| AA | Analytical Accounting. |
| ACCOUNTING JOURNAL | A journal that is used to record the financial consequences of accounting events in an accounting system. |
| ACCOUNTING RULE | A rule in an accounting system that controls the principles, methods, and procedures for classifying, recording, and reporting the financial consequences of accounting events. |
| ACH (AUTOMATED CLEARING HOUSE) | An electronic funds transfer system available in the United States that facilitates the transfer of funds between receiving party and originating party bank accounts. |
| ACTION BAR | Inside Business Central, most work is achieved in a list, a document, or a card. All three types of pages have a bar with actions that are relevant to the particular page, and the actions are almost the same for the individual card or document and for the list of entities. |
| ACTUAL QUANTITY | The measured quantity that is input into or output from an activity. |
| AD | Active Directory. |
| ADDRESS VERIFICATION | The service that is provided by a credit card processor that validates that the billing address provided by a card holder matches the information on file with the issuing bank. |
| AGEING | The process of classifying time periods by age. |
| AGEING PERIOD | The number of days in a time period used to report an overdue customer payment balance. |
| ALLOCATION KEY | The allocation key is the basis that is used to allocate costs. It is typically a quantity, such as square meters occupied, number of employees, or man-hours used. For example, two departments, with 20 and 10 employees respectively, share canteen costs. The costs are distributed between the departments by using an allocation key that represents the number of employees. Two thirds of the costs are allocated to the first department, and one third of the costs are allocated to the second department. |
| ALLOCATION SOURCE | The allocation source establishes which costs are allocated. Allocations are defined in allocation source and allocation target tables. Each allocation consists of an allocation source and one or more allocation targets. For example, all costs for the heating cost type, which is an allocation source, can be allocated to the workshop, production, and sales cost centres, which are three allocation targets. |
| ALLOCATION TARGET | The allocation targets determine where the costs are allocated. Allocations are defined in allocation source and allocation target tables. Each allocation consists of an allocation source and one or more allocation targets. For example, all costs for the heating cost type, which is an allocation source, can be allocated to the workshop, production, and sales cost centres, which are three allocation targets. |
| AP | Accounts Payable. |
| API | API is the acronym for Application Programming Interface, which is a software intermediary that allows two applications to talk to each other. |
| APP | App is short form for Application, or software program designed to automate or work with data to satisfy a business requirement. |
| APPSOURCE | AppSource is a Microsoft online catalogue of First and Third Party Apps for the Business Application Platform that are available for customers either with free or paid licence agreements. |
| APS | Advanced Planning and Scheduling System. |
| AR | Accounts Receivable. |
| ASSEMBLY LIST | Components of a kit item or a bill of materials. |
| ASSEMBLY ORDER | Receive completed bill of material items into inventory. |
| ASSEMBLY ORDER LINE | Components in an assembly order. |
| ATTRIBUTE | An Attribute is a component of an entity that represents a particular piece of information. E.g. First Name is an attribute of the Contact entity. Attributes can be represented by different data types (text, number, date, etc). |
| AZURE | Azure refers to Microsoft’s Cloud infrastructure that is a platform for Microsoft software, services and business applications. |
| B2B | Business-To-Business. A transaction that occurs between two companies, as opposed to a transaction involving a consumer. The term may also describe a company that provides goods or services for another company. |
| B2C | Business-To-Consumer. A transaction that occurs between a company and a consumer, as opposed to a transaction between companies (called B2B). The term may also describe a company that provides good or services for consumers. |
| BALANCE SHEET | A statement of the financial position of an organisation that reports the state of assets, liabilities, and equity on a specified date. |
| BALANCE SHEET ACCOUNT | An account that describes the changes in value reported on a balance sheet. |
| BANK RECONCILIATION | A practice of reconciling a ledger account that represents a bank account by matching ledger account entries to bank statement entries. |
| BATCH ATTRIBUTE | A product attribute of a process batch or a transfer batch. |
| BAU | Business as usual. |
| BEST-BEFORE DATE | A recommended date for obtaining the optimum quality or characteristic of a product. |
| BEST-BEFORE PERIOD | The time period in which to obtain the optimum quality or characteristic of a product. |
| BI | Business Intelligence. |
| BILL OF EXCHANGE | A source document that documents an unconditional request for a third-party to pay a second party on demand. |
| BIN (BEVICA RELATED) | A physical storage unit that is used for placing and storing items. This can be anything from a small container box to an open space on a pallet rack. It is the smallest unit of the warehouse logical structure. |
| BIN CONTENT | The contents that are contained within the bin, including the physical quantity of items in the bin, as well as information about volume and status (e.g. defective). Bin content is the basis for the pick and put-away creation in Bevica. |
| BIN CREATION WORKSHEET | Warehousing feature to create bins in bulk. |
| BIN RANKING | A measure for prioritising replenishment movements. This indicates which bin should be replenished first. A bin with a high bin ranking number has a higher priority than one of a lower number. |
| BIN REPLENISHMENT | Relocating material from a bulk storage area to an order pick storage area, and documenting this relocation. This is so that the proper quantity of items is maintained for that bin so that the performance of the warehouse is kept at an optimum level. |
