ERP glossary

Software applications used by organizations to manage day-to-day business activities, such as accounting, procurement, and manufacturing.

Accounts Receivable

Accrual

Advanced Shipping Notification

Assemble to Order

Book Value

Bottleneck

Breakeven Point

Business to Business

Cloud Computing

Compatibility

Compliance

Current Liabilities

Customisation

Cycle Counting

Aging

Assets

Average Cost

Best Practices

Build to Stock

Capital Equipment

Capital

Chart of Accounts

Consignment

Current Assets

Customer Relationship Management

Accounts Payable

Actual Cost

Advanced Planning and Scheduling

Aged Receivables

Amortisation

Application Programming Interface

Available-to-Promise

Bad Debts

Balance Sheet

Balance on Hand

Bill of Lading

Bill of Material

Business Intelligence

Business to Consumer

Cash Flow Statement

Cash Flow

Change Management

Contribution

Cost Accounting

Cost Pool

Cost of Goods Sold

Dashboard

Allocation

Backorder

Blanket Order

Budgeting

Business Processes

Capacity Requirements Planning

Configuration

Consumables

Demo

Discrete Manufacturing

Drop Ship

Expense

Finished Goods

Fiscal Year

Functionality

General Ledger

Goodwill

Gross Profit

Help Desk

Human Resource Management

Income Statement

Inventory Control

Earnings

Enterprise Resource Planning

Fixed Assets

Flexibility

Integrated Software

Inventory

Item

Just-in-Time

Last In First Out

Data Cleansing

Demand Planning

Depreciation

Distribution Center

Electronic Data Interchange

Electronic Fund Transfer

Engineer to Order

Financial Statements

Fixed Costs

Forecasting

Human Capital Management

Implementation

Installation

Job Costing

Knowledge Management

Liquidity

Direct Costs

Drill Down

E-Commerce

Estimate

First In First Out

Fixed Order Quantity