ERP Glossary

Precise definitions of terms used in Biznsbook and across inventory, manufacturing, and property operations.

GRN (Goods Received Note)

A GRN records stock received from a supplier against a purchase order. It updates warehouse quantities and average cost and supports GRN-to-invoice workflows to avoid double-counting when billing catches up to receiving.

How-to guide →

PO (Purchase Order)

A formal request to a supplier listing items, quantities, expected dates, and agreed prices. GRNs and supplier invoices are matched back to the PO for three-way matching and open-order reporting.

How-to guide →

FEFO (First Expired, First Out)

A picking rule that allocates stock from batches with the nearest expiry date first. Used for pharmacy, grocery, restaurant, and any perishable inventory.

Pharmacy industry page →

FIFO (First In, First Out)

Picks stock from the oldest receipt first by batch or receipt date. Common when expiry is not tracked but age matters for rotation.

Logistics industry page →

BOM (Bill of Materials)

Lists components, quantities, and operations required to manufacture a finished good. Work orders consume BOM lines through material issue and production entry.

Manufacturing module →

Work Order

A controlled production document that tracks material issue, production quantities (good, reject, rework, scrap), and QC against a BOM.

Manufacturing industry page →

Landed Cost

Freight, duty, and handling charges allocated across GRN lines to update true inventory cost — critical for wholesale distributors importing goods.

How-to guide →

Material Issue

Inventory movement from stock to a work order or production job, consuming BOM components. Issues reduce on-hand quantity and feed WIP until finished goods are received.

How-to guide →

Fabric Roll

A roll-numbered unit of fabric tracked in meters with barcode, remaining quantity, and consumption against stitching orders in apparel operations.

Clothing industry page →

Stitching Order

A tailoring job capturing customer, measurements, fabric source, and status from Received through Delivered — with optional alterations linked afterward.

Clothing industry page →

REMS (Real Estate Management System)

Biznsbook's property module covering leads, unit bookings, installment schedules, leasing, rent collection, and handover for developers and landlords.

Real estate industry page →

Z-report

End-of-shift POS summary showing tender totals, sales count, and variance — used to reconcile counter takings with accounting.

Retail & POS industry page →

OEM Cross-Reference

Lookup of parts by original equipment manufacturer number or alternate cross-reference on purchase and sales lines — common in automotive parts counters.

Automotive industry page →

In-Transit Transfer

Warehouse transfer state where stock has shipped from source but not yet received at destination — with optional in-transit accounting.

Warehouse module →

Toast Master / Alternate Items

In Toast POS integration, a master (DEFAULT) inventory item holds stock while alternate variants link with a conversion factor for recipe-style deduction.

Restaurants industry page →

Integration Entity Mapping

Links external system IDs (e.g. Shopify variant) to Biznsbook items for sync and order import. Only Shopify auto-creates SaleBill from inbound orders today.

E-commerce industry page →

WIP (Work in Progress)

Accounting bucket for partially completed manufacturing value between raw material issue and finished goods receipt.

Manufacturing module →

Batch / Lot

Traceability identifier on inventory movements for expiry tracking, recalls, and FEFO/FIFO picking rules per item.

How-to guide →

SaleBill

Biznsbook sales document for invoicing customers — line items, tax, discounts, delivery notes, and payment allocation. Shopify inbound orders can auto-create SaleBills when mapped.

How-to guide →

Upsert (Data Import)

Import mode that updates existing records when a key matches, or inserts new rows when no match is found — used in spreadsheet imports for items, customers, and opening balances.

How-to guide →

Payment Plan (Property)

Installment schedule tied to a unit booking in REMS — down payment, milestones, and due dates with receipts posted against each installment.

How-to guide →

QC Inspection

Quality check on production output recording pass, reject, rework, or scrap quantities against a work order before finished goods move to stock.

How-to guide →