| BIN TYPE | A classification for the type of activity that is performed from a particular bin. For example, a bin that has the bin type “receiving,” should contain only items that have been received into the warehouse but have not been put away. Some examples of bin types are: receiving, shipping, picking and put-away. |
| BLOCKED | Hold status. |
| BLOCKING | The action of placing a document or product on hold. |
| BOM | Bill of Materials. |
| BOM (BILL OF MATERIALS) | A list of products and their quantities that are required to produce one product. |
| BOM ITEM | Item containing a bill of materials. |
| BOM NUMBER | Master bill identifier. |
| BREAK-BULK | To break a larger unit of measure down to a lower unit of measure during the picking process in order to fulfil the correct quantity for the picking order. |
| BRL | Business Ready Licensing. |
| BUDGET CONTROL | A practice of authorising expenditure only when budget funds can be reserved to meet future payment commitments. |
| BUDGET CONTROL DIMENSION | A combination of active financial dimensions values used to allocate budget funds to pay for planned activities. |
| BUDGET CONTROL RULE | The encoding of a business decision to check committed and actual expenditure against available budget funds allocated for detailed or aggregate activities defined by valid budget control dimension value combinations. |
| BUDGET CYCLE TIME SPAN | A time period specified as a number of fiscal calendar periods. The budget period can be different from the accounting period. |
| BUDGET GROUP | A set of financial dimension values in a budget dimension hierarchy that is used to calculate aggregate budget funds allocated to superordinate financial dimension values by summing budget funds allocated to subordinate financial dimension values. |
| BUDGET MODEL | A planning structure used to schedule budget fund allocations and expenditures. |
| BULK ITEM | A formula item input into a product delivery activity. |
| BUNDLE | The combination of a number of products for sale as one unit. |
| BUSINESS UNIT | A semi-autonomous operating unit that is created to meet strategic business objectives. |
| CAPACITY COST | Direct costs for a work centre. |
| CAPACITY LOAD | The maximum amount of scheduled work that a work centre can perform at a required capacity level. |
| CAPACITY OVERHEAD COSTS | Indirect costs for a work centre. |
| CAPACITY PLANNING | A procedure for determining the resource capacity requirements that meet the demand of future output during specific time periods. |
| CARRY-FORWARD BUDGET | The budget that is transferred from one fiscal year to the next and that is reserved for open purchase orders in the new fiscal year. |
| CASE EQUIVALENT | See Eq. Case. |
| CASH-GENERATING UNIT | The smallest group of classifiable assets that generates cash independently of other assets within an organisation. These groups of assets are used to measure impairment losses that will be incurred. |
| CATCH WEIGHT | The actual or nominal weight of a sales item or inventory item. |
| CDS | Common Data Storage. See Dataverse. |
| CFMD | Certified for Microsoft Dynamics. |
| CHART OF ACCOUNTS | A list of main accounts. |
| CMS | Content Management Server. |
| COA | Chart of Accounts. |
| COB | Close of business; Usually referring to a 5:30PM deadline. |
| CODEUNITS | Codeunits contain code that is used in many application objects. (Note: AL is the programming language Business Central is programmed in). |
| COGS (COST OF GOODS SOLD) | An accounting category used to sum the financial consequences of manufacturing products and carrying inventory. |
| COMPONENT FORECAST | Independent demand. |
| CONSUMPTION JOURNAL | Issue component inventory to production orders. |
| CONTRACTOR | A role assumed by a person who participates in a contractor-employer relationship with a legal entity. |
| CO-PRODUCT | An item produced jointly with another item. |
| COST ACCOUNTING | In cost accounting, actual costs of operations, processes, departments, or products are recorded. These costs are allocated to cost centres and cost objects by using different cost allocation methods. Managers use statistics and reports, such as cost distribution sheet and profit and loss analysis to make decisions and reduce costs. Cost accounting retrieves data from the general ledger but works independently. Therefore transactions posted in cost accounting do not affect the data in the general ledger. |
| COST ALLOCATION | Cost allocation is a process of allocating costs to cost centres or cost objects. For example, the wage of the truck driver of the sales department is allocated to the sales department cost centre. It is not necessary to allocate the wage cost to other cost centres. Another example is that the cost of an expensive computer system is allocated to the products of the company that use the system. |
| COST CENTRE | Cost centres are most often departments and profit centres that are largely responsible for company’s costs and income. Cost centres can be synchronised with dimensions in the general ledger. It is also possible to add new cost centres and define their own sorting with subtotals. |
| COST OBJECT | Cost objects are products, product groups or services of a company, the finished goods of a company, that in the end carry the costs. Cost objects can be synchronised with dimensions in the general ledger. It is also possible to add new cost objects and define their own sorting with subtotals. |
| COST TYPE | The chart of cost types has the same function as the chart of accounts in the general ledger. They are often structured similarly. Therefore, it is possible to transfer the general ledger chart of accounts to the chart of cost types and then modify it. The chart of cost types can also be created from scratch. |
| COST VARIANCE | The difference between an expected cost and an actual cost. |
| COSTING | The process of calculating, assigning, and allocating the cost of economic resources acquired, produced, or delivered by an organisation. |
| CRITICAL UPDATE | A critical update is a broadly released fix for a specific problem that addresses a critical, non-security-related bug. |
| CRM | Customer Relationship Management. |
| CROSS DOCK | To move items directly from the receiving area to the shipping area, thereby minimising handling and storage and allowing sales orders to be shipped sooner. Noun and adjective form: cross-dock. |
| CROSS-DOCK OPPORTUNITY | Shortage List. |
| CROSS-REFERENCES | Customer item, vendor item, catalogue item. |
| CRP | Capacity Requirements Planning. |
| CSF | Critical Success Factor. |
