Term

Definition

Action Reason

The reason an action took place. Can be chosen from a drop down list of free from. Both will be set by Business Rules.

Adjustment

A change in Transaction/Payment information

Allocation

A sub section of the Payment, what the Payment is broken down into.

Allocation Code

A specific 1-20 digit alphanumeric sequence that is associated with the Allocation.

Allocation Name

The name of the Allocation.

Balanced (Batch Status)

From Open, a Batch must be Balanced. The Batch will then be in a Balanced state.

Batch

A set of Transactions.

Batch Date

Normally associated with the actual Date the Batch is Opened. (Business Rules would state actual function of this date.)

Batch Status

One of five states that a Batch is in. The five states are Open, Balanced, Rejected, Closed, and Reopened.

Business Rule

A rule that the company must follow.

Business Unit

A grouping of Payment Types. Will limit the ability to access User data.

Closed (Batch Status)

A Balanced Batch must be Approved or Rejected. If Approved the Batch will be in a Closed state.

Collection Point

The point within the Office that a Transaction is taken. This location is smaller than Office. (mail, walk-in, etc.)

Company

The name of the Company.

Date Received

Normally associated with the actual Date the Transition has been taken. (Business Rules would state actual function of this date.)

Department

The name of the Department. This location is smaller than Company.

Deploy

The step to make configuration changes to be active.

Endorsement

Information printed on the back of a Tender for a Bank Deposit.

Entry Timestamp

The exact Date and Time that an action took place.

Fund

Account where allocated money from a Payment is sent to.

Machine ID

The machine that the Transaction was taken on.

Maintenance

The information that is configured. Is what is Deployed.

Office

The name of the Office. This location is smaller than Department. (Main, Remote, Southside, etc.)

Open (Batch Status)

A Batch is started in an Open state.

Payment

A service or fee that money it collected for.

Payment Code

A specific 1-5 digit alphanumeric sequence that is associated with the Payment.

Payment Name

The name of the Payment.

Payment Origin

Where the Payment originated from.
(Cashier, Import, etc.)

Query

A search of information reflecting a given criteria.

Receipt

Printed document that states the payment of money for goods or service.

Rejected (Batch Status)

A Balanced Batch must be Approved or Rejected. If Rejected the Batch will be in a Rejected state.

Remittance

Balancing features in iNovah Administration and Management Portal.

Reopended (Batch Status)

A Balanced Batch must be Approved or Rejected. If Approved the Batch will be in a Closed state.

Report

Document of information reflecting a given criteria.

Starting Cash

The amount of Cash that a Cashier starts with in a new Batch.

System Interfaces

The ‘connection’ between iNovah and the backend system.

System Rule

A rule that the system (iNovah) must follow.

Tender

An official medium of payment; Monetary means of payment.

Tender Code

A specific 1-5 digit alphanumeric sequence that is associated with a specific Tender.

Tender Name

The name of the Tender.

Tender Pickup

When an amount of Tender is removed from the drawer of a cashier by a designated person. (This amount is automatically added during Balancing.)

Transaction

A set of Payments. Transaction Numbers will be unique within the Batch.

Validation

Information printed on the bill to inform that the bill was paid.

Void

A Canceling of a Transaction that had been previously taken.

Voided

State of a Transaction after a Void or Adjustment.

Voiding

A Transaction created by iNovah to offset a Voided Transaction.