SAP CO plays an important role for the management decision-making purpose and for the internal reporting purpose. The ‘FI (Financial Accounting)’ records, collects, and processes financial transactions or information on a real-time basis to provide the necessary inputs for external (statutory) reporting purposes. SAP FICO is the imp module of ERP and both Finance and Controlling modules stores the financial transactions data. SAP FICO Stands for FI (Financial Accounting) and CO (Controlling). ABAP – Advanced business applications programming.The latest version of Hana is SAP S/4Hana 2020, SAP Hana (High-Performance Analytic Application) is a memory computing database. SAP S/4Hana – In the year 2010, a new version of SAP Hana has been released.
Server one – Presentation, Server Two – Application, server Three – Database
SAP R/3 is the client/server version of the software and it is 3 tier architecture in which three layers of Presentation, Application, and database are installed in three servers/systems. (Server one – Presentation, Server two – Application + Database
R/2 is 2 tier architecture in which three layers of Presentation, Application, and Database are installed in two separate servers. SAP R/2 to handle different languages and currencies. with IBM’s database and a dialogue-oriented business application. SAP R/2:– In 1979 second version of SAP R/2 was released. (one – Presentation + Application + Database) it is one tier architecture in which three layers Presentation, Application, and Database are installed in one system/server SAP R/1:– The first version of SAP software was launched in and around 1972 known as the “R/1 system. SAP Founded in and around 1972 by five IBM engineers Hopp, Wellenreuther, Hector, Tschira and Plattner.