Acronym Reference
ERP conversations are dense with acronyms. This is the decoder.
Systems and categories
| Acronym |
Meaning |
| APS |
Advanced Planning and Scheduling |
| BI |
Business Intelligence |
| CMMS |
Computerised Maintenance Management System |
| CPM |
Corporate Performance Management |
| CRM |
Customer Relationship Management |
| DMS |
Document Management System |
| EAM |
Enterprise Asset Management |
| EPM |
Enterprise Performance Management |
| ERP |
Enterprise Resource Planning |
| ESB |
Enterprise Service Bus |
| FSM |
Field Service Management |
| HCM |
Human Capital Management |
| HRIS / HRMS |
Human Resource Information / Management System |
| iPaaS |
Integration Platform as a Service |
| LIMS |
Laboratory Information Management System |
| LMS |
Learning Management System |
| MDM |
Master Data Management |
| MES |
Manufacturing Execution System |
| MOM |
Manufacturing Operations Management |
| PIM |
Product Information Management |
| PLM |
Product Lifecycle Management |
| POS |
Point of Sale |
| PSA |
Professional Services Automation |
| QMS |
Quality Management System |
| SCADA |
Supervisory Control and Data Acquisition |
| SCM |
Supply Chain Management |
| SRM |
Supplier Relationship Management |
| TMS |
Transportation Management System |
| WCS / WES |
Warehouse Control / Execution System |
| WMS |
Warehouse Management System |
Finance and accounting
| Acronym |
Meaning |
| AP |
Accounts Payable |
| AR |
Accounts Receivable |
| APC |
Acquisition and Production Cost |
| ASC |
Accounting Standards Codification (US) |
| BS |
Balance Sheet |
| CAPEX / OPEX |
Capital / Operating Expenditure |
| CoA |
Chart of Accounts |
| COGS |
Cost of Goods Sold |
| COGM |
Cost of Goods Manufactured |
| CTA |
Cumulative Translation Adjustment |
| DPO |
Days Payable Outstanding |
| DSO |
Days Sales Outstanding |
| DIO / DOH / DSI |
Days Inventory Outstanding / on Hand / Sales of Inventory |
| EBITDA |
Earnings Before Interest, Tax, Depreciation and Amortisation |
| ECL |
Expected Credit Loss (IFRS 9) |
| FA |
Fixed Assets |
| FI / CO |
Financial Accounting / Controlling (SAP) |
| FX |
Foreign Exchange |
| GAAP |
Generally Accepted Accounting Principles |
| GL |
General Ledger |
| GR/IR |
Goods Receipt / Invoice Receipt |
| IFRS |
International Financial Reporting Standards |
| NBV |
Net Book Value |
| NRV |
Net Realisable Value |
| P&L |
Profit and Loss |
| POC |
Percentage of Completion |
| SSP |
Standalone Selling Price |
| WHT / TDS |
Withholding Tax / Tax Deducted at Source |
| YTD / MTD / QTD |
Year / Month / Quarter to Date |
Supply chain and manufacturing
| Acronym |
Meaning |
| ABC / XYZ |
Value-based / variability-based inventory classification |
| APQP |
Advanced Product Quality Planning |
| AQL |
Acceptable Quality Level |
| ASN |
Advance Ship Notice |
| ATO |
Assemble to Order |
| ATP |
Available to Promise |
| BOM |
Bill of Materials |
| CAPA |
Corrective and Preventive Action |
| CoA |
Certificate of Analysis |
| CoC |
Certificate of Conformance |
| CRP |
Capacity Requirements Planning |
| CTP |
Capable to Promise |
| DDMRP |
Demand Driven MRP |
| ECN / ECO / ECR |
Engineering Change Notice / Order / Request |
| EOQ |
Economic Order Quantity |
| ETO |
Engineer to Order |
| FCL / LCL |
Full / Less than Container Load |
| FEFO / FIFO / LIFO |
First Expired / First In / Last In, First Out |
| FMEA |
Failure Mode and Effects Analysis |
| FTL / LTL |
Full / Less than Truck Load |
| GMP / cGMP |
(current) Good Manufacturing Practice |
| HACCP |
Hazard Analysis and Critical Control Points |
| HU |
Handling Unit |
| JIT |
Just in Time |
| KPI |
Key Performance Indicator |
| MOQ |
Minimum Order Quantity |
| MPS |
Master Production Schedule |
| MRO |
Maintenance, Repair and Operations |
| MRP / MRP II |
Material Requirements / Manufacturing Resource Planning |
| MSA |
Measurement System Analysis |
| MTO / MTS |
Make to Order / Make to Stock |
| OEE |
Overall Equipment Effectiveness |
| OTIF |
On Time In Full |
| PPAP |
Production Part Approval Process |
| PRT |
Production Resources and Tools |
| RCCP |
Rough Cut Capacity Planning |
| RMA |
Return Material Authorisation |
| ROP |
Reorder Point |
| S&OP / IBP |
Sales and Operations Planning / Integrated Business Planning |
| SKU |
Stock Keeping Unit |
| SLOB |
Slow-moving and Obsolete |
| SMED |
Single Minute Exchange of Die |
| SPC |
Statistical Process Control |
| STO |
Stock Transport Order |
| TOC |
Theory of Constraints |
| UoM |
Unit of Measure |
| VMI |
Vendor Managed Inventory |
| WIP |
Work in Process |
Sales and procurement
| Acronym |
Meaning |
| CPQ |
Configure, Price, Quote |
| GR |
Goods Receipt |
| O2C |
Order to Cash |
| P2P |
Procure to Pay |
| PO |
Purchase Order |
| PR |
