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Chapter 2
                                                                 FI
             30                                                Financial
                                                              Accounting





                                                   QM           PS           PM
                                                  Quality      Project        Plant
                                                Management     System      Maintenance

                                 WF
                                Workflow            PP           SD           MM
                                                Production     Sales &     Materials
                                                 Planning    Distribution  Management


                                                        HR              AM
                                                       Human            Asset
                                                      Resources      Management



                                                                CO
                                                              Controlling

                           Source Line: Course Technology/Cengage Learning.

                           FIGURE 2-5  Modules within the SAP ERP integrated information systems environment
                                  •   The Quality Management (QM) module plans and records quality control
                                      activities, such as product inspections and material certifications.
                                  •   The Plant Maintenance (PM) module manages maintenance resources and
                                      planning for preventive maintenance of plant machinery in order to minimize
                                      equipment breakdowns.
                                  •   The Asset Management (AM) module helps the company manage fixed-asset
                                      purchases (plant and machinery) and related depreciation.
                                  •   The Human Resources (HR) module facilitates employee recruiting, hiring,
                                      and training. This module also includes payroll and benefits.
                                  •   The Project System (PS) module facilitates the planning for and control over
                                      new research and development (R&D), construction, and marketing projects.
                                      This module allows for costs to be collected against a project, and it is frequently
                                      used to manage the implementation of the SAP ERP system. PS manages build-
                                      to-order items, which are low-volume, highly complex products such as ships
                                      and aircrafts.

                               Two financial modules, Financial Accounting (FI) and Controlling (CO), are shown in
                           Figure 2-5 as encompassing the modules described above. That is because nearly every
                           activity in the company has an impact on the financial position of the company:



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