Glossary


A | B | C | D | F | I | J | L | N | O | P | S | T | W

A

accounting period
The fiscal period used to report financial results, such as a calendar month or fiscal period.
AutoPost criteria sets
A grouping of options and submission frequencies used to select journal entries for automatic posting.

B

balancing segment
A chart of accounts segment used to automatically balance all journal entries for each value of this segment.
balancing segment value
The value of a balancing segment used to automatically balance journal entries.

C

chart of accounts
The account structure your organization uses to record transactions and maintain account balances.
clearing company
The intercompany clearing entity used to balance the journal.
context
A grouping of flexfield segments to store related information.
context segment
The flexfield segment used to store the context value. Each context value can be associated with a different set of context-sensitive segments.
context-sensitive segment
A flexfield segment that may or may not appear depending upon a context. Context-sensitive segments are attributes that apply to certain entity rows based on the value of the context segment.
conversion rate
Ratio at which the principal unit of one currency can be converted into another currency.

D

descriptive flexfield
Expandable fields used for capturing additional descriptive information or attributes about an entity, such as a customer case. You may configure information collection and storage based on the context.
descriptive flexfield
A configurable field that captures additional information.

F

flexfield segment
An extensible data field that represents an attribute and captures a value corresponding to a predefined, single extension column in the database. A segment appears globally or based on a context of other captured information.

I

infolet
A small interactive widget on the home page that provides key information and actions for a specific area, for example your personal profile. Each infolet can have multiple views.

J

journal approval
A process of authorizing a set of accounting transactions before submitting the entries for posting.
journal batch
An element of a journal entry consisting of the name, source, and accounting period. Used to group journals for processing and easier querying.
journal category
A name used to group journal entries with similar characteristics, such as adjustments, accruals, or reclassifications.

L

An entity identified and given rights and responsibilities by commercial law through the registration with country's appropriate authority.

N

natural account segment
A chart of accounts segment used to categorize your accounting transactions by account type: asset, liability, owner's equity, revenue, or expense.

O

opening accounting period
Denotes an accounting period where transactions and journal entries can be entered.

P

primary balancing segment value
A segment value used to represent a legal entity in the chart of accounts and automatically balance all intercompany and intracompany transactions and journal entries.

S

subject area
A set of columns, or pieces of data, related to a specific business object or area.

T

tree
Information or data organized into a hierarchy with one or more root nodes connected to branches of nodes. A tree must have a structure where each node corresponds to data from one or more data sources.

W

workflow
An automated process that passes a task from one user (or group of users) to another to view or act on. The task is routed in a logical sequence to achieve an end result.