Semantic tags are used for in SAP S/4HANA Cloud to calculate KPIs in analytics reports. Semantic tags are attributes that provide additional information about the meaning and purpose of a field or a value. Semantic tags enable the system to aggregate and analyze data based on common business concepts such as revenue, cost, or profit. References:

PaaS (Platform as a Service) is a cloud computing service that enables you to build and deploy applications. PaaS provides you with a cloud-based platform that includes tools and frameworks for developing, testing, and managing applications without having to manage the underlying infrastructure. References:

Settlement profile is one of the asset characteristics that controls if an asset is under construction. Settlement profile defines how an asset under construction is settled to other assets or cost objects when it is completed or partially completed. References: