Glossary for Common11 check An arithmetical check regarding bank account numbers used in,
among other countries, the Netherlands. By applying a specific formula, you can
check if a combination of digits constitutes a valid bank account number. 97 modulo check An arithmetical check regarding bank account numbers used in
Belgium. In this method, the sum of the first 10 digits of the entered numbers
is divided by 97. The remainder must equal the number that is formed by the
digits on position 11 and 12 of the bank account number. ABC transaction See: triangular trade acceptable quality level The minimum percentage of a test sample that must be approved
to have the entire item quantity approved. For instance, if the AQL is set to
90 and the percentage approved lies below that figure, the entire quantity is
rejected. Acronym: AQL accepting bank The bank, named in a letter of credit (L/C) on which drafts are drawn, that has agreed to accept the
draft. accounting entity The lowest level on which financial reports are produced. In LN, accounting entities have a one-to-one relationship with financial companies. Accounting entity is a mandatory field in Business Object Documents (BODs) for transactional data. accounting office A department that a financial company uses to group financial
data on a more detailed level than by enterprise unit. You can typically use accounting offices to group the following types of financial data:
In a financial company you can link an accounting office to the following business partner roles:
account type A way to characterize an account. The account type is relevant
when you process financial data in Financials. The account type can be:
acknowledge (a contract) The act of sending a formal and written confirmation. The
supplier sends an acknowledgment to the customer, to acknowledge the receipt of
a contract or an order. acknowledgment (of letter) A communication by a supplier to confirm that a purchase order
has been received. Acknowledgment typically implies the supplier's order
acceptance. actual calendar The runtime calendar used for
scheduling and resource allocation. The actual calendar is linked to a calendar code, and inherits all the details of the its parent calendar. For example, the actual calendar for calendar code A consists of the calendar lines from A. It also consists of the lines from its parent calendars plus, the lines from the standard calendar. additional cost set A cost set that is used to charge extra general costs to
purchase and/or sales orders. Additional statistical information set See: Extra Intrastat info address A full set of address-related details, which include the postal
address, access to telephone, fax, telex numbers, and email, Internet address,
identification for taxation purposes, and routing information. address format The definition of how the address data is printed on a report
or document. You can define which data must be printed on each line of the
address, in which order, and which fields must be skipped if there is not
enough space. administrative department The department that creates and maintains the order and which
determines details such as the order number series, the price book, the rates,
and various default values for the orders. The administrative department is a
sales office, a purchase office, or a service department. advance shipping notice A form of pre-invoicing. The customer receives an advance
notification of details of a shipment that is on its way to the
customer. Acronym: ASN advise through bank If different from the advising bank, the bank through which the letter of credit (L/C) is to be advised or confirmed to the
beneficiary. advising bank The bank that accepts a letter of credit (L/C) from the issuing bank. The advising bank verifies the authenticity of the letter of
credit, and forwards the L/C to the seller. The advising bank does not take on
any payment obligations. The advising bank is typically located in the seller's
country and can be the seller’s bank. affiliated company A separate logistic company that acts as a business partner to
your logistic company. You must define the sold-to role and the buy-from role
for an affiliated company business-partner. For example, an affiliated company can represent affiliated enterprises and locations of your enterprise in other countries. algorithm An expression that is used to compute a characteristic by means
of other variables or fixed characteristics. allowance An amount paid to cover expenses. alternative items Items that can serve as a substitute for the standard item if
the standard item cannot be delivered or is being replaced. alternative unit This is any unit other than the inventory unit. Conversion
factors are maintained to handle the different units (the unit set's base unit
and the alternative unit) for a particular item. apportioning Dividing the fixed landed cost amount of
the header into partial amounts on the related lines. appropriate menu Commands are distributed across the Views, References,
and Actions menus, or displayed as buttons. In previous LN and Web UI releases,
these commands are located in the Specific menu. AQL archive company A company created for the purpose of archiving historic
documents and data. You can store redundant data in an archive
company. To access and retrieve data from an archive company, you must change company to the archive company. area A region used to group business partners, customers, suppliers
and employees on a geographical basis. ASN aspect The type of functionality for which you set the parameters in
the Parameter Wizard. For example, functionality that is only required in
specific countries has the Country aspect. aspects A part of an item. For example, a bolt can have the aspects
head and tail. An aspect can have one or more characteristics. For example, a
head can have a diameter and a length, and a tail can have a diameter and a
color. assigned rule An assigned rule is used to set up data authorization that is
specific for an employee. These rules are mostly used to deal with exceptional
scenarios. attribute Characteristics of the data that is specific to a business
process to which the permission is linked and are used to define permissions.
For example, in Project Management a characteristics of a project, such as
project group, can be used to define permissions for employees who are only
allowed to work with projects of a certain project group. authorization The user's permission to use specific terminals or
sessions. authorization policy An authorization policy is used to set up data authorization
for a group of employees, irrespective of the roles. authorization role An authorization role is used to set up data authorization for
a set of employees with the same role. availability type An indication of the type of activity for which a resource is
available. With availability types, you can define multiple sets of working
times for a single calendar. For example, if a work center is available for production on Monday through Friday and available for service activities on Saturdays, you can define two availability types, one for production and one for service activities and link these availability types to the calendar for that work center. balance The sum required to make one side of an account equal to the
other side. In other words, the difference between the total of all the debit
entries and the total of all the credit entries in an account. Whether it is a
debit or a credit, this amount expresses the financial position of the
particular account at the time the balance is struck. bank account A record of debit and credit entries to cover transactions
involving a particular item, person, or concern. The bank account is identified
by a number. LN can be set to check bank account numbers when you enter them. If the account number does not pass the check, LN displays a warning message. banker's order An order to a bank to pay a fixed amount from an account to a
named person or organization at a regular time each month, year, and so
on. bank type This type indicates if the account is a bank or a giro
account. bar code A series of alternating bars and spaces printed on documents or
products, representing encoded information that can be read by electronic
scanners. base company A financial company or a financial and logistic company that is
used to book the transactions between financial companies that belong to
different group companies. batch number An identification assigned to a homogeneous quantity of
material. Belgian Balance of Payments country group A way to group countries for the Belgian Balance of Payments
report, which is part of the EU tax reporting. Belgian Balance of Payments report A report that companies in Belgium and Luxembourg must submit
to the National Bank of Belgium (NBB). The report lists the total amount of
assets and liabilities that result from foreign sales and purchase transactions
with other countries. bilateral invoicing The automatic generation of invoices between two financial
companies as a result of goods transfer between warehouses of enterprise units
linked to these financial companies. blocking definition Indicates the stage at which the order process must be blocked
or a signaling message must be displayed, with the associated reason. bshell See: LN shell budget 1) A commercial cost estimate in the preproduction stage of
projects. 2) A plan that includes an estimate of future costs and revenues
related to expected activities. Business Entity An independent entity, such as sales order, item group, and
others for which data authorization can be set. business object A business related object, such as a purchase order or an
organizational unit. A business object has information stored in the business
object attributes, such as the purchase order number or the organizational unit
name. A business object also contains a set of actions, known as business
object methods, that can manipulate the business object attributes, such as
Create Purchase Order and List Organizational Units. From a development perspective, a business object is a collection of tables, and functions that manipulate these tables, implemented simultaneously during the development phase. A business object is identified by the combination of a package code, module code, and business object code. business partner A party with whom you carry out business transactions, for
example, a customer or a supplier. You can also define departments within your
organization that act as customers or suppliers to your own department as
business partners. The business partner definition includes:
You address the business partner in the person of the business partner's contact. The business partner's status determines if you can carry out transactions. The transactions type (sales orders, invoices, payments, shipments) is defined by the business partner's role. business partner role Indicates the relationship between your organization and the
business partner. The role defines the types of transactions you can carry out
with the business partner. The business partners with different roles are
linked by a common parent business-partner. Examples of business-partner roles:
business partner set A user-defined group of business partners. business partner status The status assigned to the business partner, which determines
the actions that can be carried out for the business partner. For example, you cannot specify a sales order for a business partner with status Prospect, or ship goods to a business partner with status Inactive. business partner type A way to group business partners with similar characteristics,
for example, members of the EU, or subject to specific customs
rules. Note A business-partner type is not the same as a business-partner role or financial business-partner group. buyer role A classification of a contact's role in the decision making
process related to an opportunity. With this classification, sales
representatives know, for example, how to approach a contact to win a
deal. A buyer role can be, for example, economic buyer, decision maker, influencer. buy-from business partner The business partner from whom you order goods or services;
this usually represents a supplier's sales department. The definition includes
the default price and discount agreements, purchase-order defaults, delivery
terms, and the related ship-from and invoice-from business partner. Synonym: supplier calculation method There are two methods available: Parallel and Cumulative.
Parallel tax calculation means that, for example, the combination of tax rates
5% and 15% results in an eventual tax rate of 20%. Cumulative tax calculation
means that the second tax rate is applied over the first tax rate. For example,
the combination of tax rates 10% and 5% results in an eventual tax rate of
15.5% (= 10% + 5% + (10% / 100% * 5%)). calendar A set of definitions, that are used to build a list of calendar
working hours. A calendar is identified by a calendar code and availability type combination. calendar code A list of workable days, that is used to build a calendar. calendar working hours The horizontal lines in a calendar table, which group planning
data by date. calibration date The date on which an instrument is calibrated. cancel order The process of stopping existing orders at an intermediate
stage in the procedure. capacity percentage The percentage of the available production capacity that is the
basis for work center utilization views and reports. For example, if a work
center's working times are 06:00 - 16:00 (10 hours), the effectivity factor is
1.0 and the capacity percentage is 80%. 8 hours of production order execution
corresponds with a capacity utilization of 100%. The default capacity percentage is 100%. carrier An organization that provides transport services. You can link
a default carrier to both ship-to and ship-from business partners. In addition,
you can print sales and purchase orders on a packing list, sorted by
carrier. For ordering and invoicing, you must define a carrier as a business partner. Synonym: forwarding agent Synonym: Logistics Service Provider
(LSP) category A division within a system of classification for enterprise
units or enterprise unit relationships. category A classification or division of items. The classification can
be by form, fit, or function. central calendar A defined calendar that you can use to plan and calculate
operations by different packages. central currency The base currency used for conversion of amounts by using
triangulation. For example, to convert DEM to FFR you can convert the amount in
DEM to euro and then convert the amount in euro to FFR. The euro is then the
central currency. channel A sales or distribution channel used to assign goods to
customer groups. You can link channels to sold-to business partners and to items. Channels can be used in connection with available-to-promise (ATP). You can assign a certain ATP volume to a channel. This volume limits the ATP for that channel to a maximum. characteristic A reference to a particular quality or distinctive mark of an
item or an item part/component. For example, diameter, length, weight. characteristic unit The unit in which an item's characteristic is expressed, for
example, meters, kilograms. cluster A group of entities that are not necessarily related to one
financial company or logistic company. In Enterprise Planning, planning clusters are used for groups of warehouses, connected by supplying relationships. Note Planning clusters are also referred to as 'clusters' throughout LN. collection office The authority to which the tax or social contribution must be
paid. In LN, a collection
office is defined as a business partner with only the invoice-from and pay-to
roles. collective invoice An invoice containing multiple entries for delivering several
orders to customers. The orders, however, are specified individually. company A working environment in which you can carry out logistic or
financial transactions. All the transaction data is stored in the company's
database. Depending on the type of data that the company controls, the company is:
In a multicompany structure, some of the database tables can be unique for the company and the company can share other database tables with other companies. company number A logistic or financial unit for which you can define and
maintain a data set. Which includes, for example:
configurable item An item that has features and options and must be configured
before any activities can be performed on it. If the configurable item is
generic, a new item is created after configuration. If the item is manufactured
or purchased, the configuration is identified by item code and option list
ID.
