This is a rough start to a definitions list and it's here for future construction.
Manufacturing
- Making things from raw materials, by hand or by machinery.
- The act or process of producing something.
- The process of making things by hand or by machinery, especially when done systematically with division of labor.
Business – The activities of buying and selling things for financial profits.
Manufacturing Business – One or more people engaged in the activities of making things and buying things in order to sell things for financial profit.
Customers - People who buy the things being manufactured.
Vendors - People who the Manufacturing Business buys things from. These things are either resold or facilitate the selling of the things being manufactured.
BusinessMaster
- A suite of Manufacturing Management tools.
- A Business Management Software Solution .
Address Book – a BusinessMaster database that stores customer and vendor contact information.
Item Master – a BusinessMaster database that stores information about items.
Sales Orders
- A BusinessMaster tool designed to create, manage and utilize Sales Orders.
- A document that a Business sends to customers offering them the sale of products. AKA a Sales Quote.
Packing Slip – A document that details items being bought by a customer. This Slip is sent with the shipped product and used for verification purposes.
DropShip – Shipping directly from a Vendor to a Customer.
Purchase Order – A document that a Business sends to Vendors requesting to buy things from them.
Receivings - Items received from Vendors.
Billable - An Item you buy and goes from BusinessMaster to your accounting program as a bill to be paid.
Receivable - An Item you sell. and goes to your accounting program as an invoice to receive payment with.
Book – To record an invoice to an account ledger.
Invoice – A request for payment.
Booking of Revenue - To record and invoice to an account ledger.
Accounts Receivable – Business Income
ProForma - provided in advance to prescribe form or describe items; not the official
Back Order Quantity – How much due that the Vendor hasn't shipped yet (Items on PO's that haven't been received)
Bill of Materials – A materials assembly list for production manufacturing.
