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Terms and definitions

ERP Glossary

Collection of key concepts, acronyms and terms used in the world of ERP systems and Microsoft Dynamics 365 Business Central.

A

API

Application Programming Interface - programming interface for system integration.

AL

Application Language - programming language used to extend Business Central.

AppSource

Microsoft AppSource - marketplace with applications extending Microsoft products.

B

Business Central

Microsoft Dynamics 365 Business Central - ERP system for mid-sized businesses, successor to Microsoft Dynamics NAV.

BOM

Bill of Materials - material specification, list of components needed for production.

C

CRM

Customer Relationship Management - managing customer relationships.

D

Dimension

Analytical dimension in BC - additional field for classifying transactions (e.g., department, project).

E

ERP

Enterprise Resource Planning - an integrated software system for managing enterprise resources.

Extension

Add-on application that extends Business Central functionality without modifying base code.

G

G/L

General Ledger - the central part of the financial system.

I

ISV

Independent Software Vendor - third-party software provider creating solutions for platforms like Business Central.

M

MRP

Material Requirements Planning - planning material requirements for production.

N

NAV

Microsoft Dynamics NAV (formerly Navision) - predecessor of Business Central, one of the most popular ERP systems.

S

SaaS

Software as a Service - cloud-based software delivery model.

W

WMS

Warehouse Management System - system for managing warehouse operations.

Workflow

Workflow - automation of approval and document circulation processes.

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