- IAS – An abbreviation for “International Accounting Standard.”
- Identity Card # – This facility exists for overseas countries, however we have provided for Australia when it comes!
- Impact 208
- Impairment: A reduction in the carrying value of an asset that has exceeded its depreciation period.
- IFRS Chart of Account – The company IFRS chart of accounts is basically a filing system for categorizing all of a company’s accounts and classifying all transactions according to the accounts they affect.
- Incl. Extn of Time/Risk – The time in days impacts on completion of the project due to the Risk activity. Need Risk2Do to be created with extension of time.
- Incl. in Amendments/Risk – The amendment to the order includes costs associated with the Risk item.
- Income – The money a business receives for its commercial activities.
- Incoming # – Each incoming document is given a Muli system number issued in sequential order starting the 00000001.
- Incoming 3 Buttons
- Incoming RegisterThe Muli Incoming Register includes provision for monitoring and applying electronic document transfer for approval and workflow management and includes provision for incoming:
- Unapproved Invoices
- Upgrading Progress Claims
- Incoming Correspondence
- Incoming Facsimiles
- Phone Call Management
Options exist to monitor progress and ensure all incoming items are properly dealt with.
- Income Statement – A financial statement that summarizes revenue, expenses and profit. Also known as a profit and loss account.
- Incorporation – The date in which a business is legally established.
- Identifier from Bank
- Individual Protect Authorisation
- Insurance (N)
- Interest: A payment to the lender of money. Usually calculated by percentage.
- Internal – Refers to use within the system, whereas external refers to reports and documents meant for use by clients, suppliers, etc.
- Inventory: The supply of stock or goods that a business has for sale.
- Inventory Obsolescence – Inventory that can no longer be sold. For example, clothing that has gone out of fashion or too much stock.
- Inventory Shrinkage – When there is a reduction of stock from reasons other than selling, such as Damage and theft.
- Investment – The purchase of products or services that could increase profit.
- Investors – People or businesses who have invested money into a business for a share of ownership.
- Invoice # – The Invoice number shown on the document
- Invoice Construction Project – When a project is defined in this manner, the project contribution is automatically calculated based on the excess of AR invoice – Approved for payment + (Accrued) can be used for traditional types of business.
- Invoice Date (AP) – The date the Supplier put on the invoice. Note: where a Supplier has backdated an invoice and the accounting period has been closed for invoicing (ie: particularly if year-end accounts have been completed), THEN the invoice date will have to be in the open period range and the Supplier’s date may be added to the description.
- Invoice Gross – The total cost of the invoice including GST, but excluding retention.
- Invoice Net – The value of the invoice applied to the project/order, excluding GST.
- Invoice Scope (Note 280) (AR)
- Invoice(d) Value(s) – The value of goods and/or services that have been billed to a customer (including progress claims).
- Item Manager Who/Risk – Who may be a RPC or Organisation who is responsible to ensure the Risk2Do item is completed. Does not have to be the doer, but supervision of the doer.
IDev Tes2021-02-17T19:01:07+10:00