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Answer» The R/3 System provides the following functions:
- Integration — Provides a complete integration of the various data transfers, which, in turn, is helpful in making good-quality reports.
- Saving time with integration — Helps reduce the time needed to close the books of ACCOUNT.
- Automation of consolidation procedure — Saves time and cost as there is no need to manually enter all the DOCUMENTS.
- Customizing the software according to the needs — Provides the facility of creating new programs whenever the requirement arises.
- Cost effective audits — Provides the facility to the auditor for performing interactive analysis of special information.
- Easy to LEARN and USE — Provides context-sensitive functions and extensive online documentation that is easy to understand and learn.
- Information System — INCLUDES functions for creating reports. It provides information through exceptional and interactive reporting.
- International accounting — Allows parallel valuation approaches at all levels for external and internal accounting purposes by using different currencies.
The R/3 System provides the following functions:
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