configuration group A group of items configured by the CPQ Configurator that have the same settings. The items are
part of the same configuration model family. configured item A configurable item that is configured, which means options and
features are chosen for the item. A configured item can have components that are also configured, for example, a bike with a bike light. If a configured item is an end item, it is configured with its configurable components and stored as a product variant. confirming bank The bank that adds its confirmation to a letter of credit (L/C) upon the issuing bank's authorization or request. According to current L/C rules, a
confirming bank is irrevocably bound to honor or negotiate the L/C as of the
time it adds its confirmation to the credit. conformance reporting Indicates that an item requires a conformance document check at
source inspection, which must be executed before shipment of an item. The
purpose of conformance reporting is to deliver the related documents to the
supplier or the third party who performs the inspection. consignment not owned warehouse A warehouse that is used for storing not-owned consignment
inventory. Not-owned consignment inventory are goods owned by a supplier, but
stored in your warehouse without being paid for until after the goods are used
or sold. You register the goods as consignment inventory. consignment owned warehouse A warehouse that is used for storing owned consignment
inventory. Owned consignment inventory are goods owned by your company and
stored in a customers warehouse without receiving payment until after the goods
are used or sold. You do not register the goods as consignment inventory,
because the goods are still part of your inventory. contact The person with whom you discuss business transactions. For
example, you address questions, quotations, and follow-up calls, direct mail,
and promotional gifts to the contact. The contact's data include the name,
telephone number, e-mail address, and other details. contact category A user-definable classification of contacts. contact-type mask The business-partner roles in which the contact represents the
business partner. You can have one contact for the business partner in multiple roles. For example, the same person can be both the invoice-to and the pay-by business partner's contact, but not the sold-to contact. The mask then consists of invoice-to and pay-by, whereas the other roles are not selected. conversion cluster A cluster of financial companies linked to enterprise units of
logistic companies which are, for conversion, considered as one logical unit of
companies. conversion cluster A group of companies and/or currencies to be converted together
with the conversion details such as the type of conversion to be processed. conversion weight A number that indicates the size of a conversion task. Tables
with a higher conversion weight are converted before tables with a lower
conversion weight. LN uses
the conversion weight to determine the order in which tables are converted if
no priority is indicated. COPD cost The value given for accounting purposes to the stock of an
article or commodity at the end of an accounting period. In a retail business,
the cost is usually prime cost, that is, the price paid to the supplier.
However, other amounts to cover storage and transportation are sometimes added.
In a manufacturing business, the cost is usually a prime cost or production
cost. cost component A cost component is a user-defined category for the
classification of costs. Cost components have the following functions:
Cost components can be of the following cost types:
Note If you use Assembly Control (ASC), you cannot use cost components of the General Costs type. costing breaks Are used to break up and redirect costs related to a project,
to project pegs that are linked to specific attributes, such as items, item
groups, or work centers. The project costs are no longer linked only to the top
demand project peg, but are spread over lower level pegs for the specified
attributes (breaks), which improves project management. cost item An administrative item that is used to post extra costs to an
order. Extra costs are, for example, accounting expenses, clearance charges,
design costs, and freight expenses. Cost items are not used for production and cannot be held in inventory. They are also referred to as expense items. counter order Purchase or sales-order type related to counter sales and
direct invoicing in which the customer immediately takes home the goods. Also,
collect orders do not require you to print various documents. country Countries are the national states where your suppliers and
customers are located. For each country you can define the country code,
international dialing, telex, and fax codes. Countries are part of the data that you must set up for tax reporting. In addition, items can be grouped and selected according to their country of origin. country set A user-defined group of countries. credit analyst One of your employees in charge of controlling and monitoring
the credit that you give to an invoice-to business partner. credit insurance company The company where (part of) the credit limit of the invoice-to
business partner is insured. credit limit The maximum financial risk that you accept or are insured
against concerning an invoice-to business partner, or that an invoice-from
business partner accepts concerning you. When you create orders, LN continually checks that the total amount of created and invoiced orders does not exceed the credit limit. When you exceed the limit, LN gives a warning message. credit rating A system of classifying customers and possible future customers
according to their financial strength and the degree of trust that a supplier
can place in them. The credit rating is linked to an invoice-to business partner and defines a number of details such as, the action to be taken when a sales order is processed, and when the credit check must be repeated. critical safety item A part, assembly, installation, or production system with one
or more essential characteristics which, when they do not conform to the design
data or quality requirements, result in an unsafe condition that can cause loss
or serious damage to the end item or major components, loss of control, or
injury to personnel. currency A generally accepted medium of exchange such as coins, treasury
notes, and banknotes. The following currency types are available in LN:
currency exchange rate The factor by which an amount in a different currency is
multiplied to calculate the amount in the currency base. Synonym: currency rate currency format The degree of exactness with which currencies are presented
differs from one currency to the other. In practice, currencies of which the
basic unit represents a relatively low value are generally presented as
integers (for example, Belgian franc or Italian lira). Currencies of which the
basic unit represents a relatively high value are generally presented with one
or more decimals (for example, Dutch guilder, German mark). currency rate customer A person or company your company supplies goods to or provides
services for. Synonym: sold-to business partner customer approval A business regulation according to which the goods that are
delivered on a sales order must be approved by the customer before you can
invoice the goods. The ownership of the goods changes from supplier to sold-to
business partner when the delivered goods are approved. customer furnished material An item supplied by the customer being used as material in the
production of an end-item for that same customer. customer order decoupling point The point in the product structure or production process up to
which the material requisition is order-controlled. Beyond this point,
anonymous production takes place. Typical examples of CODP positions:
Abbreviation: COPD date format The order of the numeric characters that specifies the way the
system date is presented. This concerns the day of the month and year as they
appear on documents, for example, 15/09/78 (in Britain) and 7/22/78 (in the
U.S.A.). default supply source The source that supplies an item by default. You can use
purchase orders or schedules, production orders or schedules, assembly orders,
or warehousing orders to supply an item. The default supply source determines what type of order is used to supply the item, but in general, you can override the default and specify an alternate source. delivery address The actual address where goods must be delivered that you
recorded for each supplier. In practice, this can be one of your warehouses. delivery point An address specification within a delivery address. For
example, a warehouse dock location. The supplier uses the delivery point in the shipment building process: the shipments are grouped by delivery point. delivery terms The agreements with the business partner, concerning the way
the goods are delivered. Relevant information is printed on various order
documents. department A company's organizational unit that carries out a specific set
of tasks, for example, a sales office or a purchase office. Departments are
assigned number groups for the orders they issue. The department's enterprise
unit determines the financial company to which the financial transactions that
the department generates are posted. dependent currency system A currency system in which you can use multiple home currencies
within a single company. For most entities, the financial company determines
the local currency that is used. All transactions are registered in all the
home currencies. Currency rates are defined between the external currencies and the reference currency, and between the reference currency and the other home currencies. Transaction amounts are first converted into the reference currency and then the transaction amount in the reference currency is converted into the other home currencies. See: standard currency system destination sales tax Sales tax regulations in North America and Canada. The tax
rates are determined by the local authorities in the jurisdiction where the
goods or services are received or consumed. In many cases, tax must be paid to
multiple jurisdictions with authority over the same location. destructive test A test in which the tested items are destroyed after testing. details session A dialog box that shows all the details (fields) of the line
(record) selected in the associated overview session. Use a details session to
view, enter, or change the data of one record. A details session can contain a number of tabs to group related fields. direct debit An order to a bank to accept charges to an account from another
named account at regular times. direct pay A way for a buyer to directly submit a sales tax to the tax
authority instead of first paying it to the supplier. To withhold tax from the
invoice, you must provide your direct pay certificate number to the supplier. Note If direct pay applies to an order line, the order line must have a shifted tax code. discount code A method to indicate the reason a discount is granted. For
example, you can grant a discount because the customer orders large quantities.
If you grant a discount or if you add a surcharge to a sales invoice, you can
enter a discount code to indicate the reason. Surcharges and discounts can be the result of the following:
discount percentage The percentage that you can subtract from the gross sales price
or purchase price. document A generic term for objects, such as orders or order lines. Also
used to refer to printed matter, such as reports, shipping documents, order
documents, or user documentation. document compliance The requirement for documents such as sales orders, purchase orders, or shipments to be compliant with the settings specified
for the global trade compliance functionality, the letter of credit functionality, or both. Parameter settings and settings for individual items, contract deliverables, sales orders, or purchase orders determine whether the document compliance includes letters of credit, global trade compliance, or both. Document compliance checks are performed at various stages in the document handling processes. document line price The price on the document line, which is the sum of the item price and the total material price. domestic tax Tax rates applied to transactions that for taxation purposes
are considered as transactions within a single country. drawee The party expected to accept and pay a bill of exchange, such
as a check, draft, or letter of credit (L/C) on presentation, or on a certain date (called due date or
maturity date). This is usually the confirming bank or the issuing bank. due date In LN, the
date that a payment or receipt is required. economic order quantity The amount of an item to be purchased or manufactured at one
time. This amount is the quantity for which the combined costs of acquiring and
carrying inventory are the lowest. This is also referred to as the minimum cost
order quantity. EDI message A standard electronic business document consisting of an
organization name and a message. EDI messages are processed as incoming or
outgoing messages. An EDI messages can concern, for example, an order acknowledgement or an advance shipment notice (ASN). Organizations that determine EDI message standards are:
effective change order A change order that makes the effectivity unit active. effective date The first day on which a record or a setting is valid. The
effective date often includes the effective time. effectivity series A range of sequence numbers that is linked to an end item and
represents one or more effectivity units. An effectivity series consists of a
unit series code, a from-sequence number, and a to-sequence number. An
effectivity series is identified by the unit series code and the from-sequence
number. You can link one or more effectivity units to a combination of end
item, unit series code, and from-sequence number. An effectivity series is identified by the unit series code and the from-sequence number. You can link one or more effectivity units to a combination of end item, unit series code, and from-sequence number. effectivity unit A reference number, for example a sales order line or a project
deliverable line, that is used to model deviations for a unit effective item. efficiency factor A variable that LN uses to take into account differences in the daily
availability of a resource, such as when working overtime, hiring extra staff,
or working in different shifts. For example, if an employee works six hours out
of a possible eight hours on a project, the efficiency factor is 0.75. Efficiency factors influence the lead-time calculation in Enterprise Planning. electronic data interchange Way to exchange information with your business partners by
using electronic mail. Information include catalogs, sales and purchase orders,
and all other types of information necessary to carry out business
transactions. e-mail address The location where e-mail messages can be sent to a user. An
e-mail address consists of a username and an Internet address separated by an
at sign (@). For example, lucy@narcia.com, where lucy is the username and
narcia.com is the Internet address. EMM employee A person who works at your company who has a specific function
such as sales representative, production planner, buyer, or credit analyst. engineering module A virtual item that is used to model a fixed part of a product
engineering structure in Assembly Planning in Manufacturing. The product engineering structure is
used to generate assembly orders for the Assembly Control module
of Manufacturing. The engineering module is the top of a tree structure (BOM) of engineering items. If Assembly Planning generates the assembly orders, the Engineering Module item type is created in the Item Base Data tables in LN, if not yet present. The engineering module is part of the order content and the as-built structure. Enterprise Modeling Management The module that enables you to model your organization. You can
define flows between entities and subdivide them into goods, document,
information, and receipt/payment flows. These flows are created for entities
such as warehouses, employees, and work centers. Dependent on the organization
structure, these flows allow you to flexibly handle goods, documents, and
information. Abbreviation: EMM enterprise unit A financially independent part of your organization that
consists of entities such as departments, work centers, warehouses, and
projects. The enterprise unit's entities must all belong to the same logistic
company, but a logistic company can contain multiple enterprise units. An
enterprise unit is linked to a single financial company. When you carry out logistic transactions between enterprise units, these are posted in the financial companies to which each enterprise unit is linked. You can define intercompany trade relationships between enterprise units to determine the terms for internal trade between these units. To use invoicing and pricing between enterprise units, you must link the enterprise units to internal business partners. You can use enterprise units to do separate financial accounting for parts of your business. For example, you can define enterprise units for separate parts of your organization that belong to one logistic company, but that are located in different countries. The accounting of each enterprise unit is performed in each country's national currency, and in the financial company linked to the enterprise unit. enterprise unit relationship Identifies the relation between two enterprise units in a multicompany
organization. entity A separate and independent building block for a cluster and/or
an enterprise unit. For example, warehouse, work center, employee, sales
department, purchase department, project, customer, supplier, financial
company. equipment Reusable items used to produce or to ship goods for a project.
Equipment is not consumed while the project is carried out. Equipment can be
internally owned or externally rented. Equipment items can range from tools
such as electric drills and wheelbarrows, to machines, large cranes, trucks,
tug boats, and so on. equipment item Reusable items used to produce or to ship goods for a project.
Equipment is not consumed while the project is carried out. Equipment can be
internally owned or externally rented. Equipment items can range from tools
such as electric drills and wheelbarrows, to machines, large cranes, trucks,
tug boats, and so on. estimate A statement of probable cost for supplying certain goods or
services. An estimate is created in anticipation of receiving an order. EU rate The rate used in the European Union when import and export data
is processed for intra-EU transaction reporting. exception A deviation of an effective item's standard configuration. An
exception indicates, for example, whether a specific BOM line or a specific
routing operation is used for an effectivity unit. Exceptions are often created
as a result of customer requirements, or technology upgrades. exception A document type or material that must be excluded from the
material price calculation. exchange rate The price at which one currency can be exchanged for another
currency. In other words, the amount which one currency will buy another
currency at a particular time. expiry change order A change order that makes the effectivity unit inactive. expiry date The date from which a record or a setting is no longer valid.
The expiry date often includes the expiry time. export license A license required by the authorities before selling and/or
shipping of items (high-tech, classified or potentially dangerous) which are
regulated by law. Items requiring this license have restrictions applied to
them in Enterprise Planning.
Supply for export license required items or items containing an export licensed
item can only be commingled with supply for the same project. Similar
restrictions exist for cost transfer rules. export tax A tax, other than destination sales tax, that is levied on
goods exported from the tax country. For European Union (EU) member countries,
export tax applies to goods exported to non-EU countries. extensible markup language A language to create structured documents with metadata. The
structure of an XML document is prescribed by a document type definition (DTD)
that can be user defined. Example A typical fragment of an XML document is the following: <item status="preliminary">
<itemID>PXA0012</itemID>
<description>front axle-bearing</description>
</item>Acronym: XML external initialization Conversion to the euro of the transaction currencies and the
transaction amounts that are related to the business partners for which you
process the external conversion. Extra Intrastat info Statistical import/export data that is not available as
standard information in LN, but which is required on the sales listing or the
Intrastat declaration by some of the EU member states. You can add up to 15 data fields to the Intrastat statistical data by defining them as extra Intrastat information set. You can assign the extra Intrastat information sets to warehouse order lines. Synonym: Additional statistical information set fence The day number in the month, used to determine in which
following month the due date lies. field A specified area of a record used for a particular category of
data. FIFO See: first in, first out financial company set A set of financial companies for which you can set up specific
tax data and/or generate reports such as the Intrastat declaration at a time. A
financial company set can contain one or multiple financial companies. financial department The department that determines the financial company to which
the transaction must be posted and which is responsible for the tax declaration
in the tax country of the order. The financial company's home
country must be the tax country of the order. The financial department is an accounting office of the financial company. If the financial company of the administrative department has a tax number in the tax country of the order, the financial department is the same department as the administrative department. first day number The start day-number of a week. first free number The first available number within a series. When you create
orders, and so on, this number is offered by default. Series enable you to
group orders of the same type by assigning order numbers starting with the same
figures. first in, first out A method of inventory valuation for accounting. The assumption
is that the oldest inventory (first in) is the first to be used (first out),
but there is no necessary relationship with the actual movement of specific
items. Acronym: FIFO fiscal ID In Italy, a number used to identify natural persons or
businesses. fiscal number A number used to identify corporate bodies as well as natural
persons for income tax and social contribution registration. fixed order quantity A predetermined, fixed quantity of an item for which planned or
actual orders are generated. If the net requirements for the period exceed the
fixed order quantity, a multiple of the fixed quantity is ordered. Generated orders always have a fixed order quantity. forwarding agent See: carrier functional currency The main currency the legal entity is doing business in. This
currency must be used for corporate reporting and should comply with the US
GAAP/IFRS requirements for functional currencies. general category A type of category. general data General archiving data includes master data from all LN application packages,
such as Sales, Warehousing, Manufacturing, and Common. GEO code The code used together with or instead of address information
such as the city, state/province, and postal code to identify a taxing
jurisdiction. The tax provider determines the GEO code based upon the address information entered and the county and city selected. global trade compliance Functionality used to lay down, audit, and automate global
trade compliance data, such as the international rules, regulations, and
licenses required for conducting global trade. This data is used to validate
items, business partners, and import and export documents, resulting in a
success or failure for the compliance check. For example, if the compliance
check results in a failure for a document such as an order or shipment, the
document may be blocked and a user must take action. Global trade compliance reduces the risk of trade delays, additional costs, or penalties for violating import or export regulations. goods transfer The relationship that contains the information that is needed
to transfer goods between two entities or between two enterprise units. goods value The total goods amount on the invoice. The goods amount
consists of the net order-line amount excluding tax and the late payment
surcharge. The amount is expressed in the invoice currency. grand total rounding To round the grand total amounts on legal documents that you
send to your customers, such as sales quotations, service contracts, and sales
invoices. For example, if the currency rounding factor is 0.01 and grand totals must be rounded on 0.05, you can use grand total rounding and define a grand total rounding factor of 0.05. gross/net Field concerning the printing of the discount on the invoice.
Net: The line item discount is not printed on the invoice. Gross: The line item
discount is printed on the invoice. group tax code A tax code that represents multiple individual tax codes. If
more than one tax code applies to a transaction, you can link a group tax code
to the transaction. For example, a group tax code can contain tax codes for:
harmonized system code Code that identifies group of items in order to collect and
report statistical data on the export and import of goods in the countries of
the European Union (EU). The reporting authorities determine the harmonized
system codes. home currency One of a company's base currencies in which LN registers and reports
amounts. In a multicurrency system, up to three home currencies can be defined: I-code See: Intracom code ICT purchase VAT ICT sales VAT IDEP Abbreviation of Intrastat Data Entry
Package. A third party application for the generation of EU
Intrastat declarations. You can set up IDEP to generate the Intrastat
declaration from the Intrastat data that you export from LN. implementation parameter The parameter that LN uses to decide whether a function must be used. For
example, Use Tax Provider, and Factor Invoices. import/export The shipping or delivery of goods across national boundaries. import tax A tax, other than destination sales tax, that is levied on
goods imported into the tax country. For European Union (EU) member countries,
import tax applies to goods imported from non-EU countries. Incoterm codes A set of codes representing international delivery terms rules
for the uniform interpretation of common contract clauses in export/import
transactions, developed and issued by the International Chamber of Commerce
(ICC) in Paris. independent currency system A currency system in which all financial companies and logistic
companies that are related to each other in the enterprise structure model use
the same two or three home currencies. All transactions are registered in all
the home currencies. Currency rates are defined between the transaction currencies and all home currencies. Transaction amounts are converted directly from the transaction currency into the home currencies. See: standard currency system industry code The codes that classify business partners by type of business
based on a code list, as determined by the government authorities. These codes
can be used to segment customers for territory management and campaigns.
