12. Glossary¶
- Account¶
A collection of transactions recording a balance over time. Types of accounts included checking, savings, cash, investment, etc. Each account contains a list of credit or debit transactions with a specific amount and date/time of occurrence. Accounts are usually held with a financial institution
- Budget¶
A named collection of spending or savings goals used to track finances. A budget is useful to measure target versus actual spending or savings over a period of time.
- Budget Goal¶
A specific spending or savings goal used for budgeting. A goal includes all criteria including amount, time period and field data used to track a specific aspect of the financial information.
- Currency Code¶
A three-digit alphanumeric code used to identify a currency. This currency code follows international standards defined in ISO 4217. Example: ‘USD’ for United States dollar or ‘EUR’ for the euro.
- Dashboard¶
A visualization of financial information composed of multiple dashboard pages each with a customizable layout of dashboard items (also called widgets).
- Dashboard Page¶
A named, customizable layout of dashboard items within a dashboard that forms its own group or tab. A dashboard can be separated into multiple pages, each with a different layout and number of dashboard items.
- Dashboard Widget¶
Individual widgets that can be placed on a page within the dashboard. Each widget provides a highly visual summary of specific financial information.
- Field¶
The most basic representation of data within a transaction. Many different types of fields for date/time, amount, description, etc. make up a transaction.
- Field Definition¶
Defines properties such as data type and name used to describe a transaction field. The definition is used to define and identify a field.
- Financial Institution¶
A bank, credit union, credit card company, investment firm or other company that manages financial information or provides monetary services. These companies usually manage accounts and facilitate transactions for deposits, withdrawals, loans and the like.
- Payee¶
A partner for a transaction - either the receiver or sender. The payee is more commonly used for expenses where it is the merchant to which funds were sent for payment. If income, this may be the individual or organization from whom funds were received.
- Reminder¶
A scheduled event that will occur on the calendar and that represents something to remember. Reminders are useful to record upcoming bills or tasks.
- Split¶
An abbreviated term for a Transaction Split.
- Transaction¶
A record of assets or liabilities moving from one location (originator) to another (responder). Transactions usually occur between accounts of a buyer and seller but may also be a transfer between accounts of the same entity. All transactions should contain at minimum a date/time and amount field.
- Transaction Split¶
Part of a transaction that has been divided into several separate pieces with differing amounts. A single transaction can contain multiple splits. Splits are useful when a transaction originates from a single source but should be categorized more than one way.
- Transaction Template¶
A defined structure of fields and settings used to create a transaction. Templates are useful to automatically create transactions with information and data already populated.
- Transfer¶
A movement of funds from one account to another represented by two separate transactions of opposite amounts. To designate a transfer, transactions must be linked together.