Glossary of Terms

ABM

Advanced Business Manager

ABN

Australian Business Number (Australia) VAT Registration Number (Ireland, UK, S. Africa) Tax Registration Number (Elsewhere)

ADH

Advanced Document Handling

ATO

Australian Tax Office

Bank Reconciliation

The procedure of checking entries in a bank statement against your own records.

BAS

Business Activity Statement (Australia only)

Bin Number

Exact location of stock

BSB Number

Bank/State/Branch code (Australia only) Bank Sort Code (Ireland)

COD

Cash On Delivery

csv

Comma-Separated Variables This file type is often associated with Microsoft Excel as this is one of the standard ways to transfer data into and out of a spreadsheet.

EFT

Electronic Fund Transfer

FBT

Fringe Benefits Tax (Australia)

FOB

Free On Board

GRN

Goods Received Note or Delivery Docket

GST

Goods and Services Tax (Australia only) VAT or Tax elsewhere

mdb

The file extension for a MS Access database

ODBC

Open Database Connectivity: An international standard for accessing stored data

P & L

Profit and Loss

SQL database

Standardised Query Language For requesting info from a database

txt

The file extension for any document created in Notepad, Word, WinWord, etc.

VAT

Value Added Tax

WIP

Work In Progress