Business Master Data (BMD)
Business Partner – Customer ( also could include Guarantor & Others )
Contract Account – Account Number ( Similar to Post-Paid phone account # )
Contract – Actual contract with Move-In/Move-Out dates, also used for billing.
Technical Master Data (TMD)
Installation – bridge between BMD & TMD – ties together device and registers used for billing.
Premise – Geographical location – your house or a company, building.
Connection Object – Actual address of Service provided. – your flat/apartment in a building.
Device – Mainly Electric Meter ( Could also be transformers and other Grid equipment )
Dunning – A way to collect out standing payments by repeated communications and reminders
Correspondence – Any communication to the customer in the form or snail mail or e-mail.