W

Warrant In government accounting, an order drawn authorizing payment to a designated payee. Not to be confused with a stock warrant.

Weighted-Average Exchange Rate An exchange rate that Oracle General Ledger automatically calculates by multiplying journal amounts for an account by the translation rate that applies to each journal amount. You choose whether the rate that applies to each journal amount is based on the inverse of the daily conversation rate or on an exception rate you enter manually. General Ledger uses the weighted-average rate, instead of the period-end, average, or historical rates, to translate balances for accounts assigned a weighted-average rate type.

Workflow Engine The Oracle Workflow component that implements a workflow process definition. The Workflow Engine manages the state of all activities, automatically executes functions, maintains a history of completed activities, and detects error conditions and starts error processes. The Workflow Engine is implemented in server PL/SQL and activated when a call to an engine API is made. See also Account Generator , Activity , Function , Item Type .

Y

Year Average-to-Date The average of the end-of-day balances for a related range of days within a year.

Year-to-Date Depreciation The depreciation taken for an asset so far this fiscal year.

-- DianeMcHugh - 03 Jul 2007

Topic revision: r7 - 15 Mar 2008 - 11:30:14 - JimCrum
Main.GlossaryWY moved from Consulting.GlossaryWY on 25 Dec 2007 - 20:22 by JimCrum - put it back
 
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