ABC classifications: "a system for ranking discrete categories of Items according to Pareto's 80/20 principle that states that a small percentage of items account for the largest fraction of significance". [3]
ABC code: "a classifier that names categories in an ABC classification". [3]
ABC code for carrying cost classification: "s classifier that names categories in an ABC classification that ranks discrete categories of items according to their carrying cost" [3]
ABC code for contribution margin: "a classifier that names categories in an ABC classification that ranks discrete categories of items according to their contribution margin" [3]
ABC code for revenue: "a classifier that names categories in an ABC classification that ranks discrete categories of items according to their revenue" [3]
absence: the time during which a worker is absent from work. (HR)
account balance: "the difference between the sum of debit entries and the sum of credit entries entered into an account during a financial period". [3]
account entry: "a record of the increase or decrease in economic value classified by a ledger account". [3]
account structure: a set of rules based on the main account and financial dimensions, that determine the order and values used when entering the account number.
account rule: "a rule in an accounting system that controls the valid financial dimension value combinations when the requirements of the financial dimension structure condition are met". [3]
accounting: "the practice of recording, classifying, summarizing, and reporting the financial consequences of accounting events". [3]
accounting category: "classifier used to group journal account entries according to their economic characteristics". [3]
accounting currency: "the primary currency in which financial statements are presented" [1]
accounting cycle: "the recurring set of documenting, journalizing, balancing, and statement preparation activities performed by parties that report on and analyze the financial position and performance of accounting entities". [3]
accounting distribution: defines how an amount will be accounted for, such as how the expense, tax, or charges will be accounted for on a Vendor invoice.
accounting event: "the occurrence of an accounting action in an accounting system". [3]
accounting journal: "a journal that is used to record the financial consequences of accounting events in an accounting system".
accounting journal entry: a record of original entry in an accounting system that records a date, one or more accounts, and the monetary value to be debited or credited to each account.
accounting policy: a policy that prescribes the general principles and procedures that an organization follows to prepare statements that report on its performance
accounting rule: a rule in an accounting system that controls the principles, methods, and procedures for classifying, recording, and reporting the financial consequences of accounting events.
accounts payable (AP): a subclassification of a liability account classification that describes the changes in value owed to vendors or creditors.
accounts receivable (AR): a subclassification of an asset account classification that describes the changes in value owed by customers.
accounts reconciliation: the process of matching and validating balances in the general ledger to external and internal sources or other independent calculations to ensure that month-ends and year-ends are closed accurately [source]
accrual scheme: a scheme to redistribute the costs or revenues of a journal line so that the costs and revenues are recognized in the appropriate periods
accrued revenue: "revenue earned in one accounting period but received in a subsequent accounting period".
activation fee: see setup fee.
activity: a functional work structure in which one or more persons and pieces of equipment participate and in which resources are consumed, produced, and used.
activity log: "a historic record of the state of a source document"
activity occurrence: a sequence of tasks that human and operations resources perform at specific times and locations between the start and end of an activity.
advance payment: see prepayment.
affiliation: "a link to or association with a group" [2]
aging period: "the number of days in a time period used to report an overdue customer payment balance".
agreement: "an arrangement between two or more parties based on a mutual understanding about their respective rights and obligations".
alert message: "a notification that is generated by a user-defined rule designed to notify a user of an event, condition, or status".
allocation: (1) operation used to distribute amounts across multiple ledger account combinations; (2) "an assignment of a portion of a resource for a particular use or purpose" [3]
amendment: a change made to a subscription or contract.
amortization: paying off a loan over a fixed period of time (the loan term) by making fixed payments that are applied toward both loan principal (the original amount borrowed) and interest (the charge for taking out the loan, a percentage of the principal). [2]
annual contract value (ACV): the total value of a contract over a 12-month period.
appointment scheduling: "the process of blocking time for drivers to drop off and pick up loads at the warehouse"
approve: "to manually or automatically authorize the occurrence of future events in a system".
approved vendor: "a vendor that is authorized to supply products to one or more legal entities".
asset: something of value owned by an organization or person.
asset acquisition strategy: "the planned approach or actions that an organization implements to acquire assets to support its business objectives and improve its operations" [1]
asset appraisers: "individuals who leverage their expertise to evaluate the condition, usability, and market demand for these assets in their current state" [1]
asset decommissioning: "the process of formally retiring and stopping the use of an asset" [1]
asset disposal: "the process of removing assets from an organization" [1]
asset replacement: "the process of exchanging an old asset for a new one, with the value of the old asset offsetting the cost of the new acquisition" [1]
asset scrapping: "the process of recycling salvageable components of an obsolete or non-functional asset that can no longer be used effectively" [1]
attribute: a characteristic or feature of an entity that helps define its quality, functionality, and overall value [1]
audit management: "the planning, execution, and tracking of audit activities within an organization, including internal and external audits" [1]
audit trail: a chronological record of all transactions and activities that provides a complete history of changes and actions.
auto/automatic charges: charges applied automatically when creating a sales order or purchase order.
available-to-promise (ATP): "the portion of inventory that is not allocated and which can be used to fulfill new orders and requirements" (and can be promised to a customer on a specific date).
back payment: "payment made by a customer for a past due obligation".
backflush costing: a method of accounting for costing materials that were used to produce an item.
balance forward: any unpaid portion of a previous bill.
balance sheet: "a statement of the financial position of an organization that reports the state of assets, liabilities, and equity on a specified date".
bank payment order: "a source document that documents a request for a bank to perform an electronic funds transfer service".
bank reconciliation: "the practice of reconciling a ledger account that represents a bank account by matching ledger account entries to bank statement entries".
bank statement: a list of all transactions for a Bank account over a set period (e.g. monthly).
base cost: "the amount that the retailer paid to the supplier" [2]
base price: "the sales price before trade agreements and price adjustments are applied". [2]
baseline: a fixed reference point that is used to compare the progress or changes against.
batch: "a quantity of one or more items produced in one operation".
batch balancing: the "process that adjusts the required quantities of ingredients that are used in the production of a formula based on the level of potency of active ingredient of a specific inventory batch".
batch job: "set of computer processes that can be run without user interaction".
batch process: "production process for producing items in batches"
beneficiary: "party who is designated as the recipient a benefit"
benefit: "indirect compensation or reward offered by an organization".
best price: "the smallest price amount and/or the largest discount amount that produces the lowest possible net amount that the customer must pay" [2]
bill of exchange: "a source document that documents an unconditional request for a third-party to pay a second party on demand"
bill of lading: "a business document issued by a carrier to a shipper that serves as the document of title"
bill of materials: "list of products and their quantities that are required to produce one product".
billable hours: hours worked on tasks and that can be charged to clients or customers [1]
billing cycle: the interval of time between billing statements
billing schedule: set of rules that define how and when a party (e.g. customer, vendor) can be invoiced.
billing period: see billing cycle
bin: "a handling unit for storing and transferring items"
book value: "the net value of an asset reported on a statement of financial position"
budget: "a financial plan that control expenditures for planned activities"
budget control: "the practice of authorizing expenditure only when budget funds can be reserved to meet future payment commitments".
budget forecast: "the expected expenditure or revenue per budget line during the period that is defined on the budget line" [1]
budget plan: a document that is used to develop estimates of inflows and outflows for a responsibility center.
budget plan scenario: a classification of budget plan line item estimates for budget planning that allows an organization to track budget amounts or quantities.
budget planning process: the practice to develop the financial estimates of income and expenses and inputs and outputs for a budget cycle.
budget planning stage: a description of the steps that a budget plan transitions through in a budget planning process and responsibility center.
budget plan line: an entry in a budget plan that contains information about a budget plan estimate for a monetary amount or quantity.
budget revision: "a change to a budget that affects the current and remaining available budget funds".
bulk item: "a formula item input into a product delivery activity"
bulk location: "the area in the warehouse where received items are stored until they are transported to picking locations" [2]
bundle: "the combination of a number of products for sale as one unit"
buyer group: label used to create a connection between employees, vendors, items, and planned orders (mainly for reporting purposes)
by-product: "an item produced as a consequence of producing another item"
campaign: a record to track the costs and activities related to longer-term marketing endeavors.
campaign analytics: "the process of evaluating data and metrics for a marketing campaign to derive performance insights and optimization opportunities" [1]
campaign budget: "the defined marketing expenditure that is allocated to a specific marketing campaign" [1]
capable-to-promise (CTP): "the portion of product output from available operations resources and available input product required to fulfill a specific customer requirement"
capacity: "the actual or potential ability of a resource to perform an activity or to produce output in a specified time period".
capacity load: "the maximum amount of scheduled work that a work center can perform at a required capacity level"
capacity planning: "procedure for determining the resource capacity requirements that meet the demand of future output during specific time periods.
carry forward: "to transfer closing account balances from one accounting period to opening account balances in the subsequent accounting period"
carry-forward budget: "the budget that is transferred from one fiscal year to the next and that is reserved for open purchase orders in the new fiscal year"
cash discount: "discount that depends on prompt payment".
cash receipt: "a source document that documents the receipt of cash or cash equivalents".
catch weight: "the actual or nominal weight of a sales item or inventory item"
catch weight item: a stocked item that can be purchased or manufactured.
category hierarchy: hierarchical structure that organizes and structures products or items based on their characteristics, attributes or relationships.
certificate of analysis (CoA): a report that validates that a product meets specific regulations or requirements.
charge: see service charge.
charge variance: "the difference between an expected charge and an actual charge".
chart of accounts (CoA): structured list of all the main accounts used in a ledger.
check: "a bill of exchange drawn on a bank"
churn: label associated with the cases in which a customer ends a relationship or stops engaging with a company. (CRM)
circulating card: "a reusable card that signals process and transfer activities as it circulates between the material’s point of origin and its point of consumption"
clearing account: a general ledger account that allows accountants to maintain transaction details temporarily.*
click-through rate (CTR): indicator of how often a message delivery resulted in at least one click on any of the links it contains (it’s reported as a percentage of total deliveries)
click-to-open rate (CTOR): indicator pf how often a message that was opened also resulted in at least one click on any of the links it contains (it’s reported as a percentage of the total number of unique messages that were opened)
closing: "an accounting procedure that transfers the balances of the temporary owners’ equity accounts to the permanent owners’ equity account, which leaves the temporary accounts with zero balances"
collection letter: document that communicates to a customer that one or more invoices are past due.
commitment: "a promise or obligation to perform an activity in the future".
commitment accounting: "the practice of recording the financial consequences of budget fund reservation accounting events in pre-encumbrance and encumbrance journal accounts for financial and management reporting and analysis".
committed cost: "a commitment made by a legal entity to incur a cost when a future obligation comes due".
commodity: "interchangeable products with no physical differentiation that are supplied by multiple vendors"
commodity code hierarchy: "a category hierarchy that orders categories that are created from commodity codes"
commodity pricing: "a pricing strategy for updating the price of sales items produced from commodities subject to frequent price changes".
company: the designation of a Legal entity.
compensation: "direct or indirect monetary and nonmonentary rewards in exchange for services rendered, or an award for damages sustained by an injury or by the violation of a contract".
compliance controls: "policies, procedures, and security measures put in place to ensure that an organization's activities and processes adhere to regulatory requirements and standards" [1]
compliance reporting: "the generation and submission of reports to regulatory authorities to demonstrate an organization's adherence to relevant regulations and standards" [1]
conditional sales tax: a Sales tax that is paid proportionally to the actual amount that is paid on an Invoice.
confirmed ship date: "the date that the selling party confirms that the items will ship to a customer or vendor"
conform: "to be in accordance with requirements, specifications, or explicit expectations"
consolidated invoice: "a vendor invoice that documents a sum of product quantities and monetary amounts from more than one referenced vendor invoice"
consolidated order: "a source document that documents more than one referenced order".
consolidation account: "the main account in the parent legal entity that is used for ledger consolidation".
consumption-based pricing: "a pricing model that charges customers based on their product or service usage" [source]
container: "handling unit for shipping and receiving items"
contract: "a legally binding agreement between two or more parties".
contractor: "a role assumed by a person who participates in a contractor-employer relationship with a legal entity".
conversion cycle: "a recurring set of production and logistics activities performed by parties that manufacture or distribute items".
cost: the monetary value of resources consumed or sacrificed to achieve a particular objective or goal.
cost accounting: "branch of accounting that deals with the process of identifying, measuring, analyzing, and reporting costs associated with a business operation" [1]
cost accumulation method: method used to maintain and aggregate cost accounts in order to determine the transformation cost and its allocation.
cost budget: a point-in-time snapshot of the estimated cost.
cost center: an Operating unit in which managers are accountable for budgeted and actual expenditures.
cost of goods sold (COGS): "accounting category used to sum the financial consequences of manufacturing products and carrying inventory"
cost variance: "the difference between an expected cost and an actual cost"
costing sheet: document or tool used in Cost Accounting to calculate the total cost of a product or service.
costing: "the process of calculating, assigning, and allocating the cost of economic resources acquired, produced, or delivered by an organization"
costing methodology: "a systematic approach to determining the cost of goods or services" [1]
costing version: set of cost calculations used for tracking and analyzing the costs associated with a specific item or a group of items.
credit hold: "a process or flag that prevents a customer from placing an order on credit to reduce the risk to your business of needing to write off bad debt" [1]
credit note: document that reduces the amount that a customer owes to a seller.
cross-company sharing: a mechanism for sharing reference and group data among companies [2]
cross-docking: "a warehouse process where the inventory quantity that is required for an order is directed straight from receipt or creation to the correct outbound dock or staging area. All remaining inventory from the inbound source is directed to the correct storage location through the regular put-away process". [link]
cross-selling: the act of selling additional related or complimentary products, solutions, or services to a customer
cumulative threshold: "the maximum limit of a cumulative transaction value, up to which a tax on the transaction value is not calculated"
currency: "the type of money used for financial transactions" [1]
currency policies: "the rules and guidelines that govern how different currencies are managed within the organization" [1]
currency revaluation: "the process of adjusting the value of assets and liabilities denominated in foreign currencies to reflect current exchange rates, which helps maintain accurate financial statements" [1]
current assets: assets that a company depletes in the typical course of business over the next year or business cycle, whichever is shorter.
current price: "the sales price after trade agreements and price adjustments are applied". [2]
customer advance: "a payment received from a customer in anticipation of the delivery of items or of the performance of a service"
customer and vendor balance netting: a process where the balances for a vendor and a customer are netted against each other, because the vendor and customer are the same party.
customer group: a categorization of customers that share common characteristics.
customer journey: the end-to-end experience a customer has with a brand or business. (CRM)
customer loyalty program: "structured program that rewards customers with incentives or other benefits for loyal buying behavior"
cutover: the process of transition from the old system to the Dynamics 365 application.
cycle counting: a warehouse process for auditing the on-hand inventory items.
cycle time: "the time taken to complete an activity"
deliverables: the outputs of a project, as defined in project's scope.
delivery note: "a business document that documents the delivery of products between two parties"
delivery schedule: "a schedule for the planned delivery of products". [3]
demand: the quantity of a particular commodity, service, or other item customers ordered during a period of time*
demand during lead time: "the average daily demand for a product multiplied by the average lead time". [3]
demand forecast: "a prediction of future product demand". [3]
demand forecasting: "the business process that estimates future demand and creates demand forecasts based on historical transaction data".
demand planning: the (business) process of outlining and managing the customer demand for products and services
department: an Operating unit that represents a category or functional part of an organization that performs a set of business-specific tasks (sales, procurement, accounting).
dependent: "a role assumed by one person, place, or thing that participates in a relationship". [3]
depreciation: "the expiration of a portion of the original cost of a fixed asset during a specific time period".
derivation rule: "rule to determine a classifier for classifying the financial consequences of an accounting event"
destination company account: "the legal entity that is the recipient of a liability in an intercompany economic transaction". [3]
destination inventory location: "an inventory location where materials required by a final kanban production activity or transfer activity are received". [3]
destination-based sales tax: "a sales tax levied in some states in the united states on a product based on the destination in which the buyer takes ownership or receives the product". [3]
dimension: "a classifier that characterizes the magnitude or extent of a quantifiable property of an object or activity". [3]
dimension derivation rule: "a rule to determine a ledger dimension for classifying the financial consequences of an accounting event". [3]
dimension-based configuration: "a configuration technology used to create product variants by selecting values for product dimensions". [3]
dimensionless measurement: "a measurement whose dimension is one and whose unit of measure is either a dimensionless unit of measure or the unit one". [3]
direct compensation: "the fixed and variable compensation awarded to an employee in exchange for services rendered". [3]
direct cost: cost that can be traced to a unit of finished (produced) goods.
direct delivery: Sales order for which the products are shipped directly from the supplier to the customer.
direct expenses: expenses are those that are directly tied to the project itself [1]
disallowed vendor: "a vendor that is not authorized to supply products to one or more legal entities". [3]
disciplinary review: a formal process used to address employee performance or conduct issues [2] (HR)
discount: "a fixed amount or percentage deducted from a quoted price or price total". [3]
discount period: "the time period within which a customer can discount their payment obligation". [3]
discount variance: "the difference between an expected discount and an actual discount". [3]
distinct product: "a uniquely identifiable product". [3]
dock management: "a warehouse process where you can control inventory items for multiple orders, shipments, loads, or waves at the docks when inbound items are received or outbound items are loaded" [3]; "the process of assigning loads to dock doors in a warehouse" [1]
document blocking: "a method of placing an operations process on hold while ordered items are in a quality assurance process". [3]
document management system: "an application service for storing and handling an organization's documents". [3]
downgrade: an amendment or change to an existing contract in which the customer opts for a lower service level
dual currency: the ability to manage and report financial data in two currencies simultaneously [1]
due upon receipt: a payment term that specifies that the payment is due immediately upon the receipt of the invoice.
dunning note: see Collection letter.
duty: (1) "a responsibility to perform one or more tasks or to provide services for a job". [3] (2) "in the security model, a set of application access privileges that are required for a user to carry out their responsibilities". [3]
earnings: the net income after taxes and other expenses have been deducted.
early termination: the cancelation of a subscription before the end of its term.
economic event: "the occurrence of an economic exchange action in an economic system". [3]
economic resource: "a resource that is consumed, produced, and used to add value to an organization’s product delivery activities". [3]
effective date: the start date from which contract terms, pricing or service take effect
effective end date: the end date from which contract terms, pricing or service take effect
electronic filing: "the process of submitting documents to an authority using an electronic communications medium". [3]
electronic funds transfer (EFT): "a networked system for transferring funds from one bank account to another". [3]
employee: "a role assumed by a person who participates in an employee-employer relationship with a legal entity". [3]
employee compensation: "direct or indirect monetary and nonmonetary rewards offered to an employee by an organization". [3]
encumbrance: "a commitment made by legal entities to reserve budget funds for expenditure obligations". [3]
Engineering Change Management (ECM): "the process of making sure that changes to a product's design or engineering specifications are properly reviewed, approved, and implemented in a controlled and consistent manner" [1]
entitlement: a support agreement that articulates the precise quantity, level, and type of support a customer is entitled to during a defined time period. (CRM)
entity: "an object that can be uniquely identified". [3]
equity: "the net worth of an organization after deducting liabilities from assets". [3]
escalation path: "a series of workflow escalation actions that can be taken to complete a workflow work item when it cannot be complete by the current assignee". [3]
estimated cost: "the approximate cost incurred in the performance of an activity". [3]
European Article Number (EAN): "a 13-digit international barcode standard maintained by gs1". [3]
event: "the occurrence of an action in a system". [3]
Every Product Every (EPE): "a lean concept that is used to establish a regular repeating production cycle". [3]
exceptional threshold: "the maximum limit of an individual transaction value that is a part of a cumulative transaction value, up to which a tax on the transaction value is not calculated. the exceptional threshold is applied to an individual transaction value that is a part of a cumulative transaction value that is within the cumulative threshold". [3]
exchange rate: "the value of one exchange currency unit relative to another exchange currency unit". [3]
exchange rate adjustment: "a modification to a converted monetary amount when the exchange rate between the quotation unit and the base unit change". [3]
exchange rate type: "a classification that groups exchange rates". [3]
exit interview: a structured process conducted when an employee leaves an organization voluntarily or involuntarily [2] (HR)
expenditure: "a cost or expense that is expended during an accounting period". [3]
expenditure cycle: "a recurring set of procurement, receipt, payment, and transfer activities controlled by one or more parties that participate in exchange and nonexchange transactions". [3]
expenditure recognition accounting rule: "a recognition accounting rule that prescribes the recognition of expenditure in accounts and on financial statements". [3]
expense: "a cost that expires when the benefits that incurred the cost are received during an accounting period". [3]
expense policy: "a formal set of guidelines that clearly outlines what constitutes an approved expense and what doesn't" [1]
expense product: "a received product that is a current asset, not held for sale or consumed in production, and for which there is no stock control policy requiring quantity tracking or inventory control policy requiring stock value tracking, and for which there is an accounting policy requiring the recording of the cost as an expense". [3]
expiration date: "the date on which something ceases to be effective". [3]
extended price: "the price of a quantity of product expressed in purchase units calculated from the sales unit price, multiplied by the product quantity in purchase units, divided by the sales unit quantity". [3]
face value: "the stated value that is displayed on the face of a monetary unit, such as a bill, coin, or gift card. for gift cards, the face value is the starting balance, which was paid when the gift card was issued". [3]
feeder flow: "a production flow that can supply other downstream production flows". [3]
FIFO [inventory valuation method]: "a method of inventory valuation in which inventory is assumed for accounting purposes to move in the order it was received, regardless of its actual physical movement". [3]
filler ingredient: "a type of ingredient in a formula that is used to increase the total quantity of a product. the filler ingredient has no chemical influence on any of the active ingredients in the formulation". [3]
financial dimension: attributes or categorizations assigned to transactions and main accounts to provide additional information for reporting and analysis.
financial dimension value: "a data element in the domain of a financial dimension". [3]
financial dimension value constraint: "a hierarchical financial dimension relationship that restricts the set of all possible financial dimension value combinations to a set of valid financial dimension value combinations". [3]
financial period: specific time intervals (e.g. months, quarters) in which financial transactions are recorded.
financial statement: "a report that documents the financial information and financial position of an organization". [3]
financial tag: value assigned to transactions and the corresponding accounting entries to categorize them for reporting and analysis purposes [1].
finished good: product that in its final state is ready to be sold.
fiscal document: "a legal document that registers the transfer of ownership of an item or service that is provided by a fiscal establishment (issuer) to a person or another fiscal establishment (customer, vendor, subsidiary, or branch)".
fiscal period: "a time period division of a fiscal year". [3]
fiscal year: "an approximate 12-month fiscal period used by an organization that prepares annual financial statements". [3]
fixed asset (FA): asset that a company owns and uses in the daily operations of the company and is not intended for resale to customers [1].
fixed asset insurance: "a type of insurance that covers the physical assets of a business" [1]
fixed asset tracking: "the process of recording and monitoring the information of the assets owned by an organization" [1]
fixed asset transfer: "process of moving an asset from one location, department, or owner to another within an organization" [1]
fixed compensation: "compensation, independent of performance, that is awarded to an employee by an organization". [3]
fixed cost: "a cost that does not vary with changes in product delivery throughput or output". [3]
fixed exchange rate: "an exchange rate that pegs one currency's value to another currency's value". [3]
fixed location: "a permanent location that is assigned to an item in a warehouse. multiple items can have the same fixed location, and a single item can have multiple fixed locations". [3]
fixed quantity kanban: "a type of kanban that is used when the number of kanbans that are assigned to a kanban rule is constant". [3]
fixed-price project: "a type of project in which the customer pays a predetermined amount for the entire project". [3]
fixed-price project estimate: "the estimated total cost to complete a fixed-price project". [3]
flat-rate pricing: pricing structure that charges a single fixed fee for a service, regardless of its usage
flat fee: see flat-rate pricing.
forecast dimension: "a dimension that is used to characterize the level of detail for which a forecast is defined". [3]
foreign currency revaluation: "a procedure for recording revalued assets and liabilities that account for differences in exchange rates between an original transaction currency unit and accounting currency unit conversion and a period end transaction currency and accounting currency conversion". [3]
foreign currency translation: "a procedure for recording revalued functional currency account balances when restating account balances in a reporting currency". [3]
foreign currency unit: "a currency unit of a country/region that is not the functional currency unit of the primary legal entity". [3]
formula: "a numeric relationship among production process inputs and production process outputs". [3]
formula item: "an output of a batch process controlled by a formula". [3]
Free on Board (FOB): "a shipping method that establishes the point at which ownership of goods passes to the buyer. the fob can establish ownership when an item is damaged in transit". [3]
free-text invoice: invoice that isn't based on a Sales order.
freight forwarder: "a person or company contracted by a customer to consolidate loads into shipments and then transport and deliver those loads to specified destinations". [3]
freight terms: "the agreed-upon method for handling shipping costs. freight terms identify the party responsible for the payment of freight charges". [3]
fully qualified account number: "a ledger account number in which all segments of an account structure are entered and validated". [3]
functional currency unit: "a currency unit of a country/region in which a primary legal entity locates its business activities and in which it generates most of its revenue and expenses". [3]
general budget reservation: "a document that is often used by public sector entities to set aside or earmark budgeted funds so that those funds are not available for other purposes". [3]
general journal: journal used to post financial transactions to general ledger accounts and other accounts, such as bank, customer, and vendor accounts.
general ledger (GL): "central repository in an accounting system that contains all the financial transactions and balances of an organization" [1].
generic engine: "an engine that determines the apportionment of freight charges by weight". [3]
giro: "an electronic funds transfer system available in the European Union that permits a payer to transfer funds from their bank account to a payee's bank account". [3]
global address book (GAB): a directory of postal and electronic addresses of the organizations and individuals that participate in a business with the Company. [2]
Goods and Services Tax (GST): "a value-added tax levied in some countries/regions". [3]
goods in transit: "items that have been dispatched from the shipping location but have not yet arrived at the delivery location". [3]
goodwill: "the difference between the perceived value and the book value of an asset". [3]
grace period: "the time period beyond a specified date during which an obligation can be fulfilled without penalty". [3]
granularity attribute: "the unique combination of dimension values that represents the level of detail at which a forecast is generated" [1]
gross amount: "an amount excluding deductions, charges, and adjustments". [3]
gross margin: "the difference between the sales and the direct costs of the products sold". [3]
group: "a set of objects that share a common relation". [3]
handling unit: "a uniquely identifiable logistics unit of material that can be transferred, stored, received, and shipped". [3]
hard booking: "a project booking that commits a resource to a project or activity, usually for a specified period of time on a project schedule". [3]
harmonised sales tax (HST): "a value-added tax (vat) levied in some canadian provinces that combines the goods and services tax (gst) and the provisional sales tax". [3]
heijunka: "a method of production scheduling that levels the production flow and that places the production schedule in a visible location so that any production issues can be seen at an early stage". [3]
hot-swap: "to replace an assembly file with a revised assembly file in a running system (in-progress sessions continue to access the original assembly from active memory)". [3]
hot-swapping: "the replacement of an assembly file with a revised assembly file in a running system. in-progress sessions continue to access the original assembly from active memory". [3]
human capital management cycle: "a recurring set of recruitment, hiring, training, compensation, and performance evaluation activities performed by parties that compensate employees and contractors in exchange for services". [3]
ideal customer profile (ICP): an idealized type of company that’s most likely to buy your products and services, become long-term users, and recommend you to others.
inbound port: "a port for servicing inbound requests". [3]
inbound dock: "the locations in the warehouse where goods are received" [2]
indirect compensation: "the fixed compensation awarded to an employee in order to promote employee retention". [3]
indirect cost: "a cost that is not directly attributed to the production of an item or the performance of a service". [3]
indirect expenses: expenses that aren't directly tied to a single project but may be distributed across multiple projects. (see overhead costs)
input area: area in the warehouse that are designated for item placement upon receipt [2]
internal controls: "processes and mechanisms implemented within an organization to safeguard assets, ensure accurate financial reporting, and ensure compliance with policies and regulations" [1]
interest note: a statement used to charge a fee to customers for late payment of invoices [1]
input VAT: "the tax on an organization’s purchases or input supplies, which is levied on the purchase price". [3]
inspection item: "an itemized product that participates in an inspection process". [3]
intercompany: "occurring between or relating two or more legal entities that are part the same organization that consolidates the accounts of all legal entities". [3]
intercompany customer invoice: "a customer invoice that documents a customer payment request from one legal entity to another legal entity that is part of the same organization that consolidates the accounts of both legal entities". [3]
intercompany master scheduling: "the process for generating a timetable for two or more legal entities that are part the same organization". [3]
intercompany purchase order: "a purchase order that one legal entity generates from a sales order sent by another legal entity that is part of the same organization that consolidates the accounts of both legal entities". [3]
intercompany sales order: "a sales order that one legal entity places with another legal entity that is part of the same organization that consolidates the accounts of both legal entities". [3]
intercompany transaction: "an economic transaction between legal entities that are part of the same organization that consolidates the accounts of the legal entities". [3]
intercompany vendor: "a legal entity that assumes the role of a vendor that is authorized to supply products to one or more legal entities that are part of the same organization that consolidates the accounts of all of the legal entities". [3]
intercompany vendor invoice: "a vendor invoice that documents a vendor payment request from one legal entity to another legal entity that is part of the same organization that consolidates the accounts of both legal entities". [3]
interest: "an amount charged for the use of money or credit". [3]
interest note: "a source document that documents an interest payment obligation". [3]
interunit accounting: "an accounting process where due-to and due-from account entries are automatically created to ensure that an accounting entry is balanced for one or more specified financial dimensions in a legal entity". [3]
in-transit lead time: "the lead time required for an item to leave the shipping party and arrive at the receiving party". [3]
Intrastat: "the system for collecting and generating statistics on the trade of items between countries/regions in the european union". [3]
inventory: "items that an owning organization uses in its product delivery activities. the value of an item is calculated by using an inventory valuation method and is recorded in inventory accounts". [3]
inventory blocking: action performed to prevent items from being processed or consumed.
inventory dimension: attribute used to categorize, track, and manage the movement of items in inventory.
inventory item: "an itemized product that participates in an inventory process". [3]
inventory journal: journal used to post physical inventory transactions of various types (e.g. the posting of issues and receipts, inventory movements, the creation of BOMs, and the reconciliation of physical inventory).
inventory location: "a functional storage facility where the stock value is recorded in accounting journals using inventory account classifications". [3]
inventory recalculation: procedure that calculates the inventory cost in the warehouse and adjusts the inventory issuances, according to the inventory value model (the valuation method).
inventory registration policy: "a policy that controls when stock that is stored in a supermarket is registered as inventory". [3]
invoice: "a source document that documents a payment request from another party" [3]; "document that details one or more transactions between a seller and a buyer".
invoice matching: "the practice of matching vendor invoice prices and product quantities to purchase orders and product receipts". [3]
invoice payment terms: "conditions that specify when and how a customer should pay an invoice" [1].
invoice proposal: a preliminary invoice that can be reviewed before creating a customer invoice for project transactions.
invoice reconciliation: "the process of comparing and matching supplier Invoices with Purchase orders and receipts to ensure accurate payment and track manufacturing costs" [1].
issue slip: "a report that is generated by a bailor when items are shipped to a bailee for storage purposes". [3]
item: a tangible or intangible product or component that a business tracks.
item allocation key: "a product family grouping that is used for forecast and demand scheduling". [3]
item model group: set of settings that determine how items are controlled and handled upon item receipt and issue.
item relation: "a reference to the item allocation group or the item and its product dimensions in a kanban rule". [3]
item sales tax group: group of sales tax codes that are attached to resources like products.
job: (1) "an occurrence of an activity performed between specific start and end times and at specific locations"; (2) "a grouping of responsibilities, duties, and job functions that compose an activity". [3]
job description: "a statement of the essential responsibilities, duties, job functions, and requirements of a job". [3]
job function: "one or more tasks, duties, and responsibilities that are assigned to a job". [3]
job order costing: "a costing method that uses production orders to assign incurred production costs to specific jobs". [3]
journal: "a register of original accounting entries". [3]
journal entry: "a record of the financial consequence an accounting event". [3]
journalize: "to record the financial consequences of accounting events in the subledger journal". [3]
kanban: "a signal that communicates a requirement for a quantity of product". [3]
kanban card: "a printed document that represents a kanban on the shopfloor, on a physical kanban board or heijunka board, in a shipment, or in inventory". [3]
kanban job: "a process or transfer activity in a production flow that is triggered by a kanban". [3]
kanban job consumption: "the withdrawal of product components from inventory in order to complete the kanban production jobs". [3]
kanban product quantity: "the number of item requirements that are carried on a kanban based on a kanban rule". [3]
kanban quantity: "the numeric parameter in a kanban rule that controls the number of kanbans to create when the rules product requirement condition is met and the rule is evaluated". [3]
kanban rule: "a rule in a lean manufacturing system that realizes material planning and replenishment policies by controlling how process and transfer activities are coordinated in production flows". [3]
lead: a potential customer who has shown interest in buying a product or service but hasn't been qualified as a viable prospect. (CRM)
lead conversion: "the act of transitioning a qualified lead into a sales pipeline opportunity" [1]. (CRM)
lead enrichment: "the process of augmenting lead records with additional data from various sources" [1]. (CRM)
lead nurturing: the process of "ongoing communication with leads to develop awareness and interest over time" [1]. (CRM)
lead score: "a numeric rating that is assigned to a lead to indicate sales readiness" [1]
lease contract: a legal document that describes the terms under which the owner of an asset (the lessor) agrees to let a user (the lessee) use the asset, who, in turn, agrees to uphold the terms [1]
lease payment schedule: "the predetermined timeline and structure for making lease payments under a lease agreement" [1]
ledger: "the part of an accounting system that is used for classifying the monetary value of economic transactions by using a chart of accounts, a fiscal calendar, and one or more currencies". [3]
ledger account: "a classifier created from the combination of main account value and other financial dimension values listed in a chart of accounts and used to classify the financial consequences of economic activity". [3]
ledger allocation rule: rule used to automatically calculate and generate allocation journals and account entries for the allocation of ledger balances or fixed amounts.
ledger dimension: "a classifier created from the combination of financial dimension values listed in a chart of accounts and used to classify the financial consequences of economic activity". [3]
ledger reconciliation: "the practice of reconciling general ledger accounts". [3]
legal entity: "an organization with a registered or legislated legal structure that is granted the authority to enter into legal contracts and that is required to prepare statements that report on its performance". [3]
lessee: an individual or entity that has a lease agreement with a lessor to obtain the temporary right to use or lease an asset in exchange for periodic payments [1]
lessor: "an individual or entity that owns an asset and grants the right to use or lease that asset to another party in exchange for rental payments" [1]
liability: "a classifier used to classify the value of economic resources that are owned by creditors". [3]
license code: "an alphanumeric key that grants a party the right to use software or software components as prescribed in the terms of the license agreement, and that activates and inactivates software modules, software capabilities, and software functions". [3]
license plate number: "a unique number that is assigned to a warehouse entity such as a pallet, bin, cart, or individual item for tracking inventory". [3]
LIFO [inventory valuation method]: "an inventory valuation method in which inventory that is received most recently is considered sold or used first for accounting purposes". [3]
line item workflow: "a workflow created for each line item in a workflow document". [3]
line item workflow work item: "a workflow work item that is created by a line item workflow instance". [3]
liquidity: "the ability of a party to use current assets to settle current liabilities". [3]
liquidity classification: "a systematic organization of time intervals that predict the liquidity of a party". [3]
liquidity ratio: "the proportion of a party's current assets that can be used to settle current liabilities". [3]
load: "the maximum amount of activity that can be performed by a resource in a time period" [3]; physical shipping container (e.g. truck or a trailer) that can contain one or more shipments [1]
load planning: "the process of scheduling, picking, packing, and consolidating one or more shipments of warehouse inventory items for transportation and delivery". [3]
location: (1) "a geographic point or region"; (2) "a physical address"; (3) "an electronic address"; (4) "a functional facility". [3]
location profile: a logical or physical grouping of locations that have the same warehouse location process policies.
lot: "a quantity of one item or a number of items of the same kind". [3]
lot inheritance: "the practice of configuring items so that their product characteristics and shelf life information can be updated based on their ingredients". [3]
lot number: unique identifier for an entire batch of Products.
loyalty program: "a structured program that rewards customers with incentives or other benefits for loyal buying behavior". [3]
main account: a General ledger account used to record financial transactions, balances, or totals that pertain to assets, liabilities, revenues, expenses, and owner equity.
main account category: a second level of classification used as a grouping layer for the main accounts based on their role in the financial statement.
main account derivation rule: "a rule to determine a main account dimension for classifying the financial consequences of an accounting event". [3]
mandate: (1) "the authorization given by a payer to a payee, or by the institution with which the payer's account is held, consenting to the debiting of the payer's account" [3]; (2) "an authorization or command issued by a government authority" [3]
marketing automation: automation of marketing tasks across channels to enable a personalized approach to customer relationship management. (CRM)
marketing list: a group of contacts, accounts or leads that share specific criteria
marketing campaign: "a strategic marketing effort across one or more channels over a period of time to promote a product, service, or brand" [1].
master scheduling: "the process for generating a timetable for matching supply with demand". [3]
matching policy: "a policy that controls the purchase order, product receipt, and vendor invoice matching requirements in the accounts payable process. the policy can mandate no matching requirement or a combination of unit price matching, extended price matching, quantity matching, line matching, or total matching requirements". [3]
metered billing: charging method based on the actual product or service consumption
mileage engine: "an engine that determines the mileage that freight will travel between its origin and destination points, and calculates the shipping rate for the freight accordingly". [3]
milestone billing: "a method of requesting payment when predefined milestones are reached". [3]
milk run: "a freight delivery route that entails two or more stops, where the carrier delivers loads either from a single supplier to multiple buyers or from multiple suppliers to a single buyer". [3]
miscellaneous charge: see service charge (used in earlier versions).
monthly recurring revenue (MRR): the income a company anticipates receiving every month
multiple-element arrangements: "business contracts that involve multiple distinct performance obligations (e.g. products, services, software licenses, or intellectual property rights)". [source]
net amount: "the amount including all deductions, charges, and adjustments". [3]
net book value: "the value of a fixed asset calculated as the difference between the original cost of the fixed asset minus its accumulated depreciations". [3]
nominal account: "an account that is closed out each fiscal period and whose balance is transferred to retained earnings account". [3]
non-billable hours: hours worked on tasks, though aren't directly chargeable to clients [1]
non-negotiable check: "a non-negotiable instrument ordering a drawee organization to pay a specified amount of money to the holder". [3]
non-negotiable instrument: "a document of title or written order that cannot be bought, sold, exchanged, or transferred". [3]
non-recoverable sales tax: "a sales tax levied on purchased products that is not deducted from the sales tax levied on the sale of the purchased products when both sales taxes are paid by the same party". [3]
not-stocked product: a Product of the item or service type that cannot be tracked in inventory but can still be handled through the receiving and shipping processes.
nonconformance - the process of creating a nonconformance order that describes a quantity of nonconforming material, the problem source, the problem type, and explanatory notes.
nonoperating income: "income that includes profits or losses from activities that are not related to an organization’s core operations. examples of nonoperating income include revenue from dividend income, profits and losses from investments and foreign exchanges, and asset write-down income". [3]
not sufficient funds: "the lack of enough funds in an account to cover a payment or withdrawal". [3]
notification: "a communication generated by the occurrence of an event that a system or user asynchronously sends for receipt. a notification message is a communication that is intended to be read by a recipient". [3]
number sequence: a list of generated readable, unique identifiers for master data records and transaction records that require them.
obligation: "a legally binding commitment". [3]
occupational illness: "an illness caused by exposure to environmental factors in the work environment". [3]
occupational injury: "an injury resulting from an accident in the work environment". [3]
offset account: "in double-entry accounting, the account used to balance a transaction so that debits equal credits". [3]
offset account: "an account used to reduce the gross amount of another account to create a net balance". [3]
on account: "the extension of credit for purchases". [3]
on hold: "the state of an operational process that has been suspended or the status of a document and product that participate in a process that is suspended". [3]
on-account payment: "a fixed installment payment that is agreed to in a payment plan". [3]
one-dimensional measurement: "a measurement with a single characterization of the magnitude or extent of the property of an object". [3]
on-hold fiscal period: "the state of a fiscal period that can be reopened and that prevents its use as a time period classifier for account entries". [3]
open: "the state in a period in which activity can occur, the state of an operational process, or the status of a source document". [3]
open fiscal period: "the state of a fiscal period that allows its use as a time period classifier for account entries". [3]
opening balance: "the balance of an account at the beginning of a fiscal period". [3]
operating unit: an organization used to divide the control of economic resources and operational process
operations journal entry: "a record of the operational and legal consequences of a resource flow event". [3]
operations register: "a register that is used to record the operational and legal consequences of resource flow events in an accounting system". [3]
operations resource: "an economic resource provided by products that flow into or flow out of operations activities". [3]
opportunity: "a potential revenue-generating event, or sale to an account, that needs to be tracked through a sales process to completion" [3]; "a potential customer who has a higher likelihood of making a purchase, and who requires further engagement and nurturing by the sales team" [1] (CRM)
opposite account: "an account used to balance the gross amount in part or in whole of one or more referenced accounts in an accounting equation". [3]
optical character recognition: "a method of translating images of printed text into machine-encoded text". [3]
order discount: "a fixed amount or percentage deducted that applies to an order total". [3]
order entry: "a method of capturing sales orders and purchase orders using a software application". [3]
organization: "a work structure that divides the responsibility for economic resources and processes". [3]; a group of people who are working together to carry out a business process or achieve a goal.
organization hierarchy: "a structure that orders organizations using a superordinate-subordinate relationship". [3]
organizational hierarchy: a hierarchy that defines the relationships between the organizations that participate in the business.
organization model: "internal control, data access, and performance reporting structures designed to divide responsibility for human and operations resources and work processes". [3]
outbound port: "a port for servicing outbound requests". [3]
outbound dock: "the locations in the warehouse where goods are shipped from" [2]
output product: "the physical products that result from an activity". [3]
output VAT: "the tax on an organization’s sales, which is levied on the sales price". [3]
overhead costs: costs that cannot be traced directly to a unit of finished goods.
packing slip: "a source document that documents the item quantities in a shipment". [3]
partially qualified account number: "a ledger account number in which all segments of an account structure are not entered". [3]
participant: "a party that contributes to a process or assumes a role in a relationship". [3]
party: a person or an organization that is involved in a business with the Company.
patch layer: "an application layer that is paired above an application layer, and used only for hotfixes and service packs. the name of each patch layer ends with the letter 'p', and one pair is named sys and syp". [3]
payment: "a past, present, or future settlement of an obligation". [3]
payment amount: "a quantity of currency that is offered or accepted to settle a past, present, or future obligation". [3]
pegging: "the process of tracing the quantity of a required item to its source". [3]
pegging event: "a resource flow event that signals the demand for a product". [3]
pending closed: "the state when the period or operational process can only transition to a closed state, or when a source document can only transition to a closed status". [3]
per-diem: "the daily allowance paid to employees for expenses incurred while traveling for work" [1]
performance dimension: "a dimension used to distinguish and categorize key performance activity against objectives". [3]
permission: "one or more securable object permissions that secure access to logical units of application data and functionality". [3]
performance journal: a journal where employees can record relevant activities, events, and accomplishments related to their work performance. (HR)
performance review: a structured process used to evaluate an employee’s performance, set goals, and provide feedback. (HR)
petty cash: a small amount of money kept on hand for small purchases or expenses.
phantom bill of materials item: "a bill of materials item that is produced but not stocked". [3]
phantom item: "an item that is produced but not stocked". [3]
picking area: an area assigned throughout a warehouse to group items that should be picked at the same time or by the same person [2]
picking list: "a list of the items, along with their quantities and locations, that are required to fill a manufacturing order or shipping order". [3]
picking location: "the area where items are stored until they are picked for shipment" [2]
plan: "an anticipated progression of interrelated activities that do not have assigned start and end times or assigned resources". [3]
planned intercompany demand: "predicted demand for a product by a legal entity that assumes the role of a vendor. the planned demand is generated from planned demand for the product from a downstream legal entity". [3]
planned (production) order: "a source document that documents production requirements generated from a production plan". [3]
planned purchase order: "an order proposal generated by a master scheduling calculation to fulfill a requirement for a purchased item". [3]
point of sale (POS): "the place at which the ownership of products is transferred from the seller to the buyer in exchange for payment". [3]
point of sale terminal: "a computer terminal at the point of sale that records and tracks the ownership and transfer of products from the seller to the buyer in exchange for payment". [3]
policy: "one or more rules or procedures that operationalize internal controls". [3]
policy processing sequence: "the order in which conflicts between policy rules are resolved. policy rules defined at a lower level of the sequence always override conflicting policy rules at higher levels of the sequence". [3]
policy rule: "a rule in a policy that controls the actions that can or must be taken when the requirements of the condition are met". [3]
port: "an inbound or outbound service endpoint that binds a communications protocol and data contract with a network address". [3]
position: an individual instance of a job. (HR)
post/posting: operation that records the monetary value of an economic event in a specific account, or summarizes and reclassifies general and subsidiary journal account entries into general and subsidiary ledger account entries.
post-event: "an asynchronous event whose handler runs only after the action that raised the event is complete". [3]
posting groups: mappings between entities (customers, vendors, items, resources, sales and purchase documents) to general ledger accounts.
posting layer: "a current, tax, or operations ledger classification that is assigned to accounting journal entries". [3]
posting profile: integration point between the Subledger and the General ledger that defines the set of main accounts that are used to generate the automatic ledger entry in which a transaction has occurred.
potency: "a relative measure of the strength characteristic of an item". [3]
potency management: "a method of classifying and managing active ingredients and items that contain a particular concentration of an active ingredient". [3]
practice: "a repeatable process that improves or maintains performance". [3]
praise: a positive acknowledgment or recognition given to a colleague or employee [2]
pre-encumbrance: "a commitment made by management to reserve budget funds for expenditure requests". [3]
preparer: "the person who creates a source document to initiate a request for economic resources". [3]
prepayment: a payment made before the goods or services are received, or before a debt is due.
prepayment journal voucher: "an amount that is paid for items or services that have not been received". [3]
price: "the market value or exchange value of a product". [3]
price adjustment: "a modification to a quoted price" [3]; "a modification made to the overall price of a contract to take account of legitimate changes in the costs of performing it".
price discount: "a discount applied to a quoted price". [3]
price variance: "the difference between an expected price and an actual price". [3]
prior period adjustment: "an accounting journal entry entered in a current fiscal period that corrects an error in accounting for an economic event that occurred in a fiscal period that is currently closed". [3]
privilege: "one or more permissions a user requires to perform a task". [3]
pro forma invoice: "a business document that is a view of a customer invoice or vendor invoice that documents a payment request but is not an offer or a demand for payment". [3]
probation notice: a formal communication used during an employee’s probationary period [2] (HR)
proration - adjusting a customer's bill amount to reflect any changes made to the existing plan in the middle of a billing cycle [2]
procedure: "a repeatable sequence of steps that are followed in a specific order to meet the requirements of a task". [3]
process: "a functional work structure that an organization is responsible for designing, controlling, and improving. a process comprises a coordinated set of activities in which one or more participants consume, produce, and use economic resources to achieve one or more organizational goals". [3]
process batch: "the quantity of one or more items that is produced or that can be produced". [3]
procurement catalog: "a listing of product offerings that are grouped by procurement category. a procurement catalog is used to request products for internal use by an organization". [3]
procurement category hierarchy: "a category hierarchy that orders categories that are created to group products that have similar procurement management and accounting characteristics". [3]
product: "an item, service, or right that is output from an economic activity". [3]
product attribute: user-defined fields that allow to describe Products and their characteristics.
product category: "a logical grouping of the products that a business sells, based on common characteristics, attributes, features, or usage" [1].
product component: "a part of a product". [3]
product dimension: "the size, color, or configuration product attributes that are used for dimension-based configuration". [3]
product family: "a unique grouping of items, services, or rights that either participates in the same production or delivery activities or that are offered to the same market segments". [3]
product hierarchy: "a structured system for organizing and categorizing products in a business or organization" [1]
product information management: the process of managing information about Products.
product item: "an item that is a type of product". [3]
product lifecycle management (PLM): "the process that an organization uses to manage a product from its initial design and development through its retirement and disposal" [1].
product master: "a standard or functional product representation that is the basis for configuring product variants" [3]; a record that contains all the relevant information about a Product.
product receipt: "a source document that documents the receipt of products ordered, the receipt of products returned, or the receipt of products received on consignment" [3]; the process of recording the receipt of ordered products, so that the Purchase order lines can then be processed for invoicing [2]
product sequencing: "the practice of classifying and managing characteristics of items so that products with similar characteristics can be scheduled to be produced together". [3]
product variant: a variation of a Product in terms of specific attributes, such as size, color, style, or configuration.
