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AP is an Enterprise Resource Planning (ERP) system. It is an IT based transaction processing system. All business processes are executed in one system sharing common information.

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SAP - TM - Travel Management (T) - SAP - BP - Travel Planning - Chapter 2 - PART C - Car Rentals

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SAP ERP FICO (Finance) is a Fiscal Year Variant contains the definition of Posting Periods and Special Periods. It also determines whether the fiscal year is based on calendar year - i.e. Jan - Dec or non-calendar year e.g. Apr - Mar.

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Chapter 22 - SAP ERP FI (Finance) Sort Keys, Line Layout and Total Variants

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http://youtu.be/DYtc8xIxbgQ

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