Examples of industry coding systems are: SIC (Standard Industrial
Classification) and NAICS (North American Industry Classification
System). initial price Item price + material base prices. This price does not include material price surcharges. inspection To measure, examine, test, or gauge one or more characteristics
of a product or service. After doing this, you can compare the results with the
specified requirements to determine whether conformity is achieved for each
characteristic. Inspection is often performed on delivered goods upon arrival. installment plan A plan based on which installments are generated for an order. The plan
includes configuration data for installments, such as when installments must be
invoiced, the type(s) of installment that must be generated and the installment
percentages. The installments are generated based on a Prorate method, which means the installment percentages are prorated across all order
lines of an order. Because the plan is considered an invoicing plan for an order, the installments are generated, maintained, settled, and corrected in Invoicing. intercompany settlement transaction The automatic postings in one financial company to intercompany
billing and clearing accounts instead of invoices generated for sales/purchase
transactions between the entities of two logistic companies. You must define the logistic companies as affiliated-company business partners and you must indicate that intercompany settlements can be performed for the business partner. intercompany trade agreement An attribute that includes the intercompany trade details for
an intercompany trade scenario. An intercompany trade
agreement is linked to an intercompany trade relationship, together with the
intercompany trade scenario. For the applicable intercompany trade scenario and trade relationship, an intercompany trade agreement:
Example Sales office S1 and warehouse W1 are part of organization A, but are located in different countries. To fulfill a sales order to an external customer, S1 instructs W1 to deliver the goods to the customer. W1 sends an internal invoice to S1 to cover the costs for the goods and the delivery. The amount of the internal invoice is based on the sales order price. intercompany trade classification An attribute consisting of a code and a description that is
used to create groups of entities or enterprise units. To create a group, a number of entities or
enterprise units is linked to an intercompany trade classification. These
groups can be used to define intercompany trade relationships. Example A large international organization includes these enterprise units: In Europe
In Asia
Trade classification Europe is linked to the European enterprise units and trade classification Asia is linked to the Asian enterprise units. You can set up trade relations, for example to define different trade agreements in Europe and Asia, such as:
intercompany trade order A commission to buy, sell, or transport goods, or render
services between organizational units that belong to the same
organization. For example, a sales office and a warehouse belong to the same organization. The sales office instructs the warehouse to deliver goods to an external customer to fulfill a sales order. The warehouse incurs costs for the goods delivered and the sales office is indebted to the warehouse. An intercompany trade order consists of a header and transaction lines. The header data include the organizational units involved and the applicable transfer pricing rules. The transaction lines display the amounts of the individual items and the dates and times. Depending on the transfer pricing rules, some pricing details are maintainable. intercompany trade relationship A "from and to" relationship between two parts of an
organization. When an intercompany trade relationship is defined, the
transactions between the from and the to-part of the relationship are regarded
as intercompany trade. Consequently, specific cost and revenue bookings are
posted for the from and the to-part. The from-part incurs costs for goods delivered or services rendered to the to-part. The to-part is indebted to the from-part. The from-part invoices the to-part to be compensated for the costs incurred, if specified in the intercompany trade agreement. The parts constituting an intercompany trade relationship can be: A trade relationship between two parts applies to the underlying entities linked to these parts. For example, a trade relationship between two enterprise units applies to the entities linked to these enterprise units. An intercompany trade relationship is linked to one or more intercompany trade agreements. In turn, each intercompany trade agreement is linked to an intercompany trade scenario. In this way, transfer pricing rules are defined for each trade scenario that is linked to the trade relationship. The transfer pricing rules determine the amounts of the intercompany trade transactions and, if specified, the internal invoices. intercompany trade scenario A business process, such as External Material Delivery Sales, involving two parts of
an organization defined as entities. An intercompany trade scenario is linked to an intercompany trade agreement. The intercompany trade
scenario and the intercompany trade agreement are linked to an intercompany trade relationship. Example The entities sales office S1 and warehouse W1 are part of organization A, but they are located in different countries. To fulfill a sales order to an external customer, S1 instructs W1 to deliver the goods to the customer. W1 sends an internal invoice to S1 to cover the costs for the goods and the delivery. The amount of the internal invoice is based on the sales order price. intermediary In triangular trade situations, the intermediary is the party
which creates the sales order and invoices the customer for the goods. Usually, the intermediate sends a purchase order for the goods to the supplier and an invoice to the customer. In addition, the intermediary can receive an invoice from the supplier. intermediate consignee A distribution center where goods sent from the supplier are
consolidated and often repacked before being shipped to the final destination
at the customer's. An intermediate consignee is owned by the customer or a carrier acting on behalf of the customer. internal business partner A business partner that represents an enterprise unit of the
same logistic company. The use of internal business partners allows you to
model the goods flow between enterprise units and the corresponding financial
relations, such as invoicing and pricing agreements. You must define all
business partner roles for an internal business partner. internal EDI Receiving and sending messages between LN (logistic) companies on
the same computer system. There is no intervention from any EDI
translator/communication package. internal initialization Conversion of the company's home currencies to the target
currencies whether or not in combination with the company's currency system.
The home currency amounts are converted according to the general concepts that
apply to the currency system. International Bank ID See: SWIFT code international country code An internationally accepted standard for denoting countries by
using codes. For example, UK is used for the United Kingdom and USA is used for
the United States of America. Internet address An IP (Internet Protocol) address is the numeric address of a
machine, in the format used on the Internet. For example, the IP address of one
of the University of Georgia's computers is 128.192.12.9. Intracom code An indication of the type of transactions that you conduct with
the business partner. The Intracom code is required for the sales or purchase
listing that is part of the EU tax reporting. Synonym: I-code See: Intracom
declaration Intracom declaration A list of the tax exempt transactions with business partners
within the EU. Intracom declaration is the term used in Belgium and Luxembourg
for the sales listing. See: Intracom code intracommunity transactions purchase VAT The VAT that is levied on purchase transactions between EU
countries. Synonym: ICT purchase VAT intracommunity transactions sales VAT The VAT that is levied on sales transactions between EU
countries. Synonym: ICT sales VAT Intrastat declaration A statistics report on the physical goods flows between the
member states of the European Union (EU). The information about the nature,
origin, and extent of the goods flows must be reported regularly with an EU
Intrastat declaration. These statistics must be reported regularly with an EU Intrastat declaration. The EU Intrastat declaration is required by the national tax authorities in the framework of the European Common Market since 1993 (EC '93). investment charge A shifted expensed purchase tax that can be imposed on
investment amounts. Investment charge tax can be used to steer investments, for
example, environmental investments can be exempt from investment charge tax.
Investment charge tax can be applied to purchase invoices and to journal
vouchers. Acronym: IVC invoice balance The total unpaid invoice amount. invoice delivery method A user-definable way to categorize invoices by their delivery
method. LN prints invoices
grouped by the invoice delivery method. Per invoice delivery method, LN sorts and prints the
invoices within each ZIP/postal code by address. You can select a default invoice delivery method for each invoice-to business partner. invoice-from business partner The business partner that sends invoices to your organization.
This usually represents a supplier's accounts receivable department. The
definition includes the default currency and exchange rate, invoicing method
and frequency, information about your organization's credit limit, the terms
and method of payment, and the related pay-to business partner. invoice-to business partner The business partner to which you send invoices. This usually
represents a customer's accounts payable department. The definition includes
the default currency and exchange rate, invoicing method and frequency,
information about the customer's credit limit, the terms and method of payment,
and the related pay-by business partner. Invoicing This package is used to improve efficiency and
user-friendliness. You can generate and print all types of invoices in Invoicing. This
package enables the user to combine the invoices from the other LN packages. irrevocable letter of credit A letter of credit (L/C) that you cannot change or cancel without the consent of all
parties involved. Almost all L/Cs are irrevocable unless otherwise stated in
the L/C. ISO code A code from a coding standard set up by the International
Organization for Standardization. These standards and codes are internationally
accepted. For example, codes for the representation of names of languages (ISO
639.2), codes for the representation of names of countries and their
subdivisions (ISO 3166), and so on. issuing bank The bank that issues a letter of credit (L/C) and sends it to the advising bank on behalf of the buyer. item The raw materials, subassemblies, finished products, and tools
that can be purchased, stored, manufactured, and sold. An item can also represent a set of items handled as one kit, or which exist in multiple product variants. You can also define nonphysical items, which are not retained in inventory but can be used to post costs or to invoice services to customers. The examples of nonphysical items:
item code Identification code for an item (product, component, or part).
The item code can consist of multiple fields or segments. item code systems External, alternative methods of coding items. Item-code
systems can be general standard systems (for example, EAN) or specific,
customer-dependent or supplier-dependent systems. item fiscal group A group of items with common tax characteristics. The item fiscal group data include:
item group A group of items with similar characteristics. Each item
belongs to a particular item group. The item group is used in combination with
the item type to set up item defaults. item material content The quantity of a material that is part of an item. item price The item price as retrieved from the relevant Price Origin. item type A classification of items used to identify if the item is, for
example, a generic item, a service item, or an equipment item. Depending on the
item's type, certain functions will only apply to that item. IVC See: investment charge JIT item See: just-in-time item job One or more sessions and/or shell scripts that LN executes without user
interaction. You can schedule jobs to run periodically or at a specified time. Just-in-Time Manufacturing based on improvement of productivity in time and
used materials. The basic conditions of Just-in-Time:
just-in-time item An item of which the procurement is controlled using purchase
schedules instead of ordinary purchase orders. The purchase schedule
corresponds to a regular series of deliveries during a certain time period. Acronym: JIT item L/C landed costs The total of all costs that are associated with the procurement
of an item until delivery and receipt in a warehouse. Landed costs typically
include freight costs, insurance costs, customs duties, and handling
costs. In LN, landed costs can be part of multiple landed costs sets. landed costs classification Attribute that allows users to link a logistic transaction to a
specific landed costs set, overruling the landed costs settings
of that transaction. If required, users can specify a landed costs
classification and use this classification on the transaction. landed costs code A code that identifies landed costs. landed costs scenario A set of conditions used to determine a logistic transaction's
landed costs. Each scenario is linked to a landed costs set. landed costs set One or more landed cost lines that are defaulted as a group on
the order. The landed costs set includes search attributes that link a set of landed cost lines to a transaction. landed cost type A user-defined category of landed costs, for example, "Freight", "Handling", "Insurance." language The language in which the company communicates and in which the
work instructions are printed. late payment surcharge The percentage that is charged over the goods amount or over
rendered services that the recipient of the invoice must pay if the invoice is
not paid within a specified period. letter of credit (L/C) A financing agreement most commonly used for trade arrangements
across international borders. An L/C is issued by a bank at the request of the
customer, also referred to as importer or buyer. In the letter of credit the
bank promises to pay the seller, also called exporter or beneficiary, for goods
or services provided, if the exporter presents the required documents and meets
the terms and conditions stipulated in the L/C. Abbreviation: L/C lines of business Groups of customers and/or suppliers working in the same
business sector. You can use lines of business as selection criteria when
generating reports/inquiries of statistical or historical data. list group A way to group list items. For example, you can use an SLS list
group to group list items used on sales orders. A list item can belong to
different list groups. list item A type of item that consists of multiple components. The
components can also be managed and ordered separately. The type of list item
(kit, menu, options, or accessories) indicates how the components are related. List items are used to speed up the order-entry process. The order lines for a list item can contain main items or components. LN shell The LN shell is a program that runs the LN applications. The LN shell serves as an
interface program between the LN applications, operating system, user interface, and
database. This open systems architecture allows the LN applications to operate
on all supported combinations of operating systems, user interfaces, and
databases. Acronym: bshell Synonym: virtual machine local currency The currency of the country in which the company is located.
