SAP Transaction Archiving

Hi,

With SAP, how do we manage archiving past historical data?

I would like to know if SAP provides any tools in order to manage the historical transactions data in the database.

For example, say we decide to keep only last 3 years of business data with regards to Finance Module. Then the data prior to 3 years should be archived. Does SAP provide some tools or scripts to manage this task?

I hear that it is the responsibility of the Functional Consultants to take care of archiving their respective domains.

However, I feel that they would not be in a position to manage the archiving process themselves as this is a technical job.

How does SAP go about this?

Any ideas, information in this area would be helpful.

Thank you very much

Regards,

Augustine

PS: Any information in this regard would help please.