1. Earned Income- The amount of wages, salary or service fees earned as compensation for products or services.

  2. Earning Per Share- A businesses net profit for a specific accounting period, divided by their shares outstanding.

  3. EBIT- An abbreviation for “earnings before interest and tax.”

  4. EBITA- An abbreviation for “interest, tax and amortization.”
  5. EBITDA- An abbreviation for “earnings before interest, tax, depreciation and amortization.”
  6. ECI is short for Electronic Commerce Interface as used by the Australian Tax Office.

     

  7. Edit Note Text

  8. Effort 406

  9. Element - A trade or cost allocation may compries a lot of different activities ie Bricklaying includes; Face Brick supply, Common Brick supply, Block supply, Sand, lime, cement, Brick sundries, damp course, brick laying, brick cleaning, expansion Joints, Cavity cleaning etc. So for tracking Purchasing and quality issues you need to be more specific hence the introduction of trade elements.

  10. Email Action 226

  11. Email RPC

  12. Emergency Contact 222

  13. Employee History

  14. Employee Membership no.

  15. Employee RPC
    The code of employee for whom the timesheet is to be maintained.
    F3 will display 3 options:

    • All employees in Payrun

    • RPC - Responsible person for maintaining timesheets

    • Approver of entered timesheet (prior to process of payrun)

      and you may select the appropriate view by using the F2 key, which sets the ongoing view

      The Pay person may set a payrun as Active and then display the list of all employees in the payrun and those who have been reviewed by the Pay person.

      When the Pay person starts the payrun processing, go to Payrun Processing and nominate yourself as the payrun processor.

      You can only be active on one payrun at a time.

  16. Employer Code

  17. Employment Type 505
  18. Encumbance- Money that is constrained in its potential use.
  19. Entry- An aspect of a transaction that’s recorded in a journal or ledger.
  20. ETP Type Emplyment Termination Payment Type. Different rules apply to different types of Employment Termination Payments.
    1. The First type are payments that are one of the following:
      1. a payment made under an early retirement scheme that exceeds the tax‐free limit* (only the amount in excess of the limit is an ETP).

      2. a genuine redundancy payment that exceeds the tax‐free limit* (only the amount in excess of the limit is an ETP).

      3. a payment made because of the employee’s permanent disability.

      4. compensation payment for personal injury, or unfair dismissal, or harassment or discrimination

      5. lump sum payments paid on the death of an employee.

        * The tax-free limit for the 2012-13 income year is $8,806 plus $4,404 for each year of competed service
    2. The Second type are all other payments that are not listed above.  They may include:

      1. a ‘golden handshake’ whether paid under ; contract , industrial award obligation, or recognition of prior service.
      2. a gratuity

      3. a payment in lieu of notice

      4. a payment for unused sick leave, or unused rostered days off

      5. any other ETP payment not covered in the First type listed above.

  21. End Date

  22. Enterprise Risk Management Software - Enterprise Risk Management Software automates the process of identifying, measuring and monitoring risk for industries such as Financial Services, Communications, Energy Insurance and Government.

  23. Equipment

  24. Equity- The owners’ share of a company. On a balance sheet equity represents the stockholders’ investment and retained earnings or losses. Or it represents the net worth of a company or person minus the total liabilities.

  25. Escrow- Money that is held by a third party until the fulfilment of specified conditions have been met.

  26. Est. Regions

  27. Estimate

  28. Estimate No

  29. Estimate Project

  30. Event - An incident or situation, which occurs in a particular place during a particular interval of time.

  31. Exclusions- Items which are excluded from a taxpayer’s gross income. Examples include gifts and inheritances. Exclusions are also known as excluded income.

  32. Existing Note Template

  33. Expect Pay Date

  34. Expenditure- Anything that is purchased for a business –stock, payment of salaries, etc. Expenditure affects income and profits and usually involves cash transactions.

  35. Expense Grouping 283

  36. Expense Type 285

  37. Expire Date

  38. Extn of Time (days) / Risk - Projected time in days that the activity will extend the contract duration. Impact of obstacle such as rain.

  39. Extn of Time Status 253