Glossary of Terms beginning with C

Click one of the letters above to go to the page of all terms beginning with that letter.
Call Date

Date on which a maintenance order is generated for a maintenance plan. The system calculates the call date based on the call horizon.

Call Horizon

Determines the time at which an order is to be created for a calculated maintenance schedule.


Capacity refers to the ability of a work centre to perform work.

Carrying amount of a liability

Carrying amount of a liability is the amount at which a liability is recognized in the statement of financial position.

Carrying amount of an asset

Carrying amount of an asset is the amount at which an asset is recognized in the statement of financial position after deducting any accumulated depreciation and accumulated impairment losses thereon.

Carrying amount of investment property

Carrying amount of investment property is the amount at which an asset is recognized in the statement of financial position.


Cash consists of cash on hand and demand deposits.

Cash equivalents

Cash equivalents are short-term, highly liquid investments that are readily convertible to known amounts of cash and that are subject to an insignificant risk of changes in value.

Cash flows

Cash flows are inflows and outflows of cash and cash equivalents.

Cash-generating unit/assets

Assets held to generate a commercial return.


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Client Collaboration Portal has been developed for use by vendors and freight forwarders to upload relevant information that will be fed into the Transportation Management system. 

Change in accounting estimate

Change in accounting estimate is an adjustment of the carrying amount of an asset or a liability, or the amount of the periodic consumption of an asset, that results from the assessment of the present status of, and expected future benefits and obligations associated with, assets and liabilities. Changes in accounting estimates result from new information or new developments and, accordingly, are not a correction of errors.

Change in accounting policy

Change in accounting policy is a change from one basis of accounting to another basis of accounting. A change in the accounting treatment, recognition or measurement of a transaction, event or condition within a basis of accounting is also regarded as a change in accounting policy.


Central Instance


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Class of Property, Plant and Equipment (PPE)

Class of property, plant and equipment is a grouping of assets of a similar nature or function in an entity's operations that is shown as a single item for the purpose of disclosure in the financial statements.

Close members of the family of an individual

Close relatives of the individual or members of the individual's immediate family who can be expected to influence, or be influenced by, that individual in their dealings with the entity.

Closing rate

Closing rate is the spot exchange rate at the reporting date – i.e. the exchange rate used to translate foreign currency monetary balances at the end of a reporting period. For the UN, a series of rates are published for the year-end which are based on and closely approximate the prevailing market rate at that date and are used as the closing rate.


Controlling - SAP module to provide organizations with a method of slicing and dicing data to view costs from an internal management perspective and provide a view of profitability beyond that of basic financial reporting.


Contingent Owned Equipment

Commencement of the lease term

Commencement of the lease term is the date from which the lessee is entitled to exercise its right to use the leased asset. It is the date of initial recognition of the lease (i.e. the recognition of the assets, liabilities, revenue, or expenses resulting from the lease, as appropriate).


Binding agreement for the exchange of a specified quantity of resources at a specified price on a specified future date or dates.

Commitment Item

The functional grouping of expenditures and revenues within a financial management area in the Funds Management (FM) module.

Comparable basis

Comparable basis is the actual amounts presented on the same accounting basis, the same classification basis, for the same entities and for the same period as the approved budget.

Conditions on transferred assets

Conditions on transferred assets are stipulations that specify that the future economic benefits or service potential embodied in the asset is required to be consumed by the recipient as specified or future economic benefits or service potential must be returned to the transferor.

Consignment Order

A request to replenish stocks of material held in consignment (i.e. the supplier retains ownership of the materials until they are withdrawn for sale or use).

Consolidated financial statements

Consolidated financial statements are the financial statements of an economic entity presented as those of a single entity

Construction contract

Construction contract is a contract or a similar binding arrangement specifically negotiated for the construction of an asset or a combination of assets that are closely interrelated or interdependent in terms of their design, technology and function, or their ultimate purpose or use.

Constructive obligation

Constructive obligation is an obligation that derives from an entity's actions where: (a) by an established pattern of past practice, published policies or a sufficiently specific current statement, the entity has indicated to other parties that it will accept certain responsibilities; and (b) as a result, the entity has created a valid expectation on the part of those other parties that it will discharge those responsibilities.

