To obtain the access key for changing a SAP standard object, one must go to the SAP Service Marketplace website and register the object. To code a function exit, one locates the exit point in the SAP code, creates an include program, writes custom code in the include program, and activates the function exit by adding it to a project using transaction CMOD. Transaction CMOD is used to create projects that can activate enhancements, while transaction SMOD is used to create and view enhancements and their components, such as function exits.