Lesson 1:
SAP TERMINOLOGY
SAP terminology along with classic financial terminology is used for business at MIT. The
terminology presented in this lesson is used frequently both in this self-study and in financial
communications at MIT.
OBJECTIVES
In this lesson you will e familiar with basic SAP terminology. At pletion of this
lesson you will be able to:
✔ Recognize some with system-specific language
✔ Differentiate between a Cost Center,
Internal Order and WBS Element
✔ Distinguish between Master and Transactional data.
! Note: SAP financial terminology is based on general accounting functions. If you
do not have an accounting background, it is mended that you attend the
Accounting Fundamentals course prior to taking Basic Skills.
SUMMARY OF BUSINESS RULES
✔ None
Doc#: S-010328-BAS-TT- 1-1
1-2 Doc#: S-010328-BAS-TT-
GETTING STARTED
Below is some SAP terminology that will be used throughout this training. Additional
terminology may be introduced in subsequent lessons as needed.
Environment: pletely self-contained version of the SAP database,
designated for a specific purpose. A Production environment
contains live, real-time data while a non-production environment
such as the practice environment holds valid, but not real-time
data, and is be used for learning examples. Separate
environments do not exchange information. If you enter data
into one environment, you will not be able to see that information
in another environment
GUI: Graphical User Interface. The SAPgui is the software on your
computer or local server that allows you to connect to one or
more of the SAP environments.
Master Data: Master data is a collection of information about a person or an
object, . a cost object, vendor, or G/L account. For example,
a vendor master record contains not only general information
such as the vendor’s name and address, but also specific
information, such as payment terms and delivery instructions.
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