production flow: "a production process designed using lean principles". [3]
production flow model: "a representation of the production capacity provided by a group of work cells in a production flow process". [3]
production order: "a source document that documents the requirements for producing items to meet a demand". [3]
production plan: see production schedule
production planning period template: "a user-defined timetable that is used to structure and display existing product requirements". [3]
production schedule: "a schedule to produce a specific item and item quantity at a specific time and by specific human and operational resources". [3]
production signal: "a documented notification of a resource flow event that triggers a production or transfer activity". [3]
professional experience: a historical record of activities, tasks, or projects that a person has completed. Users [2] (HR)
profit: "the difference between revenue obtained from sales and expense incurred in product delivery activities". [3]
profit margin: "a measure of profitability that is calculated by using the formula: profit margin = net income before tax and interest / revenue (it can be expressed as a percentage or a number)". [3]
progress billing: "a method of requesting payment when work progress objectives or rate targets are reached". [3]
project: "a program of work". [3]
project budget: "the total projected costs that are needed to complete a project over a defined period of time" [1]
project budget revision: "a change to a project budget that affects the current and remaining available budget funds". [3]
project contract: "a formal written agreement between an organization (the contractor) and a client (the buyer) that defines the terms and conditions of a project or business transaction" [1]
project estimate: "a projection of the cost and schedule of work on a project" [1]
project funding rule: "a rule in a project system that controls how project activities are funded by one or more funding sources based on project criteria and other conditions". [3]
project quotation: "a source document that documents an offer to supply a quantity of products output from project activities for a specified price and by a specified date in response to a request for quotation in a sales process". [3]
project resources: the resources in terms assets, materials, tools, or personnel that are required to run and complete a project [1]
project scope: a definition of the boundaries of the project (what is considered and what not)
project task: "a specific unit of work in a project that contributes to the overall completion of the project's objectives" [1]
projected available inventory: "the inventory quantities that are expected to be available at a future point in time calculated by adding scheduled supply to on-hand inventory and subtracting scheduled demand". [3]
promissory note: "a source document that documents an agreement between two parties based on an understanding that one party will commit to paying the other party at a specified time or on demand". [3]
promotional allowance: "a payment offered to a customer by a vendor in exchange for promoting their products". [3]
prospect: "a participant that has the existing and potential ability to provide a service or probable future economic benefit to a legal entity". [3]
prospective vendor: "a vendor whose abilities or capabilities to supply products to one or more legal entities are under review before being granted an approved vendor status". [3]
purchase agreement: "a source document that documents an agreement between two or more parties based on an understanding that a buying party will commit to purchasing a specific quantity or value of product over a period of time in exchange for favorable prices and discounts". [3]
purchase agreement policy: "a policy that authorizes parties to modify purchase agreement terms". [3]
purchase item: "an itemized product that participates in a procurement process". [3]
purchase order (PO): "a source document that documents the offer to buy products or the acceptance of an offer to sell products in exchange for payment". [3]
purchase order discount: "an amount deducted from the total net amount calculation on a purchase order". [3]
purchase order over-delivery percentage: "the percentage by which product receipt quantities are allowed to exceed the purchase order quantity". [3]
purchase order policy: "a policy that authorizes parties to modify purchase order terms and to control order processing". [3]
purchase order under-delivery percentage: "the percentage by which product receipt quantities are allowed to be less than the purchase order quantity". [3]
purchase price: "the price of product acquisition calculated as the extended price minus trade discounts". [3]
purchase quotation: "a source document that documents an offer to purchase a quantity of product for a specified price and by a specified date in response to a request for quotation in a procurement process". [3]
purchase request: "an economic event that generates requirements for products". [3]
purchase requisition: "a source document that documents product requests so that they can be submitted for review and be used to authorize purchasing by a purchasing organization". [3]
purchase unit: "a unit of measure for expressing quantities of purchased product". [3]
purchase unit price: "the price of a purchase unit". [3]
purchase VAT: "the tax on an organization’s purchases or input supplies, which is levied on the purchase price". [3]
qualified demand: past-due demand + today's demand + qualified order spikes in the future [2]
quality order: document used to track the details about inspections and test results for specific inventory in the warehouse
quantity: "an exact measure of some countable operational or financial characteristic represented by a number". [3]
quantity variance: "the difference between an ordered product quantity and a delivered product quantity when no more deliveries are expected". [3]
quantity variance: "the difference between an ordered product quantity and a received product quantity when no more receipts are expected". [3]
quarantine order: Quality order used for blocking inventory (e.g. for quality control).
query-based report: "a type of report generated from an application object tree (aot) query". [3]
queue workflow work item: "a workflow work item that is assigned to a work item queue". [3]
quote: "a document that presents a customer's potential order for products/services together with proposed prices" [1].
quotation: "a source document that documents an offer to supply a quantity of product for a specified price and by a specified date". [3]
radio frequency identification (RFID): "a technology that uses radio frequencies to identify products. an rfid-capable product has an rfid tag that can transmit information, such as serial number, to an rf reader, which converts the information into digital data that can be sent to a computer". [3]
ramp pricing: "a pricing strategy that enables businesses to acquire new customers and increase subscription levels with discounts or extended contracts" [source]
rate engine: "an engine that creates a rating structure and sets up an interface between rating services and carrier companies". [3]
rate shopping: "the process of locating and displaying all shipping rates that are available for a particular load". [3]
rating model: a structured framework used to assess and evaluate various aspects of an individual’s skills, competencies, or performance [2] (HR)
raw materials: "inputs to a production process, which are used to create subassemblies and finished goods" [1].
real account: "an account balance that is carried forward into a subsequent fiscal period". [3]
realized gain: "the increase in the value of an asset calculated as the difference in the value of the asset when two economic events occur and when the difference is recognized on the occurrence of the second event as an increase in wealth". [3]
realized loss: "the decrease in the value of an asset calculated as the difference in the value of the asset when two economic events occur and when the difference is recognized on the occurrence of the second event as a reduction in wealth". [3]
rebate: "a refund of an amount after the full amount has been paid". [3]
receipt advice: "a business document that documents a summary of the products a buyer receives from a vendor". [3]
receipt item: "an itemized product that is received in an operations process". [3]
recognition accounting rule: "an accounting rule that prescribes the recognition of revenue and expenditure in accounts and on financial statements". [3]
reconcile: "to compare and adjust two or more accounts or statements so that the figures agree". [3]
reconciliation: "a practice of adjusting two or more accounts or statements so that the figures agree". [3]
record: "the data that defines and describes the parties, products, locations, and activities that compose the economic transaction" [3];"an account of an economic transaction" [3]; "to account for the financial and operational consequences of an economic, resource flow, or accounting event" [3].
recoverable sales tax: "a sales tax levied on purchased products that is deducted from the sales tax levied on the sale of the purchased products when both sales taxes are paid by the same party". [3]
recruitment: the process of identifying, attracting, and hiring suitable candidates for job positions within an organization. [2] (HR)
recruitment project: "a project to coordinate and track a program of recruiting activities and documentation". [3] (HR)
recurring payment: "an automatic payment set up by the customer to be charged to their debit or credit card or bank account withdrawal" [dealhub]
reduction key: "a method that is used to increase or decrease forecast requirements in master planning, based on user defined percentages that are applied during specific periods". [3]
reference: (1) "the state of being related or referred"; (2) "to relate to another entity"; (3) "a source of related information"; (3) "a statement of the qualifications of an applicant made by a person who knows the applicant". [3]
reference data: "named entities that have no describing properties or numeric values". [3]
refund: "the return of an amount paid". [3]
register: (1) "a record that is used to record the operational, legal, and financial consequences of resource flow events in an accounting system" [3]; "to automatically update the progression or output of work done outside of the application". [3]
regulated product: "a product that is regulated by a government authority that requires compliance and audit reporting". [3]
reinstate charge: "to reintroduce interest or fees that were originally waived for a party". [3]
relate: "to collect objects in a set". [3]
released product: a Product that's released in a specific legal entity.
replacement cost: "the current cost of replacing an existing asset with a similar asset with equivalent operational capability". [3]
replenishment: "an inventory management process in which a warehouse location is automatically or manually restocked based on predefined criteria to maintain the correct inventory levels at the location". [3]
report: "to update the progression or output of work done outside of the application. the reporting action is taken by a person". [3]
report definition: "the blueprint for a report before the report is processed or rendered. a report definition contains information about the query and layout for the report". [3]
reporting currency: "the monetary unit of measure used to record the converted monetary value of economic transactions in ledger accounts for financial and management reporting purposes". [3]
reporting currency unit: "a currency unit that is used to record the financial consequences of accounting events and to prepare and report ancillary financial statements". [3]
request for quotation (RFQ): "a source document that documents an invitation to bid on supplying a quantity of product for a specified price and by a specified date". [3]
requested ship date: "the date that the selling party should ship items to meet the customer's or vendor's requested receipt date". [3]
requester: "the person who requests the economic resources". [3]
reservation hierarchy: hierarchy based on the physical inventory dimensions that defines the different levels on which reservations can be made.
resource: "a stock of money, product, or people services used in the performance of an activity". [3]
respondent: "a party that provides a response". [3]
responsibility: "an obligation of a party to perform an assigned job and to be held accountable for the outcome of the results". [3]
restricted product: "a product whose distribution is limited or constrained by a government authority". [3]
return on equity: "the ratio of profitability calculated by dividing net income by owners' equity". [3]
revenue: "an increase in an organization's assets or a decrease in an organization's liabilities during a reporting period" [3]; the earnings received by the company, across its various channels.
revenue cycle: "a recurring set of sales, fulfillment, payment, and transfer activities controlled by one or more parties that participate in exchange and nonexchange transactions". [3]
revenue diversification: the practice where businesses capitalize on their full potential by expanding into new markets, adding to their product catalog, and/or offering additional services. [source]
revenue drivers: the direct inputs (products, services, activities, strategies, and markets) that generate revenue for a business [source]
revenue forecasting: the process of estimating a company’s future sales to enable corporate decision making.
revenue generation: process whose target is to find ways to drive income and increase profitability.
revenue growth: the percentage change in a company’s total revenue from one period to the next.
revenue intelligence: "the process of understanding, managing, and using data to drive revenue growth". [source]
revenue leakage: the loss of revenue through financial or administrative errors [source]
revenue loss:
revenue operations (RevOps): "a holistic, data-driven approach to optimizing organizational performance across the entire revenue cycle" [source]
revenue pipeline: "a structured, visual, or conceptual framework that outlines the various channels or sources through which a company generates its income or revenue" [source]
revenue realization: the point at which revenue is actually received by the company.
revenue recognition: the point at which revenue is recognized in a company's financial statements.
revenue recognition accounting rule: "a recognition accounting rule that prescribes the recognition of revenue in accounts and on financial statements". [3]
revenue reconciliation:
revenue reporting:
revenue schedule: the distribution of revenue amounts over a specified number of accounting periods.
revenue streams: the different sources of income that a business has.
