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It is an important module in SAP, designed for meeting all the accounting and financial needs of an organization. SAP FI enables to centrally track financial accounting data within an international framework of multiple companies, languages, currencies, and charts of accounts.
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SAP PP (Production Planning) mainly deals with production processes like Capacity Planning, Master Production Scheduling, Material Requirement, Planning Shop Floor, etc. The PP module of SAP takes care of master data needed, like Bill Of Materials (BOMs), Routing and Work Centers.
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Sales and Distribution is part of the logistics module that handles all the processes from an order to delivery. The main operations are Customer Sales Orders processing, pricing, shipping, billing and credit management, etc.
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SAP HCM deals with various activities done in the human resource department of an organisation, such as, personal administration, personnel development, training and event management, payroll, etc.
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Material Management module mainly deals with Procurement Process, Master Data, Inventory Management, Valuation of Material & Account Determination, Material Requirement Planning, Invoice Verification.