N

Natural Account Segment In Oracle General Ledger, the segment that determines whether an account is an asset, liability, owners’ equity, revenue, or expense account. When you define your chart of accounts, you must define one segment as the natural account segment. Each value for this segment is assigned one of the five account types.

Nesting The act of grouping calculations to express the sequence of routines in a formula. Traditional mathematical nesting uses parenthesis and brackets. Oracle General Ledger EasyCalc? uses a straightforward and logical nesting method that eliminates the need for parenthetical expressions.

Net Allocation Allocation in which you post the net of all allocations to an allocated-out account.

Node An instance of an activity in an Oracle Workflow process diagram as shown in the Process window of Oracle Workflow Builder. See also Process .

Non-Invoice Related Claim A claim that is due to a discrepancy between the billed amount and the paid amount, and cannot be identified with a particular transaction.

Note Name A name that uniquely identifies a standard or one-time note. You use note names to locate a note you want to use or copy on a document.

Numeric Number Type An option for numbering documents, employees, and suppliers where assigned numbers contain only numbers.

O

Object or Object Classification A means of identifying transactions by the nature of the goods or services purchased, such as personnel compensation, supplies and material, or equipment. Typically, Object is a segment of your Accounting Flexfield when you implement Oracle Public Sector Financials. Many agencies have standard object classification codes. Objects are also known as "Detail" in some governments.

Obligation An encumbrance you record when you turn a requisition into a purchase order.

Omit An AutoCreate? option that lets a buyer prevent Purchasing from including certain displayed requisition lines when creating a purchase order or RFQ. If you omit a requisition line, Purchasing returns it to the available pool of requisition lines.

One-to-Many Attribute A relationship in Oracle Financial Analyzer where one or more values of a base dimension are related to a single value of an aggregate dimension. For example, if you have a One-to-Many attribute definition where the base dimension is Organization and the aggregate dimension is Level, each organization can be related to only a single level.

One-Time Item An item you want to order but do not want to maintain in the Items window. You define a one-time item when you create a requisition or purchase order. You can report or query on a one-time item by specifying the corresponding item class.

One-Time Note A unique message you can attack to an order, return, order line, or return line to convey important information.

Open An open purchase order exists if the purchase order has any lines that have not been fully invoiced and are not canceled. If you require receipt for items you order, an open purchase order exists if any lines have not been fully received and fully invoiced and are not canceled.

Open Interface A Manufacturing function that lets you import or export data from other systems through an open interface. An example is a bar code reader device accumulating data you later import into your manufacturing system for further processing.

Operator A mathematical symbol you use to indicate the mathematical operation in your calculation.

Organization A business unit such as a company, division, or department. Organization can refer to a complete company, or to divisions within a company. Typically, you define an organization or a similar term as part of your account when you implement Oracle Financials. See also Business group .

Outside Operation An operation that contains outside resources and possibly internal resources as well.

Outside Processing Performing work on a discrete job or repetitive schedule using resources provided by a supplier.

Outside Processing Operation Any operation that has an outside processing resource. See Outside Resource

Outside Processing Item An item you include on a purchase order line to purchase supplier services as part of your assembly build process. This item can be the assembly itself or a non-stocked item which represents the service performed on the assembly.

Outside Resource A resource provided by a supplier that you include in your routings, such as supplier sourced labor or services. This includes both PO move and PO receipt resources.

-- DianeMcHugh - 20 Jun 2007