reverse charge VAT: "a value-added tax (vat) on products that is owed by the customer that receives the product, not by the vendor that delivers the product". [3]
right: "an entitlement granted by contract or law". [3]
risk score: a measure of a customer's credit worthiness. (CRM)
role: "a behavior pattern of a participant in a relationship". [3]
rounding amount: "an amount expressed as its nearest round number". [3]
routing: "the selection of carrier routes for transporting freight from origin points to destination points". [3]
rule: "a condition-action pair that prescribes the action taken when the condition is met". [3]
rule-based configuration: "a configuration technology that uses rules to develop product masters and to configure distinct products". [3]
sales agreement: "a source document that documents an agreement between two or more parties based on an understanding that a selling party will commit to selling a specific quantity or value of product over a period of time in exchange for favorable prices and discounts". [3]
sales agreement policy: "a policy that authorizes parties to modify sales agreement terms". [3]
sales automation: "the use of software tools and technologies to automate repetitive tasks and activities in the sales process" [1].
sales channel: a channel used to sell products and services to customers (e.g. direct sales, partners, resellers, retail, e-commerce).
sales compensation: compensations offered to motivate specific seller behaviors and achievements (e.g. includes commissions, bonuses, and incentives).
sales cycle: "the time that it takes for a lead to move through the sales process, from initial contact to a closed sale" [1].
sales item: "an itemized product that participates in a sales process". [3]
sales order: "a source document that documents the offer to sell products or the acceptance of an offer to buy products in exchange for payment". [3]
sales order discount: "an amount deducted from the total net amount calculation on a sales order". [3]
sales order policy: "a policy that authorizes parties to modify sales order terms and to control order processing and payment processes". [3]
sales pipeline: a structured, visual, or conceptual framework that outlines the sales process from start to finish. (CRM)
sales process: "a series of steps that a sales team follows to identify, engage, and close deals with potential customers" [1].
sales prospecting: "the process of identifying and qualifying potential customers (prospects) with the ultimate goal of securing a meeting to sell a product or service" (CRM) [source]
sales quotation: "a source document that documents an offer to supply a quantity of product for a specified price and by a specified date in response to a request for quotation in a sales process". [3]
sales targets: specific measurable goals that are set for revenue and sales volume over a period of time at company, business unit, team and/or individual levels. [1]
sales tax: "a tax levied on the sale of products". [3]
sales tax code: information about how much an organization collects and pays to the authorities.
sales tax group: group of sales tax codes that are attached to customers and vendors, respectively to ledger accounts for transactions that are not posted to a particular vendor or customer. [2]
sales tax hierarchy: "a hierarchy that organizes multiple levels of sales tax reporting codes, such as tax types, tax components, excise record types, and service accounting codes". [3]
sales tax hierarchy node: "a node in a sales tax hierarchy that represents sales tax information, such as the tax component or the excise record type". [3]
sales tax hierarchy structure: "a structure that contains multiple levels of sales tax reporting nodes and that does not contain data. this structure is used as a template to create a sales tax hierarchy". [3]
sales tax reporting codes: box codes in the VAT statement or tag names in XML format used to aggregate and prepare amounts for the VAT report
sales tax settlement period: the intervals at which Sales tax must be reported and paid to the Sales tax authority.
sales territory: geographic area or account assigned to salespeople to optimize market coverage and account focus. [1]
sales unit: "a unit of measure for expressing quantities of sales product". [3]
sales unit price: "the price of a sales unit". [3]
sales VAT: "the tax on an organization’s sales, which is levied on the sales price". [3]
sample item: "an itemized product that is selected for inspection". [3]
scale factor: "a ratio to convert from one number precision to another". [3]
schedule: "a timetable of planned activities and economic resource allocations" [3]; a list of the tasks that must be completed.
scope of organization control: "the direct or indirect amount of control that an operating unit has over the output of a process". [3]
scrap: "any excess or unusable material that's identified during the production process" [1].
security role: "a defined set of application access privileges. the security role assigned to a user determines which tasks the user can perform and which parts of the user interface the user can view. all users must be assigned at least one security role in order to access the system". [3]
segmentation: the division of a target audience or market into distinct homogeneous groups, based on shared characteristics, behaviors, preferences, or needs to gain a deeper understanding of the diverse customer base, and to tailor marketing, sales, and business strategies to effectively reach and serve each segment [1]
selling period: "the period of time between an item or right receipt date and its expiration date". [3]
sequencing: (1) "the order in which jobs are processed or operations are performed at a manufacturing facility to achieve objectives" [3]; (2) "an intangible offering that a business provides to its customers" [1].
serial number: unique identifier for the smallest individual saleable unit of a Product.
service: "a change in the state of a consuming party or a change in the state of an item belonging to a consuming party that is produced by an activity performed by a providing party". [3]
service charge: a fee paid for services related to the primary product or service being purchased.
service group: "a logical combination of services that are maintained as one". [3]
service item: "an itemized service that participates in an operations process". [3]
setup fee: a one-time charge to initiate a service.
shared asset: "an asset that is used by more than one cash-generating unit (cgu). an example is a distribution center that is used to store items before they are transported to different markets that share that same distribution center". [3]
shelf life: "the period of time between an item's manufacture date and its expiration date". [3]
ship date: "the date that items are shipped from a shipping location". [3]
shipment: (1) "a quantity of freight that is created against a source document such as a sales order, purchase order, or transfer order, and that is transported from an origin point to a destination point." [3]. (2) a delivery to a customer.
shopping cart: "a virtual container that stores products that have been selected for purchase from a procurement catalog or a vendor catalog". [3]
short-term debt: "a current obligation that is payable within one year". [3]
signal: "a notification of an event that triggers an activity". [3]
Single Euro Payments Area (SEPA): "an European banking industry initiative that enables secure electronic payment transfers between bank accounts within and across euro areas". [3]
single use kanban: "a type of kanban that is used with a fixed quantity kanban rule to meet exceptionally high demand. a single use kanban does not trigger a new kanban when it is discarded". [3]
site: a facility or an area of ground on which a building or group of buildings is constructed.
skill: a specific expertise or capability possessed by an individual. (HR)
skill gap analysis: gap analysis between existing skills and the skills required for a particular job.
smart rounding: "a marketing practice to use odd numbers that are marginally less than their nearest round number to set prices". [3]
soft booking: "a project booking that tentatively assigns a resource to a project or activity without committing it to the schedule". [3]
source company account: "the legal entity that is the origin of a liability in an intercompany economic transaction". [3]
source document: "an original record that evidences the occurrence of one or more economic, resource flow, and accounting events. a source document is entered into a system that records, classifies, tracks, and reports on the economic resources exchanged or committed at the time of the event". [3]
source document amount: "a monetary amount measurement that is documented on a source document". [3]
source inventory location: "the inventory location where materials required by a kanban production activity or transfer activity are picked". [3]
source requirement: "the product quantity documented on a source document line that creates a pegging requirement". [3]
sort code: a code used to "optimize the handling of picking lines, which describe the information that is required for picking items from inventory, including the picking order" [2]
special depreciation allowance: "a deduction from the depreciable basis of qualifying fixed assets taken in the first year of service". [3]
spend: "an expenditure in the procurement domain". [3]
spike demand: "dates in the future when the total amount of demand exceeds the specified order spike threshold" [2]
split source document: "a source document that documents partial product quantities and monetary amounts from one referenced document of the same class". [3]
standard sales tax: a sales tax that is calculated at invoicing time [2]
standalone selling price: "the price at which an entity would sell a good or service to customers separate from other goods or services" [2]
state: "the condition of a system, process, or party". [3]
statistical account: "a classifier of economic resource quantity used to classify debit or credit entries in an accounting system". [3]
statistical baseline forecast: "an estimate of future demand that is created by applying a forecasting algorithm to historical transaction data". [3]
step: "an operation in a task that progresses an activity towards completion". [3]
stock: "an accumulation of items that are owned and controlled by organizations". [3]
stock flow event: "the occurrence of an action that registers the input and output of stock in stores, buffers, queues, and accounts". [3]
stock item: "an itemized product item that participates in a stock tracking process". [3]
stock keeping unit (SKU): "an item and its assigned inventory dimensions". [3]
stocked: "a policy that controls whether products are tracked in stock". [3]
storage dimension: "the site, warehouse, and inventory location attributes that are used to locate an item in storage". [3]
Storno accounting: "the practice of using negative numbers to reverse original journal account entries". [3]
subassemblies: "items that have undergone some of the production steps but aren't at the finished goods stage yet" [1].
subcontracting: "the practice of outsourcing service activities to vendors". [3]
subcontractor: "a hired external worker who performs specialized tasks or produces specific components as part of a larger manufacturing process for a company" [1]
subledger: "a component of the financial accounting system that captures transactions specific to something other than a main account before they are summarized into the general ledger" [1].
subledger journal: a journal that contains the view of the full accounting entry of a document before the document is posted.
subledger journal account entry: "an account entry in a subledger journal account". [3]
subledger journal entry: "a journal entry in a subledger journal". [3]
subtotal: "an intermediate partial sum, quantity, or amount". [3]
subscription: the commercial right of an organization to consume a particular product by specified terms and definitions.
subscription billing: "a type of recurring billing in which customers are charged a set amount at regular intervals for a service or product" [source]
subscription payment: "a pre-determined, periodic payment plan in which the customer agrees to pay a certain amount at fixed intervals for service or product usage"
subscription revenue: the revenue a company earns from providing its products or services on a recurring basis, typically through a subscription model.
subscription business model: a recurring revenue stream that allows customers to pay for access to products or services on an ongoing basis [source]
supermarket: "a just-in-time inventory location that has finite capacity and is used to batch material near a point of consumption". [3]
supplied inventory location: "the inventory location where an item is consumed and where the replenishment of the item is planned". [3]
supply chain: "a network of organizations, resources, activities, and processes that collaboratively design, produce, distribute, and deliver goods or services, ensuring efficient flow from suppliers to customers while minimizing costs and maximizing customer satisfaction" [1]
surcharge: a fee, charge or tax added to an order, but may not be included in the stated price of a good or service.
