Northern India Engineering College

Department of Information Technology

Summer training project on-

SAP and GST

Submitted By-
SHIVANI BEDI
R.NO- 06515603114
Content
Brief Introduction on SAP ERP.
Functional Areas of SAP.
Advantages of SAP ERP.
Disadvantages of SAP ERP.
SAP MM Module
Procurement Process
Basic Procurement Activities.
Master Data
Inventory Management
GST
Changes with GST
Benefits of GST
Brief Introduction of SAP ERP

SAP stands for Systems, Applications and Products in

data processing.
SAP is an enterprise resource planning software .
ERP is designed to support and integrate every
functional area of a business process.
Functional Areas of SAP ERP
Advantages of SAP ERP

Single data source and sharing of data

Supplies real-time information whenever required.
Synchronized information transfer in between different
functional areas
Disadvantages of SAP ERP

Cost of complex integration can be very high.

Switching from one ERP solution to another increase
the implementation cost
End-users are to be trained for their daily operations.
SAP MM Module

A business process in SAP is termed as Module.

Helps to manage the procurement activity of an
organization.
Backbone of the Logistics area.
Procurement Process

Process of buying materials and obtaining services from

vendors.
Ordered in correct quantity, with a proper value at the
proper time.
Basic Procurement Activities

Determination of requirement- what material or

services and which supplier.
Creating Purchase Requisition- an internal document
informing purchasing department.
Creating Purchase Order- order is approved and
assigned to a supplier.
 Goods receipt/ Invoice Received- material is received
and quality is verified.
Invoice verification/ Vendor Payment- vendor is paid PO
is accomplished.
Master Data

Created centrally and is valid for all applications.

Material Master Data - information on the materials
that a company can procure, or produce, or store or sell.
Vendor Master - information on vendors from which a
company can procure or it can sell.
Inventory Management

Management of stock either on value or quantity basis.

Planning, entry and keeping records of all goods
movement
Updating all stock quantity and value in inventory in
material document.
GST

Single tax on the supply of goods and services.

Types of GST-
CGST & SGST- intra-state sales
IGST- inter-state sales.
Changes with GST

HSN (Harmonized System Nomenclature) code for

goods.
SAC(service accounting number) for services.
GSTIN- for vendors up to 15 characters in length.
Benefits of GST

For Business and Industry

Improved competitiveness
Gain to manufacturers and exporters
Uniformity of tax rates and structures
For Central and State Governments
Simple and easy to administer.
Better controls on leakage.
Higher revenue efficiency.
For Consumer
Single and transparent tax proportionate to the value of
goods and services.
Relief in overall tax burden.
THANK YOU