- Features
- Organisations
- Responsible People
- Projects
- Site Administration
- Commitment
- Accounts Payable
- Accounts Receivable
- General Ledger
- Payroll
- Banking Foreign Currency
- Government & Authority Reporting
- Marketing
- Estimating
- Sales & Inventory
- Assets & Equipment
- Documents Management
- System Support
- Glossary
- A: ABN - Authority
- B: Backup - BRN
- C: Calendar - Cut-off
- D: Dates - Duration
- E: ECI - Extn of Time
- F: Factor - Function
- G: General - Guarantee
- H: Hazard - Human
- I: Identity - Item
- J: Job - Journal
- K: Kangaroo - KW
- L: Labour - Lump
- M: Main - Muli
- N: Name - Note
- O: Object - Overhead
- P: Paid - Project
- Q: QA - Questions
- R: Range - RPC
- S: Safe - SWOT
- T: Table - Types
- U: Units - User
- V: Valid - Voucher
- W: Web - Worksheet
- Products & Pricing
- Members Support
- Muli Associates
- Muli Open Source
- Blog
- Historical / Interest
- About
- Useful links
- Construction Project Management Software
- LibreOffice
- Muli Productive Contribution/Liquidity Chart
- Operational Risk management software
- Payroll Accounting
- Project Roles and Responsibilities
- Project Roles and Responsibilities
- Project Timesheet
- Resource
- Accounting Software Comparisons
- Accounting Software for Builders
- Australian Payroll Software
- Award Wages
- Builders Project Management Software
- Builders Software
- Building Construction Software
- Building Industry Software
- Building Software
- Construction Accounting
- Construction Payroll Software
- Construction Project Management Software
- Construction Software
- Employee Timesheets
- Job Cost Accounting Software
- Job Cost Software
- Job Costing System
- Linux Accounting Software
- Operational Risk Management Software
- Payroll Process
- Project Accounting Software
- Project Management Phases
- Project Management Processes
- Project Management Risks
- Project Roles and Responsibilities
- Project Scope Management
- Standard Business Reporting
- What is Risk Management
- Work Order Management Software
I
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IAS - An abbreviation for “International Accounting Standard.”
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Identity Card # - This facility exists for overseas countries, however we have provided for Australia when it comes!
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Impairment: A reduction in the carrying value of an asset that has exceeded its depreciation period.
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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.
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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.
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Incl. in Amendments/Risk - The amendment to the order includes costs associated with the Risk item.
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Income - The money a business receives for its commercial activities.
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Incoming # - Each incoming document is given a Muli system number issued in sequential order starting the 00000001.
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Incoming Register
The 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.
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Income Statement- A financial statement that summarizes revenue, expenses and profit. Also known as a profit and loss account.
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Incorporation- The date in which a business is legally established.
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Interest: A payment to the lender of money. Usually calculated by percentage.
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Internal - Refers to use within the system, whereas external refers to reports and documents meant for use by clients, suppliers, etc.
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Inventory: The supply of stock or goods that a business has for sale.
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Inventory Obsolescence- Inventory that can no longer be sold. For example, clothing that has gone out of fashion or too much stock.
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Inventory Shrinkage- When there is a reduction of stock from reasons other than selling, such as Damage and theft.
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Investment- The purchase of products or services that could increase profit.
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Investors- People or businesses who have invested money into a business for a share of ownership.
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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.
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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.
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Invoice Gross - The total cost of the invoice including GST, but excluding retention.
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Invoice Net - The value of the invoice applied to the project/order, excluding GST.
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Invoice(d) Value(s) - The value of goods and/or services that have been billed to a customer (including progress claims).
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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.