The answer is a little more complicated than that. Modules are not necessarily going to be able to be modified into SQL Server. It all depends on what your modules are doing.
For example, if you had a module that FTP'd a file up to a website, you will find that it is much more difficult to implement that kind of functionality within SQL Server (requiring ActiveX scripting). But, other things can be taken care of with Stored Procedures, or even DTS packages. The cool thing that SQL Server has that Access doesn't have is Jobs. You can schedule things to happen when you want without having to open a program because it is running as a service at all times anyway.
So, hopefully that helps. But, I've been trying to implement some stuff that a bunch of modules are doing within Access and it has been a bit of a bear at times. So, don't expect it to be a quick and easy process.