| CTP (CAPABLE-TO-PROMISE) | The portion of product output from available operations resources and available input product required to fulfil a specific customer requirement. |
| CURRENCY CODE | An alphanumeric identifier that represents a currency unit. |
| CUSTOMER LEDGER ENTRIES | There are other sets of ledger entries. Customer ledger entries identify the posted shipments and invoices related to a customer; vendor ledger entries do the same for a vendor. |
| CYCLE COUNTING | An inventory accuracy audit technique where inventory is counted on a cyclic schedule rather than once a year. A cycle inventory count is usually taken on a regular defined basis (often more frequently for high-value or fast-moving items and less frequently for low-value or slow-moving items). Most effective cycle counting systems require the counting of a certain number of items every workday with each item counted at a prescribed frequency. |
| CYCLE TIME | The time taken to complete an activity. |
| DASHBOARD | The typical start page in Finance and Operations apps. On the dashboard, users see a section for each workspace that they have access to. Each section displays the tiles from the summary sections in the related workspace. The dashboard consists of a name and sections with tiles. |
| DATA ENTITY | An information structure that represents the data characteristic of an entity. |
| DATAPORTS | Dataports, now obsolete and replaced by XMLPorts, were used to import and export data from other applications, for example, a list of potential contacts for the Contact Management application area from an external source. |
| DATAVERSE | Microsoft Dataverse lets you securely store and manage data that's used across business applications. Dataverse includes a base set of standard tables that cover typical scenarios, but you can also create custom tables specific to your organization and populate them with data by using Power Query. App makers can then use Power Apps to build rich applications that use this data. |
| DCOM | Distributed Component Object Model. |
| DDE | Dynamic Data Exchange. |
| DDV | Drill Down Viewer. |
| DELEGATE | A delegate is a type that represents references to methods with a particular parameter list and return type. |
| DELIVERY NOTE | A business document that documents the delivery of products between two parties. |
| DEMAND FORECAST | A prediction of future product demand. |
| DEMAND FORECASTING | A business process that estimates future demand and creates demand forecasts based on historical transaction data. |
| DEPLOYABLE PACKAGE | The vehicle used for deployment on User Acceptance Test (UAT) and production environments. |
| DESIGN | Feature in that lets users modify the default company view of a page. |
| DESIGNER | A user that has the knowledge and security permissions to modify and update technical elements. |
| DIMENSION-BASED PRODUCT CONFIGURATION | A configuration technology used to create product variants by selecting values for product dimensions. |
| DIRECT COST | These are the costs that can be directly allocated to a cost object, for example, material purchase for a specific product. |
| DISTINCT PRODUCT | A uniquely identifiable product. |
| DOCUMENT MANAGEMENT SYSTEM | An application service for storing and handling an organisation's documents. |
| DPC | Dynamics Partner Connections. |
| DROP SHIPMENT ORDER PROCESSING | Buying and selling stock where the goods physically go direct from the supplier to the customer with an agent taking ownership in-between, i.e. the supplier invoices the agent and the agent invoices the customer. |
| DUTY | In the security model, a set of application access privileges that are required for a user to carry out their responsibilities. |
| DYNAMIC ALLOCATION | Dynamic allocations are dependent on changeable allocation bases, for example, the number of department employees, or the sales revenue of the project within a certain period of time. There are nine predefined dynamic allocation bases that users can define by using five filters. |
| DYNAMICS 365 BUSINESS CENTRAL | Dynamics 365 Business Central is the cloud based financial and transnational management Business Application that integrates with the Common Data Service. Dynamics 365 Business Central evolved from Dynamics NAV. |
| DYNAMICS NAV | Dynamics NAV is the legacy name for Microsoft Enterprise Resource Planning application that was originally an acquisition of a software program called Navision. Dynamics NAV has evolved into Business Central. |
| EDI | Electronic Data Interchange. |
| EFT (ELECTRONIC FUNDS TRANSFER) | A networked system for transferring funds from one bank account to another. |
| ENVIRONMENT | A specific instance of a Common Data Service for a particular company or department. |
| EPE (EVERY PRODUCT EVERY) | A lean concept that is used to establish a regular repeating production cycle. |
| EQ. CASE | Unit of measure equal to a traditional 12 bottle case (12x75cl). Allows comparison of units across different format for reporting. |
| ERP | ERP is the acronym for Enterprise Resource Planning which describes business applications that typically manage financial, operational, and transnational based scenarios in an enterprise organisation. Dynamics 365 Business Central Bevica is an ERP application. |
| EVENT | An event lets a class or object to notify other classes or objects when something of interest occurs. |
| EXPECTED RECEIPT DATE | The date, calculated by program or entered manually, on which an inbound item will be available. |
| EXTENSION | Customising an application by adding functionality to existing code. |
| FA | Fixed Assets. |
| FEATURE PACK | A feature pack is new product functionality that is first distributed outside the context of a product release and that is typically included in the next full product release. |
| FIFO | First In First Out; the cost associated with the inventory that was purchased first is the cost expensed first. |
| FINANCIAL DIMENSION | A financial data classifier created from the parties, locations, products, and activities in an organisation and used for management reporting. |
| FINANCIAL DIMENSION VALUE | A data element in the domain of a financial dimension. |
| FINANCIAL STATEMENT | A report that documents the financial information and financial position of an organisation. |
