1. Date Document - The date to appear on the document.

  2. Date of Birth - When did the person first see light and start being independent!

  3. Date on Object -

  4. Date Order - When was the Oeder / Subcontract written.

  5. Date Range (Project)

    This has two dates:-

    First Transaction (Date Project) The project history records within Muli are set to operate between the first and last transaction date and has nothing to do with contract dates. You cannot get a transaction outside the transaction date range.

    Last Transaction (Date Project) Usually the end of the financial year after the end of the Defects Liability period.

  6. Date Received - When was the document / Object received.

  7. Date Worksheet - When was the worksheet last updated.

  8. Dear

  9. Debenture- A type of share issued by a limited company. A debenture is the safest form of share and is usually tied to an asset; therefore, if a company should fail the holder would own the particular asset.

  10. Debtors (Account Receivable) - Customers who owe money to a business.

  11. Declaration Date

  12. Default- When a company is unable to meet a financial obligation to a creditor.

  13. Default Subject

  14. Defect Description 203

  15. Defect Duration Weeks - Most contracts have a defect libility period, that generally starts once practical completion is obtained. at the end of the defects liability period any defects (if any) are rectified and the contract is then complte, with final monies paid.

  16. Deficit- When income or liabilities exceed assets.

  17. Delivery Address ( 3 Lines)
    This is NOT the project site address - that is entered against the Project. 
    The delivery address is not currently used in any Muli prepared documents, but it could be used by you when you create your own documents. For example you could prepare a personalised letter accompaning a Christmas gift you are sending via courier to your Clients, Subcontractors or Prospects. When preparing the document you would select the COURIER address and this Delivery Address would be merged into the document.

  18. Dependencies -Scheduling - The activities that need to be completed to allow the curent activity to start.

  19. Depreciation- When the value of an asset decreases with time. Depreciation is usually a percentage and calculated at the end of each financial year.

  20. Deposit

  21. Derivatives - Financial instruments that vary in value according to an underlying asset, such as a stock or currency.

  22. Description - The description that appears on all financial reports.

  23. Description Project

    While the project is underway the definition is obvious, but 2 years later when you have completed a number of projects for the client on the same site it may be difficult. Ues abveriatrions ie Client Family / business name, Build type, location. eg;PC1234 Ampol -Cracking plant 06 Mtce, Mortlake,   PC1235 Jones, Heratage 3B,  Leichardt

    (only 30 long) This is a shorthand description of the project that will have meaning in the long term. Used as project handle for internal reporting. Try to include the Client, Location and where multiple projects may be completed for the client the building/specification; Tooheys, Auburn; Filtration Building, Rawson, 21 Randolf Street, Fairlight.

  24. Description – Project 45#

    Project description is the short name used to identify a specific project. It should include the client and the address and the project type. Remember that if you have a job for Ford at Broadmeadow, you hope to get many repeat jobs, so the project description would be Ford Broadmeadow Paint shop.

    This description is the name used in general discussion to refer to the project appearing on all:

    • Orders, Subcontracts, Amendments
    • Progress Claims
    • Financial Reports

    and should include the:

    • Owner
    • Location
    • Type of Project

    For example:

    • Muli computer - Head Office
    • AMP, Martin Place, L45
    • OTC Paddington Redevelopment
    • Bloggs Rumpus Extension

    Remember, if you have a Cost Based Contract Value, we recommend you have two consecutive projects and establish a Complimentary Project.

  25. Determine Existing Controls - Identify the existing management, technical systems and procedures to control risk and assess their strengths and weaknesses.

  26. Develop Risk Evaluation Criteria - Decide the criteria against which risk is to be evaluated. Decisions concerning risk acceptability and risk treatment may be based on operational, technical, financial, legal, social, humanitarian or other criteria. These often depend on an organisation's internal policy, goals, objectives and the interests of stakeholders.

  27. Digital Object -

  28. Direct Deposit - is the electronic transfer of funds from the account of the payer to the recipient's bank account.

  29. Discount 322

  30. Disclosure- Divulging accounting information in good faith so financial statements are understood.

  31. Discounted Cash Flow- A method of assessing investments (based on the today value of money allowing for interest that could be earned to the expected receipt) which could reduce the value of cash flow.

  32. Display RPC - Muli use Camel case to display the 'Responsable person code' when a individual is linked to a activity or occurance, to make the code more human readable ie Skeoch, Ron is 'skeoro but precented as 'SkeoRo' if you have a used different breakup then the upper case highlighting would change.

  33. Dividend- After tax profits which are distributed to shareholders. Most small companies distribute dividends at the end of each financial year; however, larger companies usually distribute on a quarterly basis.

  34. Documents Associated - A Number of different applications allow users to link documents registered through the incomming or digital registers to be linked with a note as to there significants of the document to the parent document holder without the need to open the document to find out.

  35. Document Date - the date that appears on the document

  36. Document Type 491

     

  37. Doer RPC

  38. Double-entry Book-Keeping- A system of accounting where every aspect of a transaction is recorded twice; as a debit and credit. In muli all transactions are entered one to the other side automatically updated to give the double entry.

  39. Drawings- Money that is taken by a company owner for their own personal use. Not to be confused with wages.

  40. Due Date (AP) - The date the invoice is expected to be paid. Muli calculates the pay terms onto the invoice date to give a default payment date which may be overwritten by the processing RPC.

  41. Due Date Cutoff

  42. Duration (days)- Generally associated with a particular calandar as a working day count.The calindar will determine the days for the count, Ie for concrete curing normal days, wher a activity taking 3 working days would only include week days - Public holidays, Rostered days off, annual shutdown, union picnic and depending on contract wet days - you know the story.