LETS MAKE IT EASY TO UNDERSTAND
TRANSACTION CODE : In SAP a transaction code is a string or a set of characters and numbers for example PFCG/SUIM/SU01. As name suggest, we can divide the name into two parts to understand it well. Transaction means an activity which involves reading or writing of data from database. Code refers to a small piece of characters or character+ Number. So a code which is responsible to carry out a transaction is called TRANSACTION CODE. For example, in a bank website all the tasks are carried out simply by clicking on links provided on a webpage and entering the data like user id, account number and amount. Similarly in SAP all such activities are carried out by executing a t-code(synonym for transaction code). E.g, SU01, SUIM, PFCG, SE16 are some t-codes used in SAP.