| FIND ENTRIES | The Find Entries feature allows you to identify the source transaction that created a posted transaction, such as the sales order shipment that created a posted invoice. It also highlights related information, such as item ledger entries and customer ledger entries. |
| FIXED BIN | A bin that is dedicated to hold only a specific predetermined item or type of item. This type of bin is not used as a floating bin. |
| FIXED COST | These are the costs that are not dependent on the level of goods or services produced by the company. They tend to be time-related, such as salary or rent being paid per month. They are in contrast to variable costs, which are volume-related, and are paid per quantity produced. |
| FIXED CURRENCY | A currency that has a fixed exchange rate in relation to another currency. |
| FIXED REORDER QUANTITY | Time-phased order point used in inventory replenishment. |
| FLOATING BIN | Any bin that is not fixed to store a specific item or type of item and are used to store items as they come into the warehouse. |
| FLOWFIELD | Flowfields display the result of a calculation based on data elsewhere in the ERP. For example, the Account Balance field in the General Ledger Account table shows the balance of the account and is calculated as the sum of the Net Amount fields for all General Journal entries in the account. |
| FLOWFILTER | Flowfilters are filters that can be applied to Flowfields to impact their result. For example, a user may want to sum only the amounts of customer entries that are entered in April. This is possible if the application has been designed using FlowFilter fields in connection with the Flowfields. |
| FORMULA | A numeric relationship among production process inputs and production process outputs. |
| FORMULA ITEM | An output of a batch process controlled by a formula. |
| FS | Field Service. |
| GENERAL BUDGET RESERVATION | A document that is often used by public sector entities to set aside or earmark budgeted funds so that those funds are not available for other purposes. |
| GL | General Ledger. |
| GP (DYNAMICS GP) | Dynamics GP was a Microsoft mid-market Enterprise Resource Planning application that was originally an acquisition of a software company called Great Plains. |
| GRACE PERIOD | The time period beyond a specified date during which an obligation can be fulfilled without penalty. |
| GST (GOODS AND SERVICES TAX) | A value-added tax levied in some countries/regions. |
| HOTFIX | A hotfix is a single, cumulative package that includes one or more files that are used to address a problem in a product and are cumulative at the binary and file level. A hotfix addresses a specific customer situation and may not be distributed outside the customer's organisation. |
| HR | Human Resources. |
| HTML | Hypertext Markup Language. |
| HTTP | HyperText Transfer Protocol. |
| HTTPS | HyperText Transfer Protocol with Secure Sockets Layer. |
| IE | Internet Explorer. |
| IIS | Internet Information Services. |
| INBOUND FLOW | Items moving into the warehouse location, such as purchases and inbound transfers. |
| INDIRECT COST | These costs are not directly accountable to a cost object, such as a particular function or product. Indirect costs may be either fixed or variable. Indirect costs can be tax, administration, personnel, and security costs and are also known as overhead costs. |
| INTERCOMPANY | Occurring between or relating two or more legal entities that are part the same organisation that consolidates the accounts of all legal entities. |
| INTERNAL FLOW | Items moving inside the warehouse location, such as production components and output. |
| INV | Inventory OR Invoice. |
| INVENTORY MOVEMENT | A warehousing related document to internally move stock in the warehouse. |
| INVENTORY PICK | A warehouse related document to inform users what and where to pick goods for dispatch. |
| INVENTORY PUT-AWAY | A warehouse related document to inform users where to store recently receipted goods. |
| INVOICE DISCOUNT | Discount (surcharge) related to total order value. |
| INVOICE MATCHING | A practice of matching vendor invoice prices and product quantities to purchase orders and product receipts. |
| ISV | ISV is the acronym for Independent Software Vendor that builds and licences Third Party Apps for the Business Application Platform. |
| ITEM ALLOCATION KEY | A product family grouping that is used for forecast and demand scheduling. |
| ITEM JOURNAL | Inventory adjustments. |
| ITEM LEDGER ENTRIES | Inventory transaction audit trail. |
| ITEM RECLASSIFICATION JOURNAL | Internal inventory movements. |
| ITEM RELATION | A reference to the item allocation group or the item and its product dimensions in a Kanban rule. |
| ITEM TRACKING ENTRIES | Transaction history for lot and serial-traced item. |
| ITEM TRACKING POLICY | Lot- and serial-control policies. |
| ITEM VALUE ENTRIES | General ledger transaction audit trail. |
| JOB JOURNAL | Issue inventory to a job. It is also used to report resource time expended on a job. |
| JOURNAL | A journal typically pertains to general ledger transactions, and a set of inventory transactions that impact inventory value are also termed a journal. Each line item in a journal represents one inventory transaction, and line items can be prepared and modified prior to posting. Journals are used for different types of inventory transactions as shown below. |
| JOURNAL NAME | Type of journal transaction. |
| KPI | Key Performance Indicator. |
| LEAN MANUFACTURING | A philosophy in which manufacturing operations promote lean production flows and business activities. |
| LEAN SCHEDULE GROUP | A way in which to aggregate items for production, for example, based on a setup group, shipping group, or transport group. |
| LEDGER ACCOUNT | A classifier created from the combination of main account value and other financial dimension values listed in a chart of accounts and used to classify the financial consequences of economic activity. |
| LEDGER ENTRIES | Several sets of ledger entries represent the inventory transaction audit trail for an item. This audit trail consists of item ledger entries and physical inventory ledger entries, and the transaction type is termed ledger entry type. An items inventory transaction audit trail also consists of lot and/or serial numbers (based on the item tracking policies) that are identified as item tracking entries. The financial equivalents for an inventory transaction audit trail are termed item value entries. An item s value entries identify and segment the financial impact for each inventory-related transaction, such as segmenting a purchase order receipt into direct and indirect costs. With standard costing, item-related value entries also identify variances and changes to standard cost that revalue existing inventory. There are other sets of ledger entries. Customer ledger entries identify the posted shipments and invoices related to a customer; vendor ledger entries do the same for a vendor. |
