Answer Posted / Reenu Saini
SAP ERP (Enterprise Resource Planning) is a comprehensive business management software suite designed to integrate and optimize various enterprise functions. The key modules of SAP ERP include:
1. **Financial Accounting**: Management of financial transactions, including general ledger, accounts receivable, and accounts payable.
2. **Controlling**: Planning, budgeting, and performance management module that provides tools for cost center accounting, profit center accounting, and internal orders.
3. **Sales & Distribution**: Module responsible for managing customer relations, sales orders, delivery, and billing processes.
4. **Materials Management (MM)**: Module covering procurement, inventory, and warehouse management activities.
5. **Production Planning (PP)**: Module designed to plan production schedules, manage production orders, and control manufacturing processes.
6. **Quality Management (QM)**: Quality assurance and quality control module that enables companies to define and enforce quality standards for products and processes.
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