Last in First Out is a valuation procedure according to which the stocks of a material that were last received are the first to be used or sold.

Matchcode

A tool for finding specific record Mainly used to find possible entries for an input field

MAP

Moving Average Price.

MM

Materials Management

MM SRV

Material Management External Services Management

MPS

Master Production Scheduling takes care of those parts or products which greatly influence company profits or which take up critical resources.

MRP

Material Requirements Planning takes into account and plan every future requirement during the creation of order proposals (independent requirements, dependent requirements etc).

MVP

Material’s Valuation Price. The standard price for a standard price material, the moving average price for a moving average price material.

OLAP

Online Analytical Processing

OSS

On-line Service System that helps in users to get fast and effective help from SAP. The user may log-in to OSS system to find a possible solution for a ‘bug’. Get the patch ,if any, download and apply to correct the problem.

PCC

Pre-Configured Client. The R/3 Simplification Group’s pre-configured client.

PM

Plant Maintenance

PO

Purchase Order.

PP

Production Planning

PREQ

Purchase Requisition

PRP

Product Requirement Planning

PS

Project System

PLU number

Number under which a price is stored in the POS system of Industry Solution -IS. 

QM

Quality Management 

RFC

Remote Function Call. Allows to call and process predefined procedures/functions in a remote SAP system.

RFQ

Request For Quote

RI

Reversal of goods Issue.

RMA

Return Material Authorizations

RR

Reversal of goods Receipt.

RT

Reversal of goods Transfer posting

SADT

Structured Analysis and Design Technique

SD

Sales and Distribution

SAPmail

Electronic mail system in SAPoffice with which you can transmit messages.

SAPoffice

The electronic mail system and folder structure in the R/3 System allows you to send documents internally (to other R/3 users in the same system) or externally (to users in other systems).

SAP R/2

SAP R/2 was the first compact software package for the whole spectrum of business applications from the SAP corporation. SAP R/2 runs on mainframes, especially IBM, BS2000 (Siemens’ machines) or Amdahl.

Modules of SAP R/2

RF Financial Accounting
RA Assets Accounting
RK Cost Accounting
RK-P Projects
RP Human Resources
RM-INST Plant Maintenance
RM-QSS Quality Assurance
RM-MAT Materials Management
RM-PPS Production Planning and Control
RV Sales and Distribution

SAP R/3

R/3 is the SAP client-server solution It has proved hugely popular in many countries. The solution is available to many more companies than R/2 as a mainframe is not required.

It consists of the following modules:

BC Basis (includes abap/4 Programming Language)
AM Asset Management
CO Controlling
FI Financial Accounting
HR Human Resources
IS Industry Specific Solutions
PM Plant Maintenance
PP Production Planning
PS Project System
QM Quality Management
SD Sales and Distribution
MM Materials Management
WF Business Work Flow

SAP Retail

Includes more than 200 new business processes that have been designed specifically for retail purposes. This is the integral part of R/3 release 4.0.

SAProuter

Software module that acts as part of a firewall system.

SAPscript

SAP-own word processing system. The text editor supplied with the R/3 System for creating and editing documentation.

SCOPE

Supply Chain Optimization Planning & Execution

SERM

Structured Entity Relationship Model

Session Log

Record of a batch input session run. For each run, a session log is created.

SO

Sales Order

SOP

Sales & Operations Planning Sales & Operations Planning (SOP) is a flexible forecasting and planning tool with which sales, production, and other supply chain targets can be set on the basis of historical, existing, and/or estimated future data. Resource planning can also be carried out to determine the amounts of the work center capacities and other resources required to meet these targets. 

UPC

Universal Product Code

WBS

Work Breakdown Structure is a model of a project, that represents in a hierarchy the actions and activities to be carried out in a project.

WF

Business Work Flow: Tool for automatic control and execution of cross-application processes. This involves coordinating the persons involved, the work steps required, the data which needs to be processed (business objects). The main advantage is reduction in throughput times and the costs involved in managing business processes. Transparency and quality are enhanced by its use. 

XXL List Viewer

Tool used to configure Microsoft Excel for display and further processing of R/3 application data. The XXL List Viewer facilitates presentation of R/3 data in Excel, taking into account information delivered by R/3 on the structure of the data

Year-end closing

Annual balance sheet and profit and loss (P+L) statement, which must both be created in accordance with the legal requirements. All assets, debts and accrued and deferred items (balance sheet) as well as all revenue and

Zero Stock Check

Check or inventory procedure used to increase the level of accuracy in stock figures. If a storage bin becomes empty after a goods movement, the bin is checked as to whether it is really empty or not.

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