A scheme of accounts to which the results of certain events are posted. The accounting scheme consists of ledger accounts, structured in a parent-child hierarchy.

A company-specific set of authorization restrictions that can be linked to account matching users.

A company-specific set of properties with matching information linked to a ledger account.

A paid or received amount, which cannot be allocated to an invoice or any other document. After an invoice has been created, the advance payment or receipt can be allocated to it. Unlike an unallocated payment/receipt, you can calculate tax on a advance payment/receipt.

A payment that is not entirely executed yet, or is on its way to be executed.

These anticipated payments can be created:

• Automatically, for example when a check is generated by the automatic payment procedure.
• Manually, for example, when a check is written.

A receipt that is not completed yet.

Anticipated receipts can be created:

• Automatically, for example, in case of direct debit.
• Manually, for example, when a check is entered.

A list of fields that determines the matching criteria, including a priority sequence in order to match on different combinations of fields.

A company-specific set of priorities with matching criteria that can be linked to an account matching priority to enable automatic matching.

A unique number used by the banks to reference each invoice. The bank reference number can be a string of 20 or more digits, composed in such a way that a number check can be performed to check its validity.

In some countries, the bank reference number is a critical component of payment and receipt transactions, especially if payment slips are used. If bank reference numbers are used, the bank reference number must appear on the invoice document, on the payment slip if applicable, and on the payment document.

An indication of the kind of cash transaction. Transactions to which you link a reason code of the Cash Flow type are included in the cash flow statement, sorted by cash flow reason.

A way to group cash flow reasons on the cash flow statement. On the cash flow statement, LN prints the subtotals for each cash flow reason group.

A hierarchical structure of ledger accounts and dimensions.

To support dual accounting, the chart of accounts can consist of a structure of statutory accounts for fiscal reporting purposes and complementary accounts used for management reporting.

A temporary account containing costs or amounts that must be transferred to another account.

A ledger account that you can use for the amounts that are complementary to the amounts in the statutory accounts. For example, you can link a statutory account and a complementary account to a parent account. If you print the Management report based on the parent accounts, on the report LN adds the amounts in the complementary account to the amount in the statutory accounts.

Analysis account for ledger accounts to get a vertical view on ledger accounts. Dimensions are used to specify ledger account information.

One of up to twelve available analysis account bases for ledger accounts.

A company that is used for posting financial data in Financials. You can link one or more enterprise units from multiple logistic companies to one financial company.

A financial company to which a number of other financial companies is linked.

A group company is used to centrally:

• Process the corporate and administrative accounting
• Accumulate data for consolidated financial reporting from the group's financial companies
• Perform central cash management processes such as payments and direct debit

A scheme that defines the ledger accounts and dimensions to which the integration transactions are posted.

A financial transaction that is generated through LN packages other than Financials. For each logistic transaction that must be reflected in Financials, LN generates an integration transaction, for example, Purchase/Receipt, Production/WIP Transfer, and Project/Costs of Goods Sold. LN posts the integration transaction to the ledger accounts and dimensions defined in the integration mapping scheme.

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.

The transactions created between financial companies which belong to the same financial group.

An account between two actions or events containing costs or amounts that must be transferred to another account.

A set of ledger accounts for which a user can perform account matching.

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.

A hierarchical structure for dimensions and accounts. Multiple child elements can be linked to a parent element. It is used for subtotaling and reports and inquiries. To determine the level in the hierarchy, dimensions and accounts have a sublevel.

Optically readable document attached to an invoice, which can be sent to the bank to make the payments for the invoice. The supplier's bank account number, the invoice amount, and an invoice reference number are preprinted on the payment slip. If a payment slip is attached to an invoice, the payment slip is created and printed together with the invoice.

A unique sequence number for each document.

In some countries, for example Italy, it is required to report in a fixed sequence to the local authorities.

Predefined protocol numbers can be automatically assigned to finalized transactions.

The method to decide which date is used to determine the exchange rates.

During the composing process, all amounts in foreign currencies are converted to the home currency, based on the determined exchange rate.

A ledger account used for official accounting purposes according to legal requirements.

A number that indicates the level of a ledger account or a dimension in the hierarchical structure of accounts and dimensions. A low number corresponds with a low sublevel. Ledger accounts can have sublevels 0 through 99. Dimensions can have levels 0 through 9.

Transactions can only be posted to accounts and dimensions which have a sublevel zero. All amounts and quantities on the sublevels 1 and higher are aggregated from lower sublevels.

An account that records operations that cannot be posted definitely to an account.

However, such accounts must not appear on the balance sheet. For example:

• When bank reconciliations bring the balance of the company's account into line with that of the bank, the unidentified movements listed on the bank statements are posted to a suspense account

Note: Unidentified movements can, for example, be customer receipts.

A way to categorize transaction types, for example journal vouchers, recurring/reverse journals, purchase invoices, and sales invoices. The category defines how to process a transaction linked to the selected transaction type.

A user-defined three-position code used to identify documents. The series linked to the transaction type give documents the sequence number.

A payment/receipt, appearing on a bank statement, which cannot be allocated to an invoice or other document. This payment can be registered as unallocated. An unallocated payment/receipt can be allocated to invoices later.