Getting Started
Basic Terminology
This section explains the principal business terms used throughout the application. Understanding these terms will help you work consistently across Sales, Purchasing, Warehouse, Finance, Inventory, and project-related activities.
Sales and Project Terms
| Term | Meaning |
|---|
| Direct order | An order entered directly into the system for a customer or supplier transaction, without first creating a separate quotation or request process. |
| RFQ | A request for quotation. It is used to request pricing, availability, delivery terms, or other commercial information before purchasing or selling. |
| Sales jobs | Sales-linked jobs or commercial work items managed through the sales process. A sales job may include customer requirements, quotations, costs, purchasing activity, and delivery obligations. |
| Projects | Structured work engagements that bring together related sales, purchasing, financial, and operational activities. A project may contain one or more jobs and associated transactions. |
| PM | Project management functions and settings used to plan, monitor, and control project-related work. |
| Buyouts | Goods, services, or subcontracted components purchased externally for a job or project. Buyouts are normally considered when reviewing project costs and job profitability. |
| Job profitability | Analysis of the revenue, costs, and resulting profit for an individual job or project. It helps identify whether planned and actual commercial performance is meeting expectations. |
| Term | Meaning |
|---|
| Accounts | Records for customers, suppliers, or other business organizations. An account stores the organization-level information used in commercial and financial processes. |
| Contacts | Records for people associated with Accounts, such as customer representatives, supplier contacts, or other business representatives. |
Purchasing and Financial Terms
| Term | Meaning |
|---|
| L/Gs | Letters of guarantee managed as part of commercial or financial operations. They may be associated with customer, supplier, contract, or project obligations. |
| Targets and budgets | Planned business goals and financial spending or revenue allocations. These values are used to support planning, performance monitoring, and financial control. |
Warehouse and Inventory Terms
| Term | Meaning |
|---|
| Warehouse | The storage and stock-handling operation for products and inventory. Warehouse activity can include receiving, storing, issuing, transferring, and monitoring goods. |
| Stock | Goods or inventory quantities held by the business. Stock records support availability checks, warehouse operations, and inventory control. |
| Product serial combination | A record used to manage product serial numbers or serial-number configurations. It supports identification and control of serialized product items. |
| Serial status | The operational state assigned to a serialized product item. The status helps determine how that item may be handled in inventory and operational processes. |
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