What is SAP?

SAP is the market and technology leader in business management software, providing comprehensive business software.

 

See this link below :

https://www.sap.com/index.epx

SAP means Systemanalyse und Programmentwicklung. This is german for System analysis and program development.
The name was later changed into Systeme, Anwendungen und Produkte in der Datenverarbeitung: Systems, application and products in the data processing.

The company is specialized in large application supporting large corporations.

 

https://www1.sap.com/index.epx

SAP is well known for its ERP solution R/3. The modularity of the product allows a certain fexibility in the implementation and use.

SAP is name of the Company which offers many ERP softwares. SAP R/3, SAP business suite are some of them.  As Ramesh said "SAP is well known for its ERP solution R/3" that's why many people consider its ERP product SAP R/3 only SAP. 

If you are gathering this iformation to have some plan in SAP, I moght be have good news for you. JKT SAP Academy offers golden opportunity to the employees of IBM/Linde /PWC. Enroll for ILT Batch and get an ipad free and for registering for OLT Batch get a blackberry curve 8310 free of cost.

SAP means in our CA language - Statutory Audit Procedures which applies to audit and what is the procedures applied in our day to day auditing.

Hi Dhaval 

SAP is one of the many ERP packages available which integrates various financial & non-financial data and information to provide various reports which helps in meeting the financial reporting, plannning, control and decision making needs. 

The few 'FUNCTIONAL' modules under SAP are : -

1) FI (Financial Module)

2) MM (Material Management)

3) SD (Sales & Distribution)

4) HRM (Human Resources)

5) PP (Production Planning)

6) PM (Plant Management)

7) CRM (Customer Relationship Management)

8) CO (Controlling module)

9) BI ( Business Intelligence)

10) QM (Quality Management)

Also, it offers interface capability with other programs. Like all ERP, SAP helps you to improve opertional efficiency by providing better planning and controlling tools. Ease of working on it and its compatibility with MS Office has made SAP quite popular in recent times.

For more, please google out internet and do visit the company's website as it will help you to see the macro level picture of what SAP is and what it can offer.

Happy learning :)

Regards

CMA Hemant

• The name SAP is acronym for Systems, Applications and Products in Data Processing.  SAP is an extremely complicated system where no one individual can understand all of it.

• SAP runs on a fourth generation programming language language called Advance Business Application Programming (ABAP).  It have many of the features of other modern programming languages such as the familiar C, Visual Basic, and Power Builder.  Your programs name conventions begins with a letter yxxx or zxxx.

• SAP graphical user interfaces (SAPGUI) runs on Windows / NT / Unix / AS400.  When you are using 3.x you can used the SAPGUI 4.x, there are no conflicts as the SAPGUI is basically a front end tools.

• If you create dialog screen, remembers to tick Development Tools (utility programs for the Screen Painter) when you are installing SAPGUI 4.x.

• In SAPGUI 4.x, you can configure whether to use the present 3.x screen design or the New 4.x Visual design (which is very graphical and computer resource hungry).

• Disable the login image to reduce the memory usage. In transaction SM30, table SSM_CUST, create a new entries with Name HIDE_START_IMAGE and Value to be set YES.

 

• SAP have move towards the Windows Explorer Screen Format (all the Menu on the left of your screen).

• SAP is an enterprise resource planning (ERP) software product capable of integrating multiple business applications, with each application representing a specific business area.  These applications update and process transactions in real time mode.  It has the ability to be configured to meets the needs of the business.

• SAP are categorized into 3 core functional areas:

• Logistics

  • Sales and Distribution (SD)

  • Material Management (MM)

  • Warehouse Management (WM)

  • Production Planning (PP)

  • General Logistics (LO)

  • Quality Management (QM)

• Financial

  • Financial Accounting (FI)

  • Controlling (CO)

  • Enterprise Controlling (EC)

  • Investment Management (IM)

  • Treasury (TR)

• Human Resources

  • Personnel Administration (PA)

  • Personnel Development (PD)

 

 

https://www.ultimatesap.com/

What Does SAP Stand for and What is SAP ERP? In the process of data processing SAP usually stands for Systems Applications and Products for data processing. Basically SAP is divided into various modules which include Financial Accounting (FI), Controlling (CO), Production Planning (PP), Materials Management (MM), Sales and Distribution (SD), etc. The major function of SAP is not related with programming but it can be configured through its own programming language which is known as ABAP. SAP is the best and largest ERP software in the world. ERP (Enterprise resource planning) is a system of enterprise-wide information which is designed in such a way to coordinate all the information, resources and activities that is required to complete the processes of business like billing or fulfillment of order etc.

SAP Means "Systems Applications and Products in Data Processing". A company that develops software which allows businesses to track customer and business interactions. SAP is well-known for its Enterprise Resource Management (ERM) and data management programs. SAP software was develop by 5 Germans software consultant in 1972. Near about 40 years till date, no other Accounting software reliable for  its reports compare to SAP. SAP Rating is the No.1 Account Software in the World  & 5th in all Software Rating list

What SAP is benefited for CA students ?????????

Yes, SAP is very useful for CA Student because there are many corporate groups using SAP Software. The reports generated by SAP is reliable at the time of Audit. There is no chance of error in its report. When you prepare Form No.501 for VAt Refund & Form No.704 for VAT Audit, you require the details. It is very easy to get details from SAP for that.

In Layman's language....

SAP is essentially a software... a complete package which can help a company maintain not only all its financial transactions but also sa said by Mr. Dhaval... all these below mentioned things...

 

1) FI (Financial Module)

2) MM (Material Management)

3) SD (Sales & Distribution)

4) HRM (Human Resources)

5) PP (Production Planning)

6) PM (Plant Management)

7) CRM (Customer Relationship Management)

8) CO (Controlling module)

9) BI ( Business Intelligence)

10) QM (Quality Management)

You can even customize its areas as per your needs...

SAP is now a days gaining a lot of relevance and its use is being widened day by day...

(P.S. This was in completely layman's language to give just a general idea to even someone who doesnt know anything about it... else it has already been very well explained by others prior to this reply...)