SAP Definition

SAP is an integrated enterprise resource planning (ERP) system that seamlessly integrates most activities of a company.

Learn new Accounting Terms

C&I (COST & INSURANCE), in a price that is quoted 'C&I', means that the cost of the product and insurance are included in the quoted price. In this case, the cost of shipping would be borne by the buyer.

ACCRUED VACATION see ACCRUED LIABILITY.

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