Otherwise, the currency in which you report to the local tax
authorities. In a multicurrency situation, you can use three home currencies. The three home currencies that you can define for a company are:
local home currency The home currency that is the legal currency of the country in
which the company is established. Tax reporting must usually be done in the
local home currency. location The physical location that is associated with the data or
transaction, such as a warehouse, production facility, city, or country. Location is a mandatory field in Business Object Documents (BODs) for transactional data. log The process of storing every single transaction in a log file. logistic area A combination of logistic companies and financial group
companies. A logistic company contains multiple enterprise units. Financial group companies
contain one or more financial companies. The logistic company's enterprise units can be linked to a financial company within one financial group company. However, enterprise units can also be linked to financial companies within different financial group companies. Also, enterprise units within different logistic companies can be linked to one financial company. And finally, it is possible that some financial companies within a financial group company are not linked to an enterprise unit. logistic company An LN company used for logistic transactions, such as the production and
transportation of goods. All the logistic data concerning the transactions is
stored in the company's database. Logistics Service Provider (LSP) See: carrier logon code The identification code for the LN user. This code is used
for system security. lot and serial set A list of the lot codes and/or serial numbers of an item on a
sales order line. The lot and serial set can be used in invoicing or
after-sales service. lower margin The lower margin is the percentage that the actual sales price
is allowed to be lower than the target price. If this percentage is negative,
the item can only be sold for a price higher than the target price. This is the
case when the target price is the standard cost. main category Defines the highest level of a catalog structure. A main
category cannot be a member of another category. make-to-order Items made from raw materials and/or subassemblies entirely on
the basis of a customer order. The end item is usually a high-tech standard product, configured according to customer specifications. manual order system An order system for items that are not planned by LN. You can manually
create purchase orders and production orders for such items. manufacturer A supplier of finished goods. User-definable item grouping data
used for sorting and selecting. mask A template that specifies the structure of an identification
code. A mask is used to generate the identifier for a shift when it is
generated through either the Update Calendar Working Hours (tcccp0226m000) session. See: mask segment mask segment A part of a mask that represents specific data. For example, a
mask segment can be a date, a LN field, or a sequence number. See: mask See: translation
table match code A code that defines a set of priority-based additional criteria
that must be applied when self-billed invoices are automatically matched with
corresponding order data. material The substance of which an item is composed, such as wood,
nylon, copper, and gold. material actual price The real price of a material from a material exchange for a specific date. material base price The fundamental price of a material, which is used as a basis
for computing material price surcharges. For materials with fluctuating prices, material base prices prevent high material surcharges and ensure realistic initial prices. Example For the item Copper Wire with Plastic Coating, the major part of the price includes the copper price. The minor part of the price includes the costs of the plastic coating and the production costs for coating the copper wire with the plastic. If one meter of plastic coated copper wire costs $8.00, the price parts would be as follows:
To prevent the initial price being low with only $1.022 and the (variable) material price surcharge being high with $6.978, you can specify an (approximate) material base price for copper of $6.500. As a result, the initial price is $7.522 (0.422 + 0.600 + 6.500) and the material price surcharge is $0.478 (6.978 - 6.500), which represent more realistic figures. material exchange A global standard for industrial materials trading and
price-risk management from which actual material prices are retrieved. Examples of material exchanges are: London Metal Exchange (LME), Deutsche Elektrolyt-Kupfer-Notierung für Leitmaterial (DEL), and Singapore Metal Exchange (SIME). material price The price of a material, which can be the following:
material price agreement A general arrangement by price list or business partner(s) and
item or item group that includes the dates and preconditions used to retrieve
materials and calculate material prices. material price surcharge A surcharge on top of the material base price, which is
calculated by subtracting the material base price from the material actual price. Because material actual prices fluctuate, material price
surcharges vary. material price surcharge costs Costs to cover for additional material costs, such as
administration costs. These surcharge costs are calculated by multiplying the material price surcharge by a surcharge factor. Example
The material price will be increased with material price surcharge costs of €0.648 (€0.432 * 1.5) maximum inventory level The maximum inventory quantity that can be available in a
warehouse. minimum inventory level The minimum inventory quantity that must be available in a
warehouse. multicompany From a logistical point of view, multicompany relates to the
flow of goods or information between multiple locations, which are implemented
in different logistical companies. Typically, these locations are situated in
various regions or countries. From a financial point of view, multicompany relates to the financial flow between financial entities, represented by departments and warehouses, which are implemented in different financial companies. Typically, these warehouses and departments are located in various countries or belong to different business units. multiple tax code A tax code for a type of tax which consists of several
percentages levied by various tax authorities. multiple tax rates These rates consist of multiple percentages. negotiating bank The bank that reviews the documents required by the letter of credit (L/C) and remits payment to the seller if the documents are
compliant with the terms of the L/C. The bank can be specifically named in the
L/C, or can be a bank chosen by the seller. nonconsecutive record selection (NCRS) A method to select nonconsecutive records across multiple
screens, after which specific actions can be taken on the marked records. To select nonconsecutive records, click the first record, and then hold down CTRL and click additional records. Acronym: NCRS number group A group of first free number series that you can assign to a
specific use. For example, you can assign a number group to:
Within a number group you can define multiple series. Each series is identified by the series code. The series numbers that LN generates consist of the series code followed by the first free number in the series. Series codes of the same number group have the same length. number of times used Test instruments can be calibrated on the basis of periodic
intervals (time) or on the basis of the number of times they have been used. object type Defines a business object or business document, such as a sales
order or a contract, in the context of document authorization. An object type includes one or more tables and specifies this information:
one-time business partner A business partner that represents temporary contacts. For
example, if you occasionally sell goods to individuals with whom you do not
have a permanent business relationship, you can define them as a one-time
business partners. operational company The company to which a department, warehouse, or project
belongs. In most cases, this is the logistic company in which the department,
warehouse, or project was created. Logistic transactions originating from a
department, warehouse, or project can only be created in their operational
company. option A possible value of a characteristic. Options can be grouped in
option sets. For each option, you can indicate whether it is acceptable. option A way to group related topics. For example, for the Country aspect you can define the various countries for
which you want to implement specific functionality as options. option group A way to group the options on a high level. For example, for
the Country aspect you can group the various countries into
areas such as Nordic, Latin America, and Central Europe. option list ID The identification of the options and features for a configured
item. The ID is used in the item specification to match supply and
demand. order balance The balance of outstanding orders. order lead time The production time of an item expressed in hours or days,
based on the lead time elements as defined in the routing operations. order method The order parameter that controls the ordered quantities of
recommended purchase and production orders. order policy The order parameter that controls the way an item is produced
or ordered. This can be:
order quantity The quantity for which the inspection is required.
Consequently, the result of the inspection order concerns the quality of this
quantity. order series A group of order numbers or document numbers starting with the
same series code. The numbers consist of 9 characters. Series identify orders with certain characteristics, for example, all sales orders handled by the large accounts department start with LA (LA0000001, LA0000002, LA0000003, and so on). order system The order parameter that controls the way by which recommended
purchase and production orders are generated. Options:
order types A classification of sales and/or purchase orders with similar
work flows. Order types determine the character or function of an order and, consequently, of the message. Order types prescribe the chronological order of the sessions (order steps) in the order procedure. The main point is, that you must carry out order steps successively to process a purchase or sales order. outstanding order An order that is already entered into LN, but it has yet to be
supplied. overdue invoice The invoice that has been left unpaid too long. overtime Time worked beyond the regular working hours. You can use overtime for the following purposes:
overview session A session that lists the available elements or records of one
type, and some of their details (fields). You can use an overview session to
view, sort, add, change, copy, and remove records. own goods movement Goods transfer within your own enterprise, for example, between
warehouses and/or work centers. parameter Data that influences the way a package or module operates. You
define parameters in the Parameters session of a package or module to adapt the
parameter to the specific requirements of your organization. Parameter Wizard A tool that you can use to group the parameters for specific
localized LN functions and
to set the parameters to specific values. parent/child relation Generic term to indicate parent and child elements in any
multilevel structure. For example, this relationship is used for companies,
financial accounts, dimensions, product families, customers, suppliers. parent business partner The business partner that links the various business-partners
with different roles in a distributed business partner organization. If you define branches of one company as different business partners, the business partners must all have the same parent business partner. parent calendar A calendar linked to a child calendar, one level higher in the
derivation hierarchy, and from which the child calendar inherits the
properties. pattern exception Dates on which some action is defined as possible or impossible
in deviation from the regular pattern. You can define pattern exceptions to exclude particular dates from a pattern, such as to exclude holidays from a working calendar. pattern moment A particular time on a particular date, defined by using
patterns, times of day, and exceptions. pay-by business partner The business partner from whom you receive payments. This
usually represents a customer's accounts payable department. The definition
includes the default currency and exchange rate, the customer's bank relation,
the type of reminders you send to the business partner, and the frequency of
sending reminders. paying bank The bank that effects payment of documents negotiated under a letter of credit (L/C). Customarily, the buyer's bank. It can also be the
negotiating bank, unless the L/C allows another bank to negotiate or the paying
bank is unable to negotiate. payment method The way in which the payment (purchase invoice) or the direct
debit (sales invoice) takes place. The payment method defines details such as,
the maximum amount, the type of due date, if foreign currencies are allowed,
and which details must be printed on the report. These details are default values that you can change on the order or invoice as necessary. payment period A number of days or months added to the invoice date. If no
other due date calculations apply, the invoice must be paid within this
period. payment schedule Agreements about the amounts that must be paid by payment
period. You can link a payment schedule to the payment terms and, in this way,
to sales invoices and purchase invoices. Each line of the payment schedule defines a part of the invoice amount that must be paid within a specific period, the payment method used for the payment, and the discount conditions that apply to the payment. Note In many sessions, 'payment schedule' refers to a payment schedule line. If you use receipts against shipments, 'payment schedule' refers to a shipment. Synonym: receipt schedule payment terms Agreements about the way in which invoices are paid. The payment terms include:
The payment terms allow you to calculate:
pay-to business partner The business partner to whom you pay invoices. This usually
represents a supplier's accounts receivable department. The definition includes
the default currency and exchange rate, the supplier's bank relation, the
number of days within which you must pay the invoices, and if the business
partner uses a factoring company. peg A combination of project/budget, element and/or activity, which
is used to identify costs, demand, and supply for a project. percentage of invoice amount The percentage of the total amount to be paid within the
specified period. The total of all percentages must be 100. performance boosters Specific settings that can increase the performance (processing
speed) of sessions. period Periods divide a year into regular intervals, such as weeks,
months, or quarters, that can be used for statistical, hours accounting,
planning, and cost controlling purposes. period code The identification of a period table. The different periods of
a year, including the period number, start date and end date are linked to the
period-table code. period number A number to identify a period in a year. period-table code An alphanumeric code that identifies a group of defined time
intervals. permissions Permissions are the authorization roles, rules, and policies
for a specific business process. The permissions are assigned to employees. The
permissions are used to specify the authorization level, that is, if an
employee can view, edit, or modify the data of a business process. For example,
you can access the projects of a specific Enterprise Unit in a Project session.
