Database. To summarize, a database is a physical set of tables. All users who have access to that database have access to the data in those tables (subject to security restrictions).

Domain. A domain is a template for several entities that share the same base currency, general ledger chart of accounts, and calendar. A domain requires at least one entity.

Entity. An entity is a financial reporting concept. Balance sheets and income statements are produced by entity. A domain can have multiple entities. Consolidated reports can be focused by selecting a range of entities to report. At least one entity is required.

Site. A site is an inventory planning and control concept. All inventory is stored by site, and all planning is done by site. Each site belongs to one and only one entity, but each entity can have more than one site. Almost all reports produced in the system are selected and sorted by site. To manage inventory, at least one site is required.

Location. A site can have multiple inventory locations used to physically identify and control individual items in stock. Inventory reports normally are selected and sorted by location. To manage inventory, at least one location is required.