Thursday, May 21, 2020

Critique of Sap System - 983 Words

Critique of SAP system Introduction: SAP ERP is an integrated enterprise resource planning (ERP) software manufactured by SAP AG that targets business software requirements of midsize and large organizations in all industries and sectors. More than 2,300 customers are using the latest version of mySAP ERP. It is a real-time process system which all the users log on the central platform server. There are many sub-functions of SAP including SAP ERP Financials, SAP ERP Human Capital, Management SAP ERP Operations, and SAP ERP Corporate Services. We only focus on the revenue cycle and expenditure cycle of the SAP system which is direct related to the accounting information system. Expenditure cycle: About master records: The expenditure†¦show more content†¦Special procedures usually apply for requisition plant and equipment or for entering into lease contracts. About purchase order: In SAP, purchase orders can be created with or without reference to a purchase requisition or a RFQ. That increase the risk of purchases made for unauthorized purposes. We can reset the system that except for programmed inventory replenishment, the purchase department issue purchase orders only on the receipt of requisitions properly approved by an employee who has appropriate requisitioning authority. We can also improve the efficiency of the system by centralization of purchasing in a specialized department. The purchase department is better able to negotiate more favorable terms and prices and, by amalgamating orders, can obtain better volume discounts. About receiving: In receiving goods, SAP can suggest data from the purchase order when the goods receipt is entered in the system. That’s the same effect as the blind copy of PO, it is more efficient because the system can tell the receiving department the right amount immediately. But compare with manual process, the SAP system often eliminates the segregation of duties. However, SAP is the best ERP system to help resolve the segregation of duties problem, which is a basic, key internal control. SAP currently provides more than 150 predefined user roles, which act to limit a user’s access to only certainShow MoreRelatedThe Age Of Five Years Old Essay839 Words   |  4 Pagesto poverty. Education acts as a tool for reflecting on all the inequalities imbedded within a society. In a Freirean sense, education provides a critique of society and offers a means of change through revolution. Education has the power of liberation. Throughout Africa, education systems are experimenting with glo balized curriculum, new testing systems, and health education initiatives (Meyer, 2003). But in order to do so, African governments need funding. 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