| LEDGER ENTRY TYPE | Transaction type. |
| LEVEL | Level is used to define allocation order. Level is defined as a number between 1 and 99. The allocation posting follows the order of the levels. For example, level ensures that first administration is allocated to workshop before workshop is allocated to vehicle and production. |
| LICENCE CODE | An alphanumeric key that grants a party the right to use software or software components as prescribed in the terms of the licence agreement, and that activates and inactivates software modules, software capabilities, and software functions. |
| LIQUIDITY | The ability of a party to use current assets to settle current liabilities. |
| LOCATION CODE | Site, warehouse, stockroom, plant. |
| LOT-FOR-LOT | Period lot size. |
| MANUFACTURING OVERHEAD COSTS | Item-related overhead. |
| MASTER SCHEDULING | The process for generating a timetable for matching supply with demand. |
| MAXIMUM | Time-phased min/max. |
| MCP | Microsoft Certified Professional. |
| MCT | Microsoft Certified Trainer. |
| MICROSOFT 365 / M365 | Microsoft 365 is a collection of productivity apps in the cloud that includes Office 365, Enterprise Mobility + Security (EMS) and access to Microsoft Windows. |
| MICROSOFT FLOW | See Dataverse. |
| MO | Manufacturing Order. |
| MOVEMENT WORKSHEET | Warehousing feature, plan what lines need to be moved within the warehouse. |
| MPS | Master Production Schedule or Master Production Scheduling. |
| MPS ITEM | Item with independent demand. |
| MRP | Manufacturing Resource Planning OR Material Requirements Planning. |
| MRP ITEMS | Item without independent demand. |
| MRPII | Manufacturing Resource Planning. |
| MS | Microsoft. |
| MSDN | Microsoft Developer Network. |
| MULTILINE PRODUCTION ORDER | Production order with extra line(s) for make-to-order component(s), or generated from a multiline sales order. |
| MVP | Most Valuable Professional. |
| NAVIGATE | The Navigation feature allows you to identify the source transaction that created a posted transaction, such as the sales order shipment that created a posted invoice. It also highlights related information, such as item ledger entries and customer ledger entries. |
| NAVUG | Dynamics NAV Users Group. |
| NBV (NET BOOK VALUE) | The value of a fixed asset calculated as the difference between the original cost of the fixed asset minus its accumulated depreciations. |
| OBJECT DESIGNER | Lists objects in the Dynamics NAV application and gives you access to designers that you use to create and modify objects. The following objects and designers are available from Object Designer. Now obsolete. |
| OBJECT PERMISSION | A permitted create, read, update, delete, or execute operation on a securable object. |
| ODATA | The Open Data Protocol (OData) is a web protocol that is designed for querying data and provides an alternative to SOAP-based web services. OData builds on web technologies such as HTTP and JavaScript Object Notation (JSON) to provide access to information from different sources. You can use OData web services to show Business Central data and you can update data in a Business Central database using OData web services. OData can be found across in other Microsoft products and technologies. |
| ODBC | Open Database Connectivity. |
| OFFICE 365 / O365 | Office 365 is a cloud-based suite centered around business productivity which includes apps like Outlook, Word, Excel, Teams, PowerPoint and more. |
| OLAP | Online Analytical Processing. |
| OLE | Object Linking and Embedding. |
| OLE DB | COM-based data source interfaces. |
| OLTP | Online Transaction Processing. |
| ONPREMISE | On-premise is the concept of running Business Applications on infrastructure (servers, etc) owned and operated by the customer. |
| OPERATING UNIT | An organisation that divides the control of economic resources and operational processes among people who have a duty to maximise the use of scarce resources, to improve processes, and to account for their performance. |
| OPERATIONAL COST | Operational costs are the recurring expenses which are related to the operation of a business, a device, and a component. |
| ORDER TRACKING DATA | Pegging to source of demand and supply. |
| OUTBOUND FLOW | Items moving out of the warehouse location, such as sales and outbound transfers. |
| OUTPUT JOURNAL | Receive output from production orders into inventory. It is also used to charge work centre time against production order routings, thereby impacting WIP inventory value. |
| OUTPUT PRODUCT | The physical products that result from an activity. |
| OVERHEAD COST | These refer to ongoing expenses of operating a business. They are all costs on the income statement except for direct labour, direct materials, and direct expenses. Overhead costs include accounting fees, advertising, depreciation, insurance, interest, legal fees, rent, repairs, supplies, taxes, telephone bills, travel, and utilities costs. |
| OVERLAYERING | A method of customising source code by providing new source code that overrides the default source code. |
| OWA | Outlook Web App. |
| PA | Project Accounting. |
| PACKAGE | A package is a compilable and deployable unit of one or more models. |
| PAGE INSPECTION | Feature in Bevica that lets users see a page's fields and their values. |
| PARTY | A person or organisation that participates in economic activities. |
| PEGGING | The process of tracing the quantity of a required item to its source. |
| PEGGING EVENT | A resource flow event that signals the demand for a product. |
| PERSONALISE | Feature in that lets users modify their view of a page. |
| PHYSICAL INVENTORY JOURNAL | Inventory adjustments related to a physical inventory or a cycle count. |
| PICK | To physically withdraw from inventory items to be shipped or components of items to be assembled and shipped. |
| PICK WORKSHEET | Warehousing feature, plan which lines you want to pick. |
| PLANNED INTERCOMPANY DEMAND | Predicted demand for a product by a legal entity that assumes the role of a vendor. The planned demand is generated from planned demand for the product from a downstream legal entity. |