Contingent asset

Contingent asset is a possible asset that arises from past events and whose existence will be confirmed only by the occurrence or non-occurrence of one or more uncertain future events not wholly within the control of the entity.

Contingent liability

Contingent liability is: (a) a possible obligation that arises from past events and whose existence will be confirmed only by the occurrence or non-occurrence of one or more uncertain future events not wholly within the control of the entity; or (b) a present obligation that arises from past events but which is not recognized because it is not probable that an outflow of resources embodying economic benefits or service potential will be required to settle the obligation or because the amount of the obligation cannot be measured with sufficient reliability.

Contingent rent

Contingent rent is that portion of the lease payments that is not fixed in amount but is based on a factor other than just the passage of time (e.g., percentage of sales, amount of usage, price indices, and market rates of interest).


Contractor is an entity that performs construction work pursuant to a construction contract.

Contributions from owners

Contributions from owners is future economic benefits or service potential that has been contributed to the entity by parties external to the entity, other than those that result in liabilities of the entity, that establish a financial interest in the net assets/equity of the entity, which: (a) conveys entitlement both to distributions of future economic benefits or service potential by the entity during its life, such distribution being at the discretion of the owners or their representatives, and to distributions of any excess of assets over liabilities in the event of the entity being wound up; and/or
(b) And can be sold, exchanged, transferred or redeemed.


Control is the power to govern the financial and operating policies of another entity so as to benefit from its activities.

Controlled entity

Controlled entity is an entity under the control of another entity (known as the controlling entity).

Controlling entity

Controlling entity is an entity that has one or more controlled entities.


Cost is the amount of cash or cash equivalents paid or the fair value of the other consideration given to acquire an asset at the time of its acquisition or construction.

Cost Centre

Cost Centres identify the smallest areas of ongoing cost responsibility within a company's overall organizational structure, where budget control may be implemented.

Cost Element

Cost elements classify an organization's costs within a controlling area. A cost element corresponds to a cost-relevant item in the chart of accounts. SAP distinguishes between Primary Cost Elements and Secondary Cost Elements.

Cost method

Cost method is a method of accounting for an investment whereby it is recognized at cost. Revenue from the investment is recognized only to the extent that the investor is entitled to receive distributions from accumulated surpluses arising after the date of acquisition.

Cost plus or cost based contract

A construction contract in which the contractor is reimbursed for allowable or otherwise defined costs and, in the case of a commercially-based contract, an additional percentage of these costs or a fixed fee, if any.

Costs of disposal

Couts différentiels directement attribuables à la cession d'un actif, à l'exclusion des charges financières et des impôts.

Costs to sell

The incremental costs directly attributable to the disposal of an asset, excluding finance costs and income taxes. Disposal may occur through sale or through distribution at no charge or for a nominal charge.


Means with which object wear and tear, consumption, or reduction of performance can be represented.

Counterparties (Business Partners)

SAP Treasury is based on the business partner concept. In the Securities area, you assign the roles issuer, depository bank, and counterparty to the business partner according to their functions.

Counterparty Instructions

You can define rule sets for a business partner. If, for example, you always use the same bank details and Payment Details with a business partner for certain product types, this data can be added automatically.

Credit (or Debit) Memo

The document that reduces (or increases) the bill-to party's obligations to the vendor or service agent.

Credit Limit Check

Checks the incoming sales orders against a customer's credit limit, and if there is an insufficient credit limit, the order will be blocked.

Credit risk

The risk that one party to a financial instrument will cause a financial loss for the other party by failing to discharge an obligation.


Customer Relationship Management


Critical Success Factors


Central Support Services


Counter-Terrorism Committee Executive Directorate

Currency risk

The risk that the fair value or future cash flows of a financial instrument will fluctuate because of changes in foreign exchange rates.

Current replacement cost

Current replacement cost is the cost the entity would incur to acquire the asset on the reporting date.

Current service cost

The increase in the present value of the defined benefit obligation resulting from employee service in the current period.

Customer Master Data

Contains the basic data for all UN customers including address information, sales, and financial data. A customer can be an individual or an organization.