| Term 
 | Definition 
 
        | -Smallest entity for accounting -own balance sheet
 -own profit and loss statement
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        | Term 
 | Definition 
 
        | Sells Product and Services Negotiates Prices and Conditions
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        | Term 
 | Definition 
 
        | How you reach the customer Market Strategy
 Direct Sales, Agents, Retail
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        | Term 
 | Definition 
 
        | Groups Material and Services Cars, Motorbikes, Carpets etc..
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        | Term 
 | Definition 
 
        | One Sales Org One Distribution Channel
 One Division
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        | Term 
 | Definition 
 
        | Subdivides the enterprise into production, procurement, and materials planning -Represents a site or location
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        | Term 
 | Definition 
 
        | Physical stock inside a singular plant Inventory management takes here
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        | Term 
 | Definition 
 
        | Part of a plant Controls shipping activities
 loading ramp, express deliveries
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        | Term 
 | Definition 
 
        | Can be used to subdivide shipping point Ramp 1 Ramp 2
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        | Term 
 | Definition 
 
        | One Sales Area is assigned to one Company code Sales offices can be assigned to multiple sales areas
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        | Term 
 
        | One loading point is assigned to one shipping point |  | Definition 
 
        | one shipping point is assigned to one plant |  | 
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        | Term 
 
        | Every delivering plant must be assigned to the specific sales chain |  | Definition 
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        | Term 
 | Definition 
 
        | data which rarely changes independent from business transactions
 -General ledger accounts, vendor data
 -Long term data management
 -Centralized data management
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        | Term 
 | Definition 
 
        | occur through on going postings Invoice posting, dunning, goods receipt
 Represents single business transaction
 Punctual and time dependent
 Subject to frequent changes
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        | Term 
 | Definition 
 
        | Reduction of maintainence efforts Control and consistency check of entered data
 Avoidance of unnecessary redundancy
 Enables the use of data in different departments
 Ensures that changes have to be maintained only once
 Offers a solid base for analysis and reporting
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        | Term 
 
        | Four Central Sets of Master Data |  | Definition 
 
        | Customer Master Material Master
 Customer-Material
 Condition Records
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        | Term 
 
        | Three Views for Customer Master |  | Definition 
 
        | General Data Sales Area
 Company Code
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        | Term 
 
        | General Data-Customer Master |  | Definition 
 
        | Relevant for Sales and Accounting |  | 
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        | Term 
 
        | Sales Area-Customer Master |  | Definition 
 
        | Relevant for Sales Org , Dist Channel and Division |  | 
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        | Term 
 | Definition 
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        | Term 
 
        | 4 Standard Account Groups |  | Definition 
 
        | Sold To party Ship To party
 Bill To Party
 Payer
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        | Term 
 | Definition 
 
        | Field Selections Status-One Time Vendor or Regular
 Output Determination Procedure
 Number Range Internal/External
 Number Range
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        | Term 
 
        | What is output procedure determination? |  | Definition 
 
        | Information which message is generated |  | 
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        | Term 
 
        | Customer Master View of General Data |  | Definition 
 
        | Address Control Data
 Marketing
 Unloading Points
 Contact Persons
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        | Term 
 
        | Customer Master Sales Area Data |  | Definition 
 
        | Sales Shipping
 Billing Documents
 Partner Functions
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        | Term 
 
        | Customer Master Company Code Data |  | Definition 
 
        | Account Management Payment Transactions
 Correspondence Dunning
 Insurance
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