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.

Movement

Movements of assets result from the individual transactions relating to an asset, e.g. inflows, write-ups, cost reductions and disposals.

Postings in Project accounting to accounts of the asset account group lead to asset movements in WINPACCS Inventory management.

Example: Posting the procurement of a new asset in the Project accounting leads to the Acquisition by purchase movement for a new asset. 

Movements that do not involve any cash flows and are therefore not posted in the Project accounting are entered in WINPACCS Cloud.

Example: The transfer of an asset which is still usable at the end of a project to the project partner is entered with the Forwarding to partner movement.

Reductions in value are not considered as movements in WINPACCS.
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Glossary

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