However, based on the permissions you can only view, but cannot modify the
project data. physical quantity The dimension of the unit. For example, the dimension of
kilometer is length, and the dimension of liter is volume. planned order system The production or purchase of planned items is based on the
expected demand. Planned items are planned in Enterprise Planning. planning board groups Used to define the layout, colors and font of the graphical
planning board. planning board unit The smallest controllable unit on the planning board. Its
physical length depends on the technical display possibilities. planning group A planning group is used for segregation in planning for
project specific demand and supply. Commingling rules and cost transfer rules
can be defined at planning group level to control supply planning behavior of
project pegged items within the planning group as well as with other planning
groups. Note A project can only be assigned to one planning group. plan time unit The time unit used to express the availability of a resource in
order to plan the resource. This unit can be expressed by day, day percentage,
or the actual time of availability. point of title passage The point at which the legal ownership changes. At this point,
the risk passes from the seller to the buyer. postal address The address all mail (for example, order acknowledgement,
invoices) is sent to as defined for customers or suppliers. You can also record
extra order-specific addresses. prefix A title used before a person's name, such as Mr., Dr. price group Group of items with the same prices and discounts. Price groups
for customers are linked to items in Item Sales Data. Price
groups for suppliers are linked to items in Item Purchase Data. The
price groups are used in price and discount matrices. price list List of default prices and discounts for customers and
suppliers. You can link price lists to items and item groups, and to sold-to
and buy-from business partners. price stage A categorization of the price based on the phase of the price
negotiation process. Using price stages, companies can negotiate the price
while continuing the order process with restrictions. The order processing
restrictions that apply to the price stage are specified in the linked blocking
definition. Example
prime cost The actual cost of producing an article, as opposed to money
spent on selling it, on renting factories, and so on. product An item that is purchased, subcontracted, manufactured, or
assembled. product category Group of goods or services to which the same tax rules and
calculations apply. Product categories are used by tax provider software to
calculate the sales tax. product category matrix A matrix used to map the LN product relation types
to the product categories recognized by the tax provider. The tax provider
program uses the product categories to calculate the sales tax. product class User-definable item grouping data that is used to distinguish
between different groups of items in a product line. The product class is
mainly used as a selection criterion for reporting. product line A group of products made by the same producer, that are similar
but differ in details such as, size, shape, color, and so on. User-definable
item grouping data, mainly used as an item selection criterion for reporting. product relation The method used to identify the product category within LN. The product-relation
type identifies the appropriate product category for each transaction in LN.
product relation type Type of LN data which you can link to a product category for determining the correct
taxability with the tax provider. Product relation types include items, ledger
accounts, service contract types, projects, and so on. product type User-definable item grouping data that is used as a sorting and
selecting criterion. The product type is intended for classifying items with
similar characteristics for production purposes. project An endeavour with a special objective to be met within the
prescribed time and money limitations and that has been assigned for definition
or execution. project management office You can use the project management office (PMO) to group
projects by department or to link employees to the department. prompt The name LN displays for a field. The prompt indicates the type
of information you must enter in the field. purchase catalog Identifies purchasable items. A purchase catalog is defined as
a main category and as a purchase category. purchase category A category that can only be used in purchase catalogs. Purchase
categories can only be members of higher-level categories that are also
purchase categories. A purchase category that is also a main category is called
a purchase catalog. purchase-invoice-matching company A financial company that you link to an enterprise unit to
match and approve purchase invoices. An invoice-matching company can be a
different financial company than the one that is used to carry out the
enterprise unit's financial accounting. In a multifinancial company structure,
you can carry out centralized purchase-invoice-matching by linking a
purchase-invoice-matching company to multiple enterprise units. purchase listing List with information about the origin, value, etc., of
intracommunity purchase invoices. Companies established in Spain are obliged to use this information, along with the information contained in the sales listing, to make a tax declaration for their goods and services transactions within the EU. See: sales listing purchase office A department in your organization that is responsible for
buying the materials and services required by your organization. You assign
number groups to the purchase office. purchase rate The factor by which purchase transaction amounts in a foreign
currency are multiplied to produce the amounts in the home currency. quality group A group of items with similar quality characteristics. The data
defined for the quality group are used as defaults for all items of that
quality group. rate A charge or payment fixed according to a standard scale, for
example, the currency rate of the transaction. rate factor The factor by which the amount in the transaction currency or
the invoice currency is divided before LN converts it to a home
currency. A rate factor is often used for currencies that have a relatively low
price, for example, Korean Won. reason A user-defined standardized description of the reason for a
particular decision or choice. A reason's type determines for which purpose you
can use that reason. To include additional information about an action, you can select and enter a reason from a list. LN can also print the reason in the relevant report. receipt schedule See: payment schedule recurrence A set of recurring dates for which exceptions are defined per calendar code/ availability type combination. Example Every last Friday of the month is a non-working day. This exception is used in the Update Calendar Working Hours (tcccp0226m000) session to generate calendar working hours. recurrence A repetition of dates, such as “Biweekly on Mondays and
Fridays”, “The 27th of each month”, or “The first Monday in June of every 5th
year”. reference currency The currency in which balances of entities shared by all the
companies of a financial company group are expressed. For example, LN uses the reference
currency for business partner balances. Note
reimbursing bank Bank authorized by the sender, the issuing bank, to reimburse drawings in accordance with the letter of credit (L/C). This can be a branch of the sender or the receiver, the advising bank, or an entirely different bank. relationship A relationship that carries information between two enterprise
units or between two entities, for example, an intercompany trade agreement. reminder method The way in which the invoice-to business partner is reminded.
This information includes the frequency of the reminders, if the reminders must
be sent to the invoice-to or pay-by business partner or to their parent
business partner, and if you charge interest over the amount. repair price book A price book that is used to store internal fixed repair
prices. You can make a repair price book distinctive by its description. replenish to maximum inventory The (re)order quantity for replenishment equals the maximum
inventory minus current inventory. report In LN, a
general term for the output of a print session. reporting currency One of the companies' home currencies that you, for example,
use to report financial results to management. In a multicurrency situation, you can use three home currencies. You can define the following three home currencies for a company:
requirement The business reason that you define to describe exceptions used
in unit effectivity. A requirement can be, for example, a specific market,
model, or customer. resource An entity such as employee, work center, or machine. revolving letter of credit A single letter of credit (L/C) that can be used several times over a long period of time.
Either a fixed amount is available which is replenished when exhausted or an
amount is available in fixed installments over a period such as week, month, or
year. RosettaNet A standards organization that develops and publishes XML-based
standards for electronic messaging in the areas of supply chain management,
manufacturing, and so on. rounding code Set of up to six ranges of values and their rounding values.
Rounding codes can be linked to quantities and amounts. They are used when you
calculate, for example, purchase prices and discounts, sales prices and
discounts, and warehousing rates. Example A rounding code can define the following ranges with their rounding values:
rounding factor Indicates how LN rounds off entered and calculated amounts or
quantities. The quantities and amounts are rounded off to the nearest multiple
of the rounding factor. For example, if the rounding factor is 0.030000, a
quantity of 2,11 is rounded off to 2,10 (= 70 * 0.030000). A quantity of 2,12
is rounded off to 2,13 (= 71 * 0.030000). The following differences exist between rounding factors for currencies and for units:
route Line of travel from your warehouses to the ship-to or ship-from
business partner's warehouse and vice versa. Use routes to group business
partners that are located in the same area or along one convenient route. You can arrange addresses by routes to print picking lists and shipping notes sorted by route. routing group A group of items with similar routing attributes, for example,
the same work center, routing operation, BOM, and so on. A routing group is
defined by the user as a selection criterion for production
orders. sales catalog Identifies salable items. Only sales categories or items
defined in the Items - Sales (tdisa0501m000) session can be included in sales catalogs. A
sales catalog is defined as a main category and as a sales category. sales category A category that can only be used in sales catalogs. Sales
categories can only be members of higher level categories that are also sales
categories. A sales category that is also a main category is referred to as a
sales catalog. sales invoice amount The amount the customer is charged with in exchange for the
delivery of the ordered goods. sales listing A list with information about the origin, value, etc., of
invoices. Companies established in European Union (EU) countries are obliged to use this document to make a tax declaration for their goods transactions within the EU. LN bases the sales listing on the financial transactions that result from export transactions when the related invoices are processed. sales territory A code used to classify sold-to business partners by sales
region. sample A small quantity that is drawn from the total (order) quantity
and which represents the order quantity's quality. sample quantity When you draw a sample of a specific order quantity, you often
do not want to test all the pieces at once. A sample quantity is the actual
quantity that is drawn from the total sample size, and that is tested at once. sample size The total quantity of samples from the order quantity to be
tested, expressed in the unit of the sample size. The sample size can be
entered as a fixed quantity or as a percentage of either the order quantity or
the frequency (if you selected Continuous Sampling as test type). seasonal factor Indicates the deviation from the standard quantity. The quantity on demand, in stock, and so on, during a specific period of the seasonal pattern is the standard quantity multiplied by the seasonal factor for the period. This information is used for forecast and advice. If the quantity for this period is normal, the factor is 1.0. If the quantity for this period is more than the standard quantity, the factor is >1.0. If the quantity for this period is less than the standard quantity, the factor is <1.0. seasonal pattern Seasonal patterns define the fluctuation of certain values,
such as the expected usage or demand of an item in the course of a year. These
values serve as parameters in forecast and advice. Secondary Attributes The attributes (such as item group, product type, selection
code, and others) linked to entities (item, and business partners) that are
used to set data permissions for an employee. segmentation A subdivision of the item code in different logical parts,
called segments. These segments are visible in the sessions as separate fields. Examples of segments are:
selection code User-definable item grouping data. Use selection codes to
select items by color, diameter, product expiry date, and so on. Note Selection codes are used for information purposes only. separator The character used to separate the segments of the serial
number. sequence number The number that identifies a data record or a step in a
sequence of activities. Sequence numbers are used in many contexts. Usually LN generates the sequence
number for the next item or step. Depending on the context, you can overwrite
this number. serialized item A physical occurrence of a standard item that is given a unique
lifetime serial number. This enables tracking of the individual item throughout
its lifetime, for example, through the design, production, testing,
installation, and maintenance phases. A serialized item can consist of other
serialized components. Examples of serialized items are cars (Vehicle Identification Number), airplanes (tail numbers), PCs, and other electronic equipment (serial numbers). serial number The unique identification of a single physical item. LN uses a mask to generate
the serial number. The serial number can consist of multiple data segments that
represent, for example, a date, model and color information, sequence number,
and so on. Serial numbers can be generated for items and for tools. series A group of order numbers or document numbers starting with the
same series code. Series identify orders with certain characteristics. For example, all sales orders handled by the large accounts department start with LA (LA0000001, LA0000002, LA0000003, and so on). service customer-owned warehouse A type of warehouse that you use exclusively to store items
that are owned by the customers and that have been sent to the depot to be
repaired or serviced. Receipt and issue of items does not affect the value of
the warehouse inventory because the items are owned by the customers.