| PO | Purchase Order. |
| POP | Purchase Order Processing. |
| POS | Microsoft Point of Service for .NET OR Point of Sale System. |
| POSTING | A posting function must be performed before an inventory-related transaction updates the inventory value and/or inventory balance. Illustrations of inventory-related transactions include purchase order receipts, sales order shipments, production order output, and inventory adjustments. The concept of posting allows multiple transactions to be entered and reviewed prior to updating the database. For example, the posting concept allows multiple inventory adjustments to be prepared, and then a single user-initiated function (the posting function) updates the database. The posting function can be performed for a single transaction or a set of transactions and represents a mass-update approach for a set of transactions. As a mass-update approach, the posting function provides immediate on-line notification of errors (such as lot numbering requirements on a receipt transaction) within the set of transactions. Errors can then be corrected before performing the posting function again. |
| POWER APP | Power Apps is a suite of apps, services, and connectors, as well as a data platform, that provides a rapid development environment to build custom apps for your business needs. Using Power Apps, you can quickly build custom business apps that connect to your data stored either in the underlying data platform (Microsoft Dataverse) or in various online and on-premises data sources (such as SharePoint, Microsoft 365, Dynamics 365, SQL Server, and so on). |
| POWER AUTOMATE | Microsoft Power Automate is tool that can be configured to allow communications between different software applications. For example, an action in a Dynamics 365 app can trigger a Flow to copy information from Dynamics 365 to send an email via Outlook. |
| POWER BI | Microsoft Power BI is a visualisation and reporting tool that can directly interrogate Bevica as well as combine other data sources. |
| POWER PLATFORM | The Microsoft Power Platform is a collection of business features designed to allow better communication between Microsoft products and integration with the outside world. These include; Power BI, Power Automate, Power Apps, Power Virtual Agents. See each entry for more details. |
| POWER VIRTUAL AGENT | With Microsoft Power Virtual Agent create and manage powerful chatbots without the need for code or AI expertise on an easy-to-use graphical interface. |
| PR | Payroll. |
| PREPARER | The person who creates a source document to initiate a request for economic resources. |
| PROCUREMENT CATALOGUE | A listing of product offerings that are grouped by procurement category. A procurement catalogue is used to request products for internal use by an organisation. |
| PRODUCT DIMENSION | The size, colour, or configuration product attributes that are used for dimension-based product configuration. |
| PRODUCT FAMILY | A unique grouping of items, services, or rights that either participates in the same production or delivery activities or that are offered to the same market segments. The grouping is represented by using a forecast allocation key. |
| PRODUCT MASTER | A standard or functional product representation that is the basis for configuring product variants. |
| PRODUCT RECEIPT | A source document that documents the receipt of products ordered, the receipt of products returned, or the receipt of products received on consignment. |
| PRODUCT VARIANT | A configuration of a product master. |
| PRODUCTION FAMILY ITEM | Identifier for a group of co-products. |
| PRODUCTION FLOW | A production process designed using Lean principles. |
| PRODUCTION FLOW MODEL | A representation of the production capacity provided by a group of work cells in a production flow process. |
| PRODUCTION FORECAST | Set of forecasted demands consisting of sales forecasts, component forecasts or both. |
| PRODUCTION ORDER | A source document that documents the manufacturing requirements for producing items to meet a demand. |
| PRODUCTION ORDER COMPONENTS | Order-dependent bill. |
| PRODUCTION ORDER ROUTING | Order-dependent routing. |
| PRODUCTION SCHEDULE | A schedule to produce a specific item and item quantity at a specific time and by specific human and operational resources. |
| PROFILES | Profiles are collections of users who share the same Role Centre. |
| PROJECT ORDER | Production order generated from a multiline sales order. |
| PROSPECT | A participant that has the existing and potential ability to provide a service or probable future economic benefit to a legal entity. |
| PURCHASE AGREEMENT POLICY | A policy that authorises parties to modify purchase agreement terms. |
| PURCHASE ORDER POLICY | A policy that authorises parties to modify purchase order terms and to control order processing. |
| PURCHASE QUOTATION | A source document that documents an offer to purchase a quantity of product for a specified price and by a specified date in response to a request for quotation in a procurement process. |
| PURCHASE REQUISITION | A source document that documents product requests so that they can be submitted for review and be used to authorise purchasing by a purchasing organisation. |
| PUT-AWAY | To remove the item from the receiving area, transport it to a specific location in a storage area, and record the movement and the exact location of the item. |
| PUT-AWAY WORKSHEET | Warehousing feature, plan which lines you want to put away. |
| QUANTITY VARIANCE | The difference between an ordered product quantity and a received product quantity when no more receipts are expected. |
| QUERY | A query enables designers to retrieve data from multiple tables and combine the data in single dataset. |
| RDMS | Relational Database Management System. |
| RDS | Remote Data Services. |
| RECEIPT ADVICE | A business document that documents a summary of the products a buyer receives from a vendor. |
| RECLASSIFICATION JOURNAL | Inventory movements. |
| RECONCILIATION | A practice of adjusting two or more accounts or statements so that the figures agree. |
| REDUCTION KEY | A method that is used to increase or decrease forecast requirements in master planning, based on user defined percentages that are applied during specific periods. |
