AppsPortal Business Glossary

Term	Business meaning
Active	Available for new business use. Deactivation normally preserves historical references.
Additive tax	Tax effect posted in the normal direction for the transaction, such as output VAT credit on a sale or input VAT debit on a purchase.
Allocation	Applying an amount or quantity across target lines, balances, cost centers, or invoice details.
Application token	Non-user credential for an approved integration, constrained by tenant and permission scope.
Available quantity	Quantity that remains issuable from an inbound stock layer or aggregate warehouse balance.
Base UOM	Item unit in which normalized stock quantity and cost are maintained.
Batch tracking	Stock tracking by a shared vendor/system batch number, normally with quantity and optional/required expiry.
Branch	Operating unit within a company that scopes users, documents, warehouses, sequences, and reports.
Business owner	Person accountable for confirming that documented behavior matches intended policy.
Closed period	Financial period that rejects normal posting, unposting, or backdated changes.
COGS	Cost of Goods Sold account used when inventory value leaves stock for a sale or current reconciliation shortage.
Contra account	Temporary balancing account used between two linked posting legs, such as a fund transfer.
Cost center	Analytical responsibility dimension attached to journal lines without replacing the GL account.
Credit limit	Maximum permitted outstanding exposure for a customer or salesperson according to policy.
Deductive tax	Tax effect posted opposite the additive direction and used to reduce the transaction's tax liability/receivable.
Detail/line	Item, service, account, payment, balance, tax, or allocation row beneath a document header.
Draft	Saved but not financially/stock effective; normally editable and deletable with permission.
Due balance	Outstanding scheduled amount remaining for an invoice or opening-balance due date.
ETA	Egyptian Tax Authority electronic-document integration.
Financial year/period	Calendar boundary that controls transaction dates and accounting availability.
Fixed cost	Configured cost stored by item variant and UOM for applicable valuation/reference behavior.
Goods in Transit	Inventory clearing account used between purchase/return/transfer stock and commercial accounting legs.
GL account	General Ledger posting account used by a journal line.
Item	Product or service master definition.
Item category	Hierarchical item grouping that can supply account/cost-center fallbacks.
Item variant	Stock or commercial variation of an item, often generated from attribute values.
Journal	Balanced debit/credit accounting record linked to a source document.
Landed cost	Freight/customs/insurance/other acquisition cost allocated to purchase inventory.
Last Purchase Cost	Latest inbound unit cost used when selected by Inventory costing settings.
Local amount	Transaction amount converted into company currency using the stored currency rate.
Operational tag	Manual Stock In/Out reason that also supplies the counterpart GL account.
Payment hub	Treasury or bank destination/source used by a payment.
Payment intent	Planned/linked payment request that can be processed and reopened by payment unpost.
Payment reconciliation	Applying posted Payment In availability to an invoice or opening-balance due balance.
Posted	Finalized state whose stock, subledger, and/or GL effects are effective.
Price policy	Rules resolving item/variant/UOM selling prices for a customer/context.
Reconciliation	Matching system and external/physical values or applying one financial balance to another.
Return status	Not Returned, Partially Returned, or Fully Returned based on remaining source quantities.
Reversal	New journal with opposite debits/credits that preserves the original posted journal.
Sequence	Controlled business-document numbering configuration.
Serial tracking	One-unit tracking by unique serial identity.
Source document	Business transaction that caused a linked stock, payment, journal, or return record.
Subledger	Customer, vendor, bank, treasury, asset, or inventory detail that supports the GL total.
Tax group account	Fallback GL account used when the selected tax definition has no direct account and the handler permits group fallback.
Tenant	Isolated customer/company environment whose data must never leak into another tenant.
Tracking number	Batch, serial, or generated expiry-batch identity used to trace stock.
Transfer request	Approved/requested demand for warehouse stock movement, fulfilled partially or fully by Stock Transfers.
UOM conversion	Ratio converting entered unit quantity/cost to the item's base unit.
Unpost	Controlled undo of a posted document, including linked balances/subledgers and journal reversal where implemented.
Weighted Average Cost	Remaining inventory value divided by remaining normalized quantity.
Workflow	Configurable ordered approvals that control whether a document may proceed to Post.
ZATCA	Saudi tax and customs electronic-invoicing integration.