SAP Flashcards
1
Q
SAP ERP FI, consists of
A
Genral ledger, Accounts Payable, and AC receivable
2
Q
SAP ERP CO, consists of
A
Profit center, cost center
3
Q
Functions modules
A
for business transctins, such as SAP FICO, SAP MM, etc
4
Q
4 sub modules of SAP FI
A
- account payable
- Ac receivable
- Assets accounting (fixed assets)
- Bank management.
5
Q
SAP ERP CO: functions
A
- Used to plan and monitor costs across a firm
- Shows where money is being spend.
- is used to increase profitability.
6
Q
SAP ERP CO: sub modules
A
- Profit center Accounting
- Cost center accounting
- Internal orders
- Production costing
- profitability analysis
7
Q
- Profit center Accounting
A
Evaluate profitability of an independent area in a firm
8
Q
Cost center accounting
A
Deal with expenses of firms internal departments. not revenue
9
Q
Internal orders
A
used to manager costs for a small projects or one off expenses . it can collect costs and revenue
10
Q
Internal orders
A
used to manager costs for a small project or one off expenses.
11
Q
- Production costing
A
Costs required to produce goods and services.
12
Q
profitability analysis
A
- Measure prodzcts profitability,
- ability to determine profitability by
- region or country
- distribution channel
13
Q
profitability analysis
A
- Measure products profitability,
- ability to determine profitability by
- region or country
- distribution channel
14
Q
Universal journal
A
financial accounting and managerial accounting together