Therefore, receipt and issue of items does not result in financial
transactions. service reject warehouse A type of warehouse that you use to store items which after
inspection are rejected. The items in a service reject warehouse can be:
service subcontracting Allot the service related work of an item to another company.
The entire maintenance or repair process, or only a part of the same, can be
allotted. Service subcontracting can be used with or without material flow
support. session An elementary part of LN the user can start to
run an application's functionality. Usually, a session is linked to a main
database table and a program script. In addition, a session uses zero or more
forms, reports, and charts. The code of a session consists of a package code, a module code, four digits that indicate the main table number and the session type, an m or an s, and three additional digits, for example, Countries (tcmcs0510m000). shift The production work force can be organized in shifts. The most
common models are one, two or three shifts models, but more complicated models
are possible with different shift divisions planned for various days of the
week. A shift has the following properties:
Note A shift with a start date and time in the past cannot be deleted. ship-from business partner The business partner who ships the ordered goods to your
organization. This usually represents a supplier's distribution center or
warehouse. The definition includes the default warehouse at which you want to
receive the goods and if you want to inspect the goods, the carrier that takes
care of the transport, and the related buy-from business partner. Synonym: ship-from supplier ship-from supplier shipment complete This advanced shipping constraint implies that all expected
shipment lines will not be shipped until the entire scheduled quantity for the
line has been allotted. ship-to business partner The business partner to whom you ship the ordered goods. This
usually represents a customer's distribution center or warehouse. The
definition includes the default warehouse from which you send the goods, the
carrier who carries out the transport, and the related sold-to business
partner. Synonym: ship-to customer ship-to customer shop floor planner The person responsible for printing, (re)scheduling and
releasing production orders and managing workloads. SIC signal A warning message displayed if you enter or select an item to
which a signal is linked. Item signals can also be used to block the issue
and/or requisition of items. Business-partner signal A warning message displayed if you select a business partner to whom a signal is linked. single currency system A currency system in which a company uses only one home
currency. See: standard currency system singular tax rates Indication for a single tax rate, as opposed to multiple rates.
In Canada and the U.S., multiple tax rates can apply on the federal, state, and
municipal level. Singular tax rates consist of a single, flat percentage. SITA Abbreviation of Societe Internationale de
Telecommunications Aeronautiques. Among other things, this society
has defined a communications protocol that the airline businesses use for the
communication between applications. The protocol guarantees delivery and
messages delivered using this protocol are legally valid. site A business location of an enterprise that maintains its own
logistical data. It includes a collection of warehouses, departments and
assembly lines at the same location. Sites are used to model the supply chain
in a multisite environment. These restrictions apply to sites:
An enterprise unit is linked to a site for costing and financial purposes. skill The specific know-how or technical expertise that an employee
must have to carry out activities. For example, knowledge of electricity,
specific equipment, and so on. SMS Short Message Service, a messaging system
for mobile phones. social contributions (expense) Social contributions on behalf of your suppliers but for which
you are liable. You must pay the social contributions directly to the
collection office. You can register this type of tax as expensed purchase tax. sold-to business partner See: customer sold-to business partner The business partner who orders goods or services from your
organization, who owns the configurations you maintain, or for whom you perform
a project. Usually a customer's purchase department. The agreement with the sold-to business partner can include:
specification A collection of item-related data, for example, the business
partner to whom the item is allocated or ownership details. LN uses the specification to match supply and demand. A specification can belong to one or more of the following:
specific category A type of category. SSP staggered consignments The delivery of several components of a complete product at
different times. Staggered consignments are not declared until the last
consignment is delivered. stamp tax A type of tax that is imposed on trade notes. Stamp tax
consists of a fixed amount instead of a percentage. Depending on the country of
your company, if you issue trade notes you can be obliged to pay stamp tax on
the trade note. In some countries, such as Spain and Japan, to pay the stamp tax, you must stick a stamp on the trade note document. In other countries, to pay the stamp tax, you must buy an official form for the trade note. standard carrier alpha code A unique code to identify transportation companies, used to
facilitate automatic processing in the transportation industry. standard currency system A currency system in which foreign currency transactions are
translated straight from the transaction currency to the local currency, without triangulation through the reference currency. By default, reporting currencies are directly translated
from the transaction currency into the reporting currency; however, reporting
currencies can also be translated from the local currency. standby letter of credit An L/C issued by a bank on behalf of the buyer and that
guarantees that the seller, also called beneficiary, will receive payment upon
the presentation of specified documents if the buyer fails to pay the
beneficiary according to the terms of the contract between the buyer and the
seller. Difference between letter of credit and standby letter of credit The letter of credit is a method of paying for goods. The standby letter of credit is a performance guarantee that the goods will be paid if the buyer defaults. As a performance guarantee, the main benefit of the standby letter of credit is that it usually involves less cost and is less cumbersome than the alternative forms of guarantees. state State codes are used in electronic filing of 1099-MISC Income.
State codes are part of the address that is linked to the pay-to and pay-by
business partners. statistical inventory control An order system in LN that generates planned purchase or production orders
to replenish stock. The reorder point is usually calculated by adding the safety stock and the forecasted requirements during the replenishment lead time. SIC items are planned by Warehousing. Abbreviation: SIC statistics group A group of items for which statistical information is collected
and represented. storage inspection Inspections on items in inventory which require regular
checkup. To carry out these checks or inspections, you must define the items
and the reason for inspection. The selected items are blocked in inventory
after which inspection orders are generated. subcategory Defines lower levels (catalog pages) of a catalog structure.
Subcategories can consist of items or other subcategories. subcontracted service The auxiliary item code for recording subcontracting
operations. Items of this type also belong to the administrative items. These
items are non-physical items which are used to record the subcontracting costs. (Formerly called subcontracting item) subcontracting Hiring certain services from another party, for example the
execution of a part of a project or an operation of a production order. subcontracting item Obsolete term for an item code used for a subcontracted
service. subcontracted service supplementary unit An extra unit in which the quantity of goods must be reported
for the EU Intrastat declaration. The main reporting unit is kilogram in all
cases. For some goods, a reporting unit must be used such as pairs (of shoes
and so on), liters, head or pieces (for cattle), or square meters. Quantities
of goods to which kilograms do not apply are only reported in the supplementary
unit. supplier supplier stage payments Spread payments that are made by customers to suppliers over a
period of time. With stage payments, customers can make payments for an item
before or after the item is actually received. An item's invoice flow is
separated from its goods flow. Abbreviation: SSP supplier stage payment schedule A schedule set with supplier stage payment defaults used to
generate stage payment lines on purchase order lines or RFQ responses. After specifying the desired schedule number, you can specify the defaults for a number of stage payment lines. The time fence between the order date and the invoice date, and the percentage of the total net amount are specified on a stage payment line. SWIFT code The international code for the bank, according to the rules of
the Society for Worldwide Interbank Financial Telecommunications (SWIFT). Synonym: International Bank ID synchronization Copying the landed costs of the header to the related lines. table boosters A way to increase the speed of accessing a database table by
loading the table or specific parts of it into memory on the server. tax account Ledger account to which you can post tax amounts. tax account group A group of ledger accounts to which the various tax amount
types are posted. A tax account group can contain the following accounts:
Instead of specifying the ledger account for each type of tax amount in the Tax Code by Country (tcmcs0136s000) session you can specify the ledger accounts at once by selecting a tax account group for the tax code by country combination. tax authority A government body with jurisdiction over the sales taxes in a
specific area. You can set up tax authorities and tax authority groups for tax
reporting purposes. tax authority group A way to group tax authorities. You can use the tax authority
groups when you select or sort tax information for reporting purposes. tax base value The value that LN uses to calculate the tax amounts. Usually, the tax base value is the net order amount or the net invoice amount. However, for types of tax such as social contributions that can be charged on a part of the invoice amount, the tax base value can be a percentage of the net amount. tax category A way to distinguish and/or group types of tax for inquiries,
reporting, and tax payment selections. For example, for social contributions
the categories Unemployment and Medical
insurance can be required. tax classification An attribute of order headers and order lines that you can use
to define tax exceptions for the transaction. LN retrieves the default
tax classification from the invoice-from and invoice-to business partners. For example, you can use the tax classification to indicate:
tax code A code that identifies the tax rate and which determines how LN calculates and
registers tax amounts. tax code exception A set of transaction details for which you define a tax code
and/or tax country and business partner tax country other than the values that
result from the standard tax code derivation. tax codes by country Definition of the country-specific tax data, for example, the
type of tax (single or multiple), the collection office, the tax rates, and any
text that must be printed on invoices to which a specific kind of tax applies. tax country The country in which the tax must be paid or reported. The tax
country can be different from the country where the goods are issued or
delivered. tax country group A group of countries that have the same tax relation to the
company's home country. tax date The tax rates that are valid on this date are used to calculate
the tax amounts. tax declaration number A generated number that identifies each tax declaration. The tax declaration number contains the following parts:
tax exemption Being exempt from tax. Transactions with specific business
partners, involving specific goods, and/or with their origin or destination in
certain countries or areas, can be exempt from tax. Sales invoices for
transactions that are exempt from tax must have zero tax amounts. Some enterprises are exempt from sales tax within the jurisdiction of certain tax authorities. Invoices for sales to a customer with a valid tax exemption must have zero tax amounts. If you are exempt from sales tax, your suppliers must not include the tax amount on their invoices. tax exemption certificate A certificate issued by a tax authority to a specific business,
exempting them from sales tax within the tax authority's jurisdiction. When you
purchase goods or services, you must provide the certificate number to your
supplier to authorize them not to collect the tax. tax library An algorithm LN uses to determine the tax code, the tax country, and
other tax details of a transaction. For more information, refer to Search Order Tax Defaults tax number A number used to identify legal persons or businesses. The tax
