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Glossary

If the terms are not right, things lose their order. (Confucius)

The WINPACCS glossary provides helpful explanations on the WINPACCS technical terms that are used most frequently.

This glossary / collection contains many important specialist terms in four languages and explains them within the framework of WINPACCS. It helps to quickly clarify terms spoken about and used in the multi-lingual environment of international development cooperation and how they are to be understood in the application.

For information purposes

In WINPACCS, partner postings, which have no effect on one’s own annual accounts are called for information purposes.

In many development cooperation projects, project funds are made available to partners. If the payment to the partner is posted as a cost in Project accounting (or Company accounting), the partner's individual expenditures are shown in Project controlling for information purposes, that is, separately from the balance sheet effective postings. 

In WINPACCS this procedure is controlled by the voucher type of a journal. Journals with the “For information purposes” voucher type are used to import and display the postings of partners in Project controlling. These postings are not passed on to Project accounting or Company accounting, since the payments to the partner are already posted there as costs.

Glossary

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