area is a self-contained organizational unit for managing revenues and expenses.

Credit Control Area

A credit control area is an organizational entity regulating customer credit limits.

Statement of Cash Flows

The statement of cash flows analyzes cash inflows and outflows over a period.

Financial Accounting Reports

Account payable, bank account, and statement of accounts are standard Financial Accounting reports.

G/L Account Code 11###5

G/L account code 11###5 is used for reconciliation accounts.

Primary Bank Account

The primary bank account for GBI is 100000.

Primary Cost/Revenue Account

No valid G/L account code was provided for primary cost/revenues.

Allocation Method

Assessment is a type of allocation for both primary and secondary cost elements.

SAP Organizational Structure

CO (Controlling) organizational structures represent legal and/or organizational business views and support decision-making.
FI (Financial Accounting) organizational structures represent legal and/or organizational business views and support business activities according to management strategy.

Production Order (execution)

Production orders (execution) are not requests but are actually the outcome of a planning run to produce materials in the future which, in turn, should create either a production or a purchase order.

Human Capital Management (HCM)

HCM is an SAP module managing human resources for GBI.

Customer Purchase

Motown Bikes purchased a First-Aid-Kit for $2,000.

SAP Keyword Search

An asterisk (*) is used to find keywords within any characters.

Purchasing Group

A purchasing group manages specific purchasing activities.

Customer Material

Customer Material holds data on materials defined for specific customers.

Purchase Order Master Data

Purchase order master data, along with item master data and vendor master data, are contained in the Purchase Order Master.

Delivery Scheduling

Delivery scheduling commits delivery dates and availability to customers.

Shipping & Transportation

Shipping and transportation manage picking, packing, and goods issue processes.

Production Order Creation

Production Order (execution) is the result of a plan, not the planning itself, and it either creates a production order or a purchase order.

GBI Customer Purchases

The Bike Zone purchased DXTR1### and PRTR1###.

G/L Account Codes

GL account 100000 is for Primary Bank.
11###5 is for reconciliation accounts.
No valid GL account was provided for primary cost/revenue.

Studying That Suits You

Use AI to generate personalized quizzes and flashcards to suit your learning preferences.

Description

This quiz covers the fundamentals of SAP, including its logical transactions in sales, production, and materials management. Explore the various industries that utilize SAP systems, understand client structures and master data, and learn about SAP versions and vendors. Test your knowledge of essential SAP concepts and terminologies.