| REGISTER | Registering The registering function must be performed before an inventory movement transaction (that does not affect inventory value) updates the database. The key difference with the posting function is that it does not affect inventory value. The registering function applies to warehouse documents used to move material, such as putting away material after posting its receipt, or picking material to a staging area prior to posting its shipment. |
| REGISTERING | The registering function must be performed before an inventory movement transaction (that does not affect inventory value) updates the database. The key difference with the posting function is that it does not affect inventory value. The registering function applies to warehouse documents used to move material, such as putting away material after posting its receipt, or picking material to a staging area prior to posting its shipment. |
| REORDERING POLICY | Replenishment method. |
| REPLENISHMENT SYSTEM | Make/buy/transfer code. |
| REPORTS | Reports are used to present data that contains summary information, for example, a list of customers. Batch jobs are also a type of report. |
| REQUESTER | The person who requests the economic resources. |
| REVALUATION JOURNAL | Changes to an item s inventory value. |
| RFQ (REQUEST FOR QUOTATION) | A source document that documents an invitation to bid on supplying a quantity of product for a specified price and by a specified date. |
| RM | Receivables Management. |
| ROLE CENTRE | A Role Centre is a users home page. It contains multiple elements or parts. Each part is a container in which you can host other pages or pre-defined system parts, such as an Outlook part or parts for adding tasks, notifications, or notes. |
| ROUTING NUMBER | Master routing identifier. |
| RTC | Real-time Communications. |
| SAAS | Software as a Service. |
| SALES AGREEMENT | A source document that documents an agreement between two or more parties based on an understanding that a selling party will commit to selling a specific quantity or value of product over a period of time in exchange for favourable prices and discounts. |
| SALES AGREEMENT POLICY | A policy that authorises parties to modify sales agreement terms. |
| SALES FORECAST | Independent demand. |
| SALES ORDER POLICY | A policy that authorises parties to modify sales order terms and to control order processing and payment processes. |
| SALES QUOTATION | A source document that documents an offer to supply a quantity of product for a specified price and by a specified date in response to a request for quotation in a sales process. |
| SDK | Software Development Kit. |
| SECURITY ROLE | A defined set of application access privileges. The security role assigned to a user determines which tasks the user can perform and which parts of the user interface the user can view. All users must be assigned at least one security role in order to access the system. |
| SECURITY UPDATE | A security update is a broadly released fix for a product-specific, security-related vulnerability. Security vulnerabilities are rated based on their severity. The severity rating is indicated in the Microsoft security bulletin as critical, important, moderate, or low. |
| SEGREGATION OF DUTIES | A design principle used to reduce the risk of fraud, irregularities, and errors that separates the recording, verification, authorisation, custody of assets, and periodic review duties of people who participate in, document, or record the financial consequences of economic transactions. |
| SEQUENCING | The order in which jobs are processed or operations are performed at a manufacturing facility to achieve objectives. |
| SERVICE PACK | A service pack is a tested, cumulative set of all hotfixes, security updates, critical updates, and updates. Service packs may also contain additional fixes for problems that are found internally since the release of the product and a limited number of customer-requested design changes or features. |
| SHARE | The portion or part that is allocated among cost centres or cost objects. |
| SHARED ASSET | An asset that is used by more than one cash-generating unit (CGU). An example is a distribution centre that is used to store items before they are transported to different markets that share that same distribution centre. |
| SINGLE USE KANBAN | A type of Kanban that is used with a fixed quantity Kanban rule to meet exceptionally high demand. A single use Kanban does not trigger a new Kanban when it is discarded. |
| SMART ROUNDING | A marketing practice to use odd numbers that are marginally less than their nearest round number to set prices. |
| SMB | SMB is an abbreviation for small and medium-sized business, sometimes seen as small and midsized business. |
| SO | Sales Order or Service Order. |
| SOAP | SOAP (formerly an acronym for Simple Object Access Protocol) is a messaging protocol specification for exchanging structured information in the implementation of web services. It uses XML Information Set for its message format and relies most often on Hypertext Transfer Protocol (HTTP), although some legacy systems communicate over Simple Mail Transfer Protocol (SMTP), for message negotiation and transmission. |
| SOFTWARE UPDATE | A software update is any update, update rollup, service pack, feature pack, critical update, security update, or hotfix that is used to improve or to fix a software product that is released by Microsoft Corporation. |
| SOP | Sales and Operations Planning. |
| SOP | Sales Order Processing. |
| SOURCE REQUIREMENT | The product quantity documented on a source document line that creates a pegging requirement. |
| SP | SharePoint. |
| SPECIAL ORDER | Where goods bought on a purchase order are linked to a specific sales order, goods are first delivered to your warehouse before dispatch to the customer. |
| SQL | SQL is the acronym for “Structured Query Language” but also refers to the underlying database technology used by Microsoft Business Applications. |
| SQLXML | SQL Server XML. |
| STATIC ALLOCATION | Static allocations are based on a fixed set of values, for example, the square meters used, or an established allocation ratio, such as 5:2:4. |
| STATIC WEIGHTING | Costs are allocated according to allocation keys, which can be modified by using a multiplier. |
| STATISTICAL BASELINE FORECAST | An estimate of future demand that is created by applying a forecasting algorithm to historical transaction data. |
