Terms and Definitions

Question 1

PnL

Answer 1

Profit and Loss / Statement of Income

Statement of Revenue and Expense for a given period.
Gives Net Income (= Revenue - Expenses)

Question 2

NIS

Answer 2

Net Income Statement

PnL YTD and for each of the previous 3 months.
Includes indicators and balance sheet numbers.

Question 3

Balance Sheet

Answer 3

Statement of value of Assets (= Investment), and Liabilities at a given date.
Gives Net Worth (= Assets - Liabilities)

Question 4

Cash Flow

Answer 4

Statement of Cash In and Cash Out for the period.

Gives the Net Cash Flow (= Cash In - Cash Out)

Question 5

DFE

Answer 5

Detailed Field Expenses

Gives further detail of the PnL, providing monthly detailed for each account code for the last 6 months.

Question 6

DSS

Answer 6

Detailed Source Statement

Provides more detail to NIS by showing every transaction for each account code of DFE.

Question 7

LPO

Answer 7

Local Purchase Order

Authorization to make a purchase. Must be completed and approved prior to any financial commitment and compliant with authorization limits.

Question 8

ROI

Answer 8

Return On Investment

The Net Income divided by the Investment / Net Worth.

Question 9

DSO

Answer 9

Days of Sales Outstanding

Calculated by taking the total amount of receivables, and counting back in time how many days it took to generate the same amount of income.

Question 10

GBV

Answer 10

Gross Book Value

Value of an asset at purchase.

Question 11

NBV

Answer 11

Net Book Value

Current value of an asset.
Equals the GBV minus all the monthly depreciations since the purchase of this asset.

Question 12

DIR

Answer 12

Days to Invoice Ration

Time from the job end to the customer invoice.