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SAP Cost Center Accounting (CCA) SAP Convergent Charging (CC) SAP Converged Cloud; SAP Data Warehouse Cloud (DWC) SAP Design Studio; SAP PRD2(P2) SAP Enterprise Buyer Professional (EBP) SAP Enterprise Learning; SAP Portal (EP) SAP Exchange Infrastructure (XI) (From release 7.0 onwards, SAP XI has been renamed as SAP Process Integration (SAP PI ...
A cost centre is a department within a business to which costs can be allocated. The term includes departments which do not produce directly but they incur costs to the business, [1] when the manager and employees of the cost centre are not accountable for the profitability and investment decisions of the business but they are responsible for some of its costs.
SAP R/3 is the former name of the enterprise resource planning software produced by the German corporation SAP AG (now SAP SE). It is an enterprise-wide information system designed to coordinate all the resources, information, and activities needed to complete business processes such as order fulfillment , billing , human resource management ...
A chart of accounts (COA) is a list of financial accounts and reference numbers, grouped into categories, such as assets, liabilities, equity, revenue and expenses, and used for recording transactions in the organization's general ledger.
Cost allocation is a process of providing relief to shared service organization's cost centers that provide a product or service. In turn, the associated expense is assigned to internal clients' cost centers that consume the products and services. For example, the CIO may provide all IT services within the company and assign the costs back to ...
Customization is always optional, whereas the software must always be configured before use (e.g., setting up cost/profit center structures, organizational trees, purchase approval rules, etc.). The software is designed to handle various configurations and behaves predictably in any allowed configuration.
SAP ERP 6.0 is the latest version has since been updated through SAP enhancement packs, the most recent being enhancement package 8 for SAP ERP 6.0 in 2016. [ 26 ] Since 2012 SAP has acquired several companies that sell cloud-based products , with several multi-billion-dollar acquisitions seen by analysts as an attempt to challenge competitor ...
A configuration management database (CMDB) is an ITIL term for a database used by an organization to store information about hardware and software assets (commonly referred to as configuration items).