| STEP VARIABLE COST | Step variable costs are costs that change dramatically at certain points because they involve large purchases that cannot be spread out over time. For example, one employee can produce 100 tables in a month. The employee’s wage is constant over a production range of 1 to 100 tables. If the company wants to produce 110 tables, the company needs two employees. So the cost will double. |
| STOCKKEEPING UNIT (SKU) | Authorised location and/or variant code for an item. |
| TABLES | Tables are the fundamental objects. They store the actual data, which is organised within the tables in individual records. |
| TEAMS | Microsoft communication App. |
| THIRD PARTY APP | A Third Party App is a business application built using the Common Data Service platform but has not been built or licenced by Microsoft. Third Party Apps can be built by Citizen Developers, ISVs or Partners. |
| TRANSACTION AUDIT TRAIL | Item ledger entries; item tracking entries, physical inventory ledger entries. |
| TRANSFER BATCH | The quantity of one or more items that is transferred or that can be transferred. |
| TRANSFER ORDER | Document for moving stock between locations. |
| TRENDSCAPE | Matrix view of summarised data by time period. |
| TWO-WAY MATCHING POLICY | A matching policy that requires one or more vendor invoice prices to match with one or more purchase order prices. |
| UCI | UCI is the acronym for Unified Client Interface and describes a more modern user interface experience specifically for Model Driven Apps that are optimised for web, tablet and phone based experiences. |
| UI | User Interface. |
| UPDATE | An update is a broadly released fix for a specific problem. An update addresses a non-critical, non-security-related bug. |
| UPDATE ROLLUP | An update rollup is a tested, cumulative set of hotfixes, security updates, critical updates, and updates that are packaged together for easy deployment. A rollup generally targets a specific area, such as security, or a component of a product, such as Internet Information Services (IIS). |
| USER | Users are people who use software. |
| VALUE ENTRIES | The financial equivalents for an inventory transaction audit trail are termed item value entries. An item s value entries identify and segment the financial impact for each inventory-related transaction, such as segmenting a purchase order receipt into direct and indirect costs. With standard costing, item-related value entries also identify variances and changes to standard cost that revalue existing inventory. |
| VALUE STREAM | An operating unit that controls one or more production flows. |
| VAR | Value Added Reseller. |
| VARIABLE COST | Variable costs are expenses that change in proportion to the activity of a business. Variable costs are the sum of marginal costs over all units produced. Fixed costs and variable costs make up the two components of total costs. |
| VARIANT | A variant is used as an optional user-defined label for allocations. The purpose of the label is to filter groups of allocation. |
| VARIANT CONFIGURATION TECHNOLOGY | A method of modelling product masters and searching for product variant configurations. |
| VAT (VALUE-ADDED TAX) | A tax on products at each stage of their production based on the value added during that stage. |
| VB | Visual Basic. |
| VBA | Visual Basic for Applications. |
| VENDOR CATALOGUE | A listing of product offerings that are available for purchase from a vendor. |
| VENDOR INVOICE | A source document that documents a vendor payment request. A vendor invoice can refer to one or more purchase orders. When the vendor invoice is authorised, a payment can be made to the vendor. |
| VENDOR LEDGER ENTRIES | There are other sets of ledger entries. Customer ledger entries identify the posted shipments and invoices related to a customer; vendor ledger entries do the same for a vendor. |
| VERSION NUMBER | Version of a master bill of materials; version of a master routing. |
| VS | Visual Studio. |
| WAREHOUSE ACTIVITY | An activity in the Warehouse Management application area. Each activity has its own menu item. |
| WAREHOUSE ADJUSTMENT | The process of adjusting bin content records. A negative adjustment decreases the quantity of items in the bin. A positive adjustment increases the quantity of items in the bin. |
| WAREHOUSE CLASS | The categorisation of items, zones, and bins according to special conditions or special equipment that are required for the storage of items. Examples of warehouse classes can be: frozen, dry, hazardous, and so on. |
| WAREHOUSE ITEM JOURNAL | A warehousing related operation to increase or decrease stock in the warehouse. |
| WAREHOUSE ITEM RECLASS. JOURNAL | A warehousing related operation to internally move stock in the warehouse. |
| WAREHOUSE MOVEMENT | A warehousing related document to internally move stock in the warehouse. |
| WAREHOUSE PICK | A warehouse related document to inform users what and where to pick goods for dispatch. |
| WAREHOUSE PUT-AWAY | Warehousing feature, document used to register warehouse put-aways. |
| WAREHOUSE RECEIPT | The physical acceptance and recording in the program of an item arriving into a warehouse location. |
| WAREHOUSE SHIPMENT | The act of shipping items from a warehouse location and recording the shipment in the program. |
| WEB SERVICE | The term Web service refers to a server running on a computer device, listening for requests at a particular port over a network, serving web documents (HTML, JSON, XML, images). In a Web service a Web technology such as HTTP is used for transferring machine-readable file formats such as XML and JSON. |
| WMS | Warehouse Management System. |
| WO | Work Order. |
| WORK CELL | A resource group that participates in a production flow activity. |
| WORKER | A person who assumes the role of an employee or a contractor and is paid in exchange for services. |
| WORKSPACE | A page that provides an overview of one of the activities that the user performs. The page uses tiles, lists, and charts to display pending work and related data from multiple sources, and the page surfaces frequent tasks related to this data. Tiles shown in the summary section of the workspace are also displayed in the related section in the dashboard. |
| XBRL | Extensible Business Reporting Language. |
| XML | Extensible Markup Language. |
| XMLPORTS | A Business Central object used to import and export data. |
| ZOOM | Feature in Navision, now replaced by 'Page Inspection' that let users see a page's fields and their values. |