A computer system that integrates application programs in accounting, sales, manufacturing, and the other functions in a firm. This integration is accomplished through a data base shared by all the application programs.
Financial Accounting
A segment of R/3 that includes the financials, controlling, and asset management functionality needed to run the financial accounts for a company. Financials include accounts payable, accounts receivable, general ledger, capital investments, and the procedures to close the books for the month and year.
Human Resources
A segment with the capabilities needed to manage, schedule, pay, and hire the people who work for the company. This includes payroll, benefits administration, applicant data administration, personnel development planning, workforce planning, schedule and shift planning, time management, and travel expense accounting.
Manufacturing and Logistics
Contains five major components: materials management, plant maintenance, quality management, production planning and control, and project management.
Sales and Distribution
A segment that includes customer, sales order, and configuration management; distribution export controls; shipping and management; and billing, order, and rebate processing.
