Glossary
This section provides a glossary of all terms and abbreviations used in the user manual.
Accounts
Continuing financial relationship between a bank and a customer, in which deposits and debts are held and processed within a framework of established rules and procedures.
Reports
A page containing information organized in a narrative, graphic, or tabular format, prepared on ad-hoc, periodic, recurring, regular, or as required basis. Reports may refer to specific periods, events, occurrences, or subjects.
It is a type of chart that consists of both bars and a line graph, where individual values are represented in descending order by bars, and the cumulative total is represented by the line.
It is a type of chart that is ideal for displaying hierarchical data. Each level of the hierarchy is represented by one ring or circle with the innermost circle as the top of the hierarchy. A sunburst chart without any hierarchical data (one level of categories), looks similar to a doughnut chart.
Virtual Account
Virtual accounts are provided to a corporate by its banking partner. Each account is a subsidiary or sub-account of the client’s own physical account with the bank; they cannot exist outside of the immediate relationship, hence they are virtual.
Virtual identifier serves to segregate any funds from any other funds in the same main account and yet is inextricably linked to the virtual account.