Purchase Requisition |
| R2R |
Record to Report |
| RFI / RFP / RFQ |
Request for Information / Proposal / Quotation |
| S2P |
Source to Pay |
| SO |
Sales Order |
| SLA |
Service Level Agreement |
| TCO |
Total Cost of Ownership |
Trade and logistics
| Acronym |
Meaning |
| AWB |
Air Waybill |
| BOL / B/L |
Bill of Lading |
| CIF / FOB / EXW / DAP / DDP |
Incoterms |
| EPZ |
Export Processing Zone |
| GTS |
Global Trade Services |
| HS / HTS |
Harmonized System / Harmonized Tariff Schedule |
| LC |
Letter of Credit |
| SSCC |
Serial Shipping Container Code |
| 3PL / 4PL |
Third / Fourth Party Logistics |
HR and payroll
| Acronym |
Meaning |
| FTE |
Full Time Equivalent |
| JML |
Joiner, Mover, Leaver |
| OM |
Organisational Management |
| PA |
Personnel Administration |
| PF |
Provident Fund |
| PTO |
Paid Time Off |
| RTI |
Real Time Information (UK payroll filing) |
| TOIL |
Time Off In Lieu |
Technical and integration
| Acronym |
Meaning |
| AL |
Application Language (Dynamics Business Central) |
| ABAP |
Advanced Business Application Programming (SAP) |
| AOT |
Application Object Tree (Dynamics F&O) |
| API |
Application Programming Interface |
| AS2 / AS4 |
Applicability Statement 2 / 4 (EDI transport) |
| BADI |
Business Add-In (SAP) |
| BAPI |
Business Application Programming Interface (SAP) |
| BQL |
Business Query Language (Acumatica) |
| BTP |
Business Technology Platform (SAP) |
| CDC |
Change Data Capture |
| CDS |
Core Data Services (SAP) |
| DAC |
Data Access Class (Acumatica) |
| DDIC |
Data Dictionary (SAP) |
| DLQ |
Dead Letter Queue |
| DMF |
Data Management Framework (Dynamics F&O) |
| EDI |
Electronic Data Interchange |
| F&O |
Finance and Operations (Dynamics 365) |
| FBDI |
File-Based Data Import (Oracle) |
| IDoc |
Intermediate Document (SAP) |
| JSON / XML |
Data interchange formats |
| LCS |
Lifecycle Services (Dynamics) |
| MDN |
Message Disposition Notification (AS2 receipt) |
| OData |
Open Data Protocol |
| OLTP / OLAP |
Online Transaction / Analytical Processing |
| OPC UA |
Open Platform Communications Unified Architecture |
| OTBI |
Oracle Transactional Business Intelligence |
| RAP |
ABAP RESTful Application Programming model |
| REST / SOAP |
API styles |
| RFC |
Remote Function Call (SAP) |
| RLS |
Row Level Security |
| SDF |
SuiteCloud Development Framework (NetSuite) |
| UI5 |
SAPUI5 (SAP’s JavaScript framework) |
Project and delivery
| Acronym |
Meaning |
| AMS |
Application Management Services |
| CAB |
Change Advisory Board |
| EVM |
Earned Value Management |
| PMO |
Project Management Office |
| RACI |
Responsible, Accountable, Consulted, Informed |
| RAID |
Risks, Assumptions, Issues, Dependencies |
| RICEFW |
Reports, Interfaces, Conversions, Enhancements, Forms, Workflows |
| SI |
System Integrator |
| SIT |
System Integration Testing |
| SME |
Subject Matter Expert |
| UAT |
User Acceptance Testing |
| VAR |
Value Added Reseller |
| WBS |
Work Breakdown Structure |
Governance, risk and compliance
| Acronym |
Meaning |
| COSO |
Committee of Sponsoring Organizations (internal control framework) |
| COBIT |
Control Objectives for Information and Related Technologies |
| DPIA |
Data Protection Impact Assessment |
| DPO |
Data Protection Officer |
| GDPR |
General Data Protection Regulation |
| GRC |
Governance, Risk and Compliance |
| ICFR |
Internal Control over Financial Reporting |
| ITAC |
IT Application Controls |
| ITGC |
IT General Controls |
| PAM |
Privileged Access Management |
| PII |
Personally Identifiable Information |
| RBAC |
Role Based Access Control |
| SIEM |
Security Information and Event Management |
| SoD |
Segregation of Duties |
| SOC 1 / SOC 2 |
Service Organization Control reports |
| SOX |
Sarbanes-Oxley Act |
Regional and regulatory
| Acronym |
Meaning |
| AIT |
Advance Income Tax (Bangladesh) |
| BIN |
Business Identification Number (Bangladesh VAT) |
| CFDI |
Comprobante Fiscal Digital (Mexico e-invoice) |
| DPDP |
Digital Personal Data Protection Act (India) |
| GST / GSTIN |
Goods and Services Tax / GST Identification Number |
| IRN / IRP |
Invoice Reference Number / Registration Portal (India) |
| KSeF |
Krajowy System e-Faktur (Poland) |
| LGPD |
Lei Geral de Proteção de Dados (Brazil) |
| Mushak |
Bangladesh VAT forms (e.g. Mushak 6.3 invoice) |
| NBR |
National Board of Revenue (Bangladesh) |
| NF-e |
Nota Fiscal Eletrônica (Brazil) |
| PIPL |
Personal Information Protection Law (China) |
| SAF-T |
Standard Audit File for Tax |
| SdI |
Sistema di Interscambio (Italy) |
| VDS |
VAT Deducted at Source (Bangladesh) |
| ViDA |
VAT in the Digital Age (EU) |
| ZATCA |
Zakat, Tax and Customs Authority (Saudi Arabia) |
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