authorities assign the tax numbers to the registered businesses. Your business
partners must provide you with their tax number. Business partners without a
tax number are considered to be private persons. tax number A number used to identify legal persons or businesses. The tax
authorities assign the tax numbers to the registered businesses. Your business
partners must provide you with their tax number. Business partners without a
tax number are considered to be private persons. tax number A number used to identify legal persons or businesses. The tax
authorities assign the tax numbers to the registered businesses. Your business
partners must provide you with their tax number. Business partners without a
tax number are considered to be private persons. tax position Represents a box on the tax declaration form. To link the tax
codes that contribute to the amount in a box to its tax position, you define
relations by tax position. To add the box to the tax declaration, link the tax
position to the declaration master. tax provider A third party application that facilitates the calculation of
taxes. tax rate The tax percentage for each tax code. tax settlement LN links a
tax code of this kind to the reversal postings of the tax amounts on the
interim accounts when you pay the tax, and to the tax payments you make to the
collection office. tax type Indicates whether the tax is payable at invoice creation or
after the invoice has been paid. team A way to group employees for planning and authorization
purposes. If you assign roles to a team, all the employees assigned to the team
have the authorizations that correspond to the roles. technical coordinator The employee who is responsible for maintaining the technical
item specifications and the requirements for the manufacturer of the item. This
employee is also responsible for maintaining the information concerning
hazardous material and the risk classification in Warehousing. tenant In a Software as a Service (SaaS) software deployment
environment, a tenant is the client organization that uses the software that is
offered as a service. No data is shared between tenants. The tenant is the top level container for all data. In LN, the tenant is always a constant value for an LN installation. Tenant is a mandatory field in Business Object Documents (BODs). terms and conditions agreement An agreement between business partners about the sale,
purchase, or transfer of goods, in which you can define detailed terms and
conditions about orders, schedules, planning, logistics, invoicing, and demand
pegging, and define the search mechanism to retrieve the correct terms and
conditions. The agreement includes the following:
terms and conditions attribute set A set that groups search attributes of the same terms and
conditions type for use on the terms and conditions search levels. Search attributes not linked to the attribute set cannot be entered on the terms and conditions agreement for the terms and conditions type. terms and conditions group Groups the detailed terms and conditions about orders,
schedules, planning, logistics, invoicing, or demand pegging for the terms and
conditions line. terms and conditions line Holds the values for the search attributes of a terms and
conditions search level. Therefore, it specifies the fields to which the
detailed terms and conditions, as stored in the terms and conditions groups,
apply. terms and conditions search attribute An element (field) selected on the terms and conditions search
level and specified and searched for on the terms and conditions
line. terms and conditions search level A priority level for searching and selecting a terms and
conditions line. Search levels include a selection of search attributes
(fields) and linked terms and conditions groups. terms and conditions template A default terms and conditions agreement, representing a
business process, with no business partner linked to it. The level of detail of
the template data is user-definable. Based on a template, you can do the following:
terms and conditions type Defines the type of terms and conditions agreement or template
and is linked to a set of search attributes. Each terms and conditions type has
its own search attributes. The following terms and conditions types are available:
test areas The physical location where tests take place. test instruments The tool that is used during a quality test to measure
particular characteristics of items. test quantity The part of the sample quantity that is tested each time. Explanation: A 5 kg sample will be tested by testing 1 kg at a time. test unit The unit that applies to the test. For example, meter, liter,
or kilogram.. title An expression used to address persons and/or companies. The
title is printed on documents over the address data. tolerance The amount by which a value is allowed to differ from the
intended value. tolerance percentage The percentage by which a value is allowed to differ from the
intended value. tool type Tool category. Indicates if the tool:
topic The function for which you want to define or set the parameters
in the Parameter Wizard, such as Nordic Bank Files, the Belgian Balance of
Payments report, the Intrastat report, and so on. transaction currency The currency used in the transaction document. transaction date The date on which the order is changed and/or written to the
history file. For each change, LN inserts a new line and a new transaction date. This
applies to any type of order. Among other things, the transaction date is important for:
transaction type A transaction can be an issue or a receipt. The following transaction types are available:
transferable letter of credit A letter of credit (L/C) that the allows the beneficiary to transfer all or some of
the rights and obligations specified in the L/C to a second beneficiary. This is used if three parties are involved: buyer, seller, and supplier. The seller does not produce the goods, but outsources the goods to the supplier. If the supplier requests an L/C but the seller has insufficient working capital to have an L/C issued to the supplier, the seller can request a transferable L/C from the buyer. In this way, payment is transferred from the seller to the supplier. The seller is called the first beneficiary and the supplier is the second beneficiary. transferee A person to whom money or property is transferred. transferee bank Bank that credits the transferee's account because of a funds
transfer. transferring bank The bank authorized by the issuing bank to transfer all or part of the letter of credit (L/C) to another party, a middleman or supplier, at the
beneficiary’s request. transition period A period from 1 January 1999 until 1 July 2002 during which
companies can do their accounting in European national currencies and in the
euro. translation table A table to translate the actual data into the code required to
form the serial number. For example, to translate the production date into the
date code. transport order A document describing the transportation process of goods from
a warehouse to the customer address. The document includes information on the
items to be conveyed (for example, standard items, user-defined items), loading
and unloading time intervals and addresses, rate data and invoice amounts, the
physical distribution route, and the quantity types. triangular invoicing The generation of internal financial settlements if goods and
the invoice for the goods are sent by or received by different entities. The
entities can be departments, warehouses, and internal or external business
partners. LN automatically
generates the internal invoices or the settlement between the entities in the
financial companies that are involved. triangular trade Within the Europan Union, triangular trade refers to supplies
of goods involving three parties of which at least two reside in EU member
states, if one party ships the goods to the customer and another party invoices
the customer for the goods. The goods are usually delivered to the customer as
a direct delivery. Synonym: ABC transaction triangulation A legal rule for the conversion Economic and Monetary Union
(EMU) into euros. LN automatically applies triangulation when converting EMU currencies. The exact text of this rule is: Monetary amounts to be converted from one national currency into another shall first be converted into a monetary amount expressed in the euro unit, which amount may be rounded to not less than three decimals and shall be converted into the other national currency unit. No alternative method of calculation may be used unless it produces the same results. triangulation conversion Changes the method for converting amounts in different
currencies from regular to triangulation if EMU currencies are involved. triangulation indicator A code used on the European sales listing to indicate invoice
amounts that result from triangular trade transactions for which no
corresponding Intrastat transaction is logged. The code is prescribed by the
government. unit The physical quantity in which an item or good is managed. For
example, a quantity of wood can be expressed as a length by using the unit of
one meter, or as a volume by using the unit of one cubic meter. unit effective item An item for which an effectivity unit can be defined on the
sales order line or the sales quotation line. The effectivity unit is used to
model deviations for the unit effective item, and to peg purchase orders and
production orders to a specific sales order line for the unit effective item. unit effectivity A means to control the validity of variations by effectivity
units. Unit effectivity enables you to model changes for the following entities:
unit set A group of unit codes that can be linked to standard or
customized items, or to item defaults. In a unit set, you can indicate the
physical quantities that can be used for the item, in which modules, and for
what purposes. upgrade price A price that is defined for a requirement in Unit Effectivity (UEF).
If the requirement is used in an effectivity unit's configuration, the upgrade
price is added to the effectivity unit's sales price. upper margin The upper margin is the percentage that the actual sales price
is allowed to exceed the target price. UTC time The acronym for Universal Time Coordinated, the time system
that is similar to Greenwich Mean Time (GMT). The UTC's reference point is
Greenwich, England located at 0° longitude, the imaginary north-south line also
known as the prime meridian. When it is noon at Greenwich, it is 12:00:00 UTC. VAT Acronym for value-added tax; the indirect percentage tax levied
on products or services at various stages of production and distribution. VAT book A legal report of all value added tax (VAT) transactions of a
company, in date sequence. The transactions can be grouped by tax articles,
which typically group transactions that have the same tax percentage. verification date Date on which the existence, correctness, or truth of something
are checked, such as facts, accounts, statements, the contents of a list. virtual machine See: LN shell W3C warehouse A place for storing goods. For each warehouse, you can enter
address data and data relating to its type. warehouse set A group of warehouses with similar characteristics. A warehouse
can belong to one particular warehouse set. weight The weight of the goods delivered or received. The weight is
calculated on the basis of the transaction quantity and the item's weight unit. withholding income tax Tax for which the supplier is liable and which the payer of a
purchase invoice withholds on the payment and pays directly to the tax
authorities. The term "withholding tax" generally refers to withholding income tax and social contributions. withholding social contributions Social contributions for which the supplier is liable but which
the payer of a purchase invoice withholds on the payment and pays directly to
the tax authorities. working hours A defined period of time in a calendar for which a resource can
be planned. In LN, working hours types are user-defined time elements to structure a calendar. working hours type A type of time interval such as Monday morning, Wednesday
afternoon, or service weekend. For a working hours type, you can define
defaults for start time and end time. working timetable All working activities that are entered in a report showing
working hours by day. These activities include start and end times and labor
types. workweek The seven days of the week, for which the available and
non-available hours are defined. World Wide Web Consortium An international organization for the development of standards
used on Internet, and more specifically on the world wide web. Acronym: W3C XML year part Any part of a year (flexible period). year part type To indicate how the calendar data is grouped. For example, calendar data can be grouped by:
ZIP code A number that identifies each postal delivery area. ZIP codes are used:
ZIP codes are printed on forwarding documents on which no further address data is printed. The ZIP/postal code does not appear in the address lines on order documents. zoom session The session in which you can browse through the available
records and select a record. A zoom session is an overview session in read-only
mode. You can use a zoom session to enter the code of an existing record (for example, an item, order type, or warehouse) in another session.
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