system currency unit: "a currency unit that is used as the default currency unit if no currency unit is specified when entering monetary amounts". [3]
system language: "the default language that is used by the application text localization system". [3]
system of units: "a set of units used for measurement or exchange". [3]
system services: "a group of integrated services that enables you to access information from and interact with your microsoft dynamics ax installation". [3]
system-defined financial dimension type: "a financial dimension mapped to a table or view in the database that represents an entity type and whose values are in the domain of one attribute of that entity type". [3]
takt time: "the time that it takes to produce one unit of a product". [3]
task: "an atomic activity assigned to one or more persons or pieces of equipment responsible for meeting the requirements of the activity". [3]
tax: "a charge levied by a governing authority". [3]
tax authority: a government or government- empowered authority that has the right to impose or collect taxes.
tax branch: "a branch office that is used to record value-added tax (vat) and inventory movement. all the branch offices of a vat-registered legal entity are referred to as tax branches. each tax branch uses the same tax registration number as the head office of the legal entity". [3]
tax liability: "a government authority's legal claim to the assets of a legal entity". [3]
tax region: a geographic area where a specific tax applies.
tax variance: "the difference between an expected tax and an actual tax". [3]
taxable amount: "an amount that is subject to tax". [3]
taxable product: "a product that is subject to taxation". [3]
team: "an organization whose members share a common responsibility, interest, or objective". [3]
third-party logistics: "a party that provides logistics services to customers". [3]
three-way matching policy: "a matching policy that requires one or more vendor invoice prices to match with one or more purchase order prices and that requires one or more vendor invoice quantities to match with one or more product receipt quantities". [3]
till: "the removable tray in a cash register drawer". [3]
time entry: "the process of recording and monitoring the time that is spent on various tasks and activities throughout the project's lifecycle" [1]
tiered pricing: a charge model where changes are based on the incremental units purchased.
total: "the whole sum, quantity, amount, or aggregate". [3]
total contract value (TCV): the contractual value of a fully executed contract.
tracking dimension: "the batch number and serial number attributes that are used to track an item". [3]
trade agreement: fixed price or discount agreements that are set up for one or more customers or vendors for the sale or purchase of individual or multiple products. [2]
trade discount: "a discount that does not depend on prompt payment". [3]
trading relationship: "a relationship that is formed when a buying party and a selling party enter into an agreement". [3]
transaction: (1) "a social economic exchange action"; (2) "a physical economic exchange action". [3]
transaction currency: "the currency that a specific financial transaction is recorded in" [1]
transaction currency unit: "a currency unit that a party accepts for payment". [3]
transaction data: "entities that document economic, resource flow, and accounting events and record their financial, legal, and operational consequences". [3]
transaction threshold: "the maximum limit of a transaction value, up to which a tax on the transaction value is not calculated". [3]
transfer batch: "the quantity of one or more items that is transferred or that can be transferred". [3]
transit engine: "an engine that calculates the number of days that it will take for shipped freight to get from its origin point to its destination point". [3]
transit warehouse: an intermediate warehouse that represents the from and to warehouses when you are transferring inventory from one location to another location.
transportation demand: "a sales order, purchase order, or transfer order that is ready for transportation planning". [3]
travel & expense (T&E) management: "the process of managing expenses related to business travel or otherwise incurred in the process of performing job-related duties" [1].
travel requisition: a list of the expenses incurred for the purpose of travel.
trial balance: "a report that lists the balances of ledger accounts for a specified time period". [3]
turnover threshold: "the maximum limit of a cumulative transaction value, up to which a tax on the transaction value is calculated by using concessional rates instead of standard rates". [3]
two-way matching policy: "a matching policy that requires one or more vendor invoice prices to match with one or more purchase order prices". [3]
unit class: "a classification of units of measurement". [3]
unit contribution margin: "the unit sales price minus the unit variable cost". [3]
unit of measure: "a division of quantity established in calibrated or normative systems of measurement". [3]
unit of work: "an object that uses referential integrity constraints to sequence database reading and writing operations in one atomic work process". [3]
unrealized gain: "the anticipated increase in the value of an asset calculated as the difference in the value of the asset when two economic events occur and when the difference is recognized on the occurrence of the second event as an anticipated increase in wealth". [3]
unrealized loss: "the anticipated decrease in the value of an asset calculated as the difference in the value of the asset when two economic events occur and when the difference is recognized on the occurrence of the second event as an anticipated reduction in wealth". [3]
unrealized sales VAT: "the calculated value-added tax (vat) amount that is not due until the invoice is paid. this amount is posted to an unrealized sales vat account and can be claimed only after a receipt or tax invoice is printed". [3]
unrealized VAT: "the calculated value-added tax (vat) amount that is not due until the invoice is paid. this amount is posted to an unrealized purchase vat account and can be claimed only after the receipt of a receipt/tax invoice or a tax invoice". [3]
unsolicited vendor: "a vendor that applies to supply products to one or more legal entities without responding to a formal or informal request". [3]
upgrade: an amendment or change to an existing contract in which the customer opts for a higher service level.
upselling: "the act of selling additional or higher-value products and services to existing customers" [1]. (CRM)
use tax: "an excise tax levied on products in the united states where a sales tax is not levied". [3]
user-defined financial dimension type: "a financial dimension mapped to a user-defined list of values". [3]
valid time state table: "a table that tracks the state of an entity over time using a valid-from and a valid-to column". [3]
value-added tax (VAT): "a tax on products at each stage of their production based on the value added during that stage". [3]
value stream: an operating unit that owns one or multiple production flows that describe the activities and flows needed to supply a product, goods, or a service to the consumers of the product.
variable compensation: "compensation, contingent on discretion, performance, or results, that is awarded to an employee by an organization". [3]
variable costs: expenses that change with changes in the volume of production or sales (e.g. the cost of raw materials or labor)
variance: (1) "the difference between two values, such as the difference between estimated and actual expenses" [3]; (2) "the difference between an expected and an actual economic resource". [3]
variant configuration technology: "a method of modeling product masters and searching for product variant configurations". [3]
variant group: a template for grouping of default values for a given dimension.
vendor: "a party that supplies products to one or more legal entities in exchange for payment". [3]
vendor analysis report: "a document that displays vendor invoice amounts summarized by one or more dimensions. a vendor analysis report is used to monitor and control expenditures assigned to parties, products, locations, activities, or one or more of their classifiers". [3]
vendor catalog: "a listing of product offerings that are available for purchase from a vendor". [3]
vendor group: a categorization of vendors that share common characteristics
vendor invoice: "a source document that documents a vendor payment request. a vendor invoice can refer to one or more purchase orders. when the vendor invoice is authorized, a payment can be made to the vendor". [3]
vendor prepayment: "a payment made to a vendor before any items are received or services are performed". [3]
version: "the status of an entity participating in a release process". [3]
void: "to prohibit the use of a document as a contract". [3]
voucher: balanced financial entry that represents a single operation.
waive charge: "to withdraw the interest or fees originally owed by a party". [3]
warehouse: a planned space for storage placement and handling of goods and materials.
wave: "a logical grouping of warehouse work items that is created by means of a wave template configuration, processed either automatically or manually, and then released to pick the items for production or shipping". [3]
weight engine: "an engine that is called automatically when the volume of a package is not proportional to its weight". [3]
win/loss analysis: "the process of evaluating why deals were won or lost, to improve the marketing process" [1]. (CRM)
withholding tax: (1) "a tax levied by a government authority that is deducted from compensation" [3]; (2) a tax on vendors that does not create sales tax transactions.
work: "the entire range of inventory-related tasks that are performed by a company's warehouse employees. the creation of warehouse work is triggered either automatically by user-defined settings or manually by a worker. each work item is performed on a mobile device by a warehouse worker". [3]
work breakdown structure: "a deliverable-oriented grouping of project elements that organizes and defines the total work scope of the project. each descending level represents an increasingly detailed definition of the project work". [3]
work cell: "a resource group that participates in a production flow activity". [3]
work in process (WIP): "material that is in some stage of the manufacturing process, from raw material issued to a production order to a manufactured product ready for acceptance into inventory". [3]
work item queue: "a list that contains workflow work items that are assigned to users". [3]
work item queue assignment expression: "a statement that conditionally assigns work items to specific work item queues". [3]
worker: "a person who assumes the role of an employee or a contractor and is paid in exchange for services". [3]
workflow: "a workflow process that is executing". [3]
workflow decision element: "a guard condition that controls the logical branching of task sequences within a workflow process". [3]
workflow document: "a view of data that is submitted to workflow for processing". [3]
workflow element: "a modeling element used to define workflow processes". [3]
workflow escalation action: "an automatic workflow action taken when a workflow work item is not completed by the current assignee". [3]
workflow execution account: "a user account that is granted the rights for executing workflows". [3]
workflow history: "a view of the workflow tracking data generated by the workflow runtime". [3]
workflow host: "an environment in which the workflow runtime is started so that it can be accessed as a service". [3]
workflow instance: "a workflow activated by and executing in the workflow host". [3]
workflow list form: "a form that displays a list of workflows for a particular module, along with the versions of the workflow". [3]
workflow participant: "a person who assumes the role of user in a workflow process". [3]
workflow scope: "the extent of activity controlled by a workflow process". [3]
workflow tracking data: "the data that is logged during the execution of a workflow instance". [3]
workflow type: "a set of metadata and event handlers in the application object tree (aot) that defines a workflow design template". [3]
write off: "to remove a debt that will not be paid by a party". [3]
writing off: the operation of removing an Asset from the balance sheet when its value has been fully depreciated, or it no longer holds any financial value.
x-report: "a type of report that is generated to record current sales totals for a specific cash register". [3]
year-end closing: "an accounting process that occurs at the end of the fiscal year and is used to transfer the balances of the temporary owners’ equity accounts to the permanent owners’ equity account, to carry forward closing account balances from one accounting period to opening account balances in the subsequent accounting period, and to generate financial statements". [3]
z-report: "a type of report that is generated to record current sales totals for a specific cash register and to close the current work shift". [3]
zero-rated: "denotes products for which the buyer pays no value-added tax (vat) and for which the seller can recover the cost of the input tax levied on the sale". [3]
zone: a logical or physical grouping of locations within a warehouse.
zone group: a logical or physical grouping of zones within a warehouse.
Resources:
[1] Microsoft Learn (2024) Glossary of Dynamics 365 business processes terms (link)
[2] Microsoft learn (2023) Dynamics 365 Documentation
[3] Microsoft Learn (2021) Microsoft Dynamics AX glossary (link)
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