ultimate consignee

The final recipient of merchandise.

unified identification code

An identification number, in Bulgaria, that is assigned to legal persons and some natural persons working in sole proprietorships or partnerships.

The number is issued by the National Statistical Institute, also known as Bulstat.

unified identification code

A tax number, in Bulgaria, assigned to all legal persons by the National Statistical Institute.

It is also used for some sole proprietorships, partnerships, and other business forms.

uniform valuation

A valuation of all stocks of a material according to the same valuation criteria.

unit costing

Determination of preferential duty rate for an item after exploding a bill of materials.

unit costing

A method of costing that does not use bills of material or routings.

Unit costing calculates planned costs for base planning objects, and also supports detailed cost planning for objects, such as:

• Material cost estimates without a quantity structure
• Additive costs
• Orders
• Cost objects
• Projects
• Sales document items

unit of entry

A unit of measure in which a goods movement or physical inventory count is entered.

The unit of entry can differ from the stockkeeping unit.

Example

• Order unit for a goods receipt against a purchase order
• Unit of issue for a goods issue

unit of entry

A unit of measure in which a goods movement or physical inventory count is entered.

The unit of entry can differ from the stockkeeping unit.

Example

• Order unit for a goods receipt against a purchase order
• Unit of issue for a goods issue

unit of issue

Unit of measure in which materials are issued from the warehouse or stores.

The unit of issue enables you to record material usage or consumption, stock transfers, transfer postings, and physical inventories in a unit of measure other than the stockkeeping unit.

unloading point

Goods receiving point at the ship-to party location.

For example, this can be a dock where the goods are unloaded.

unplanned consumption

The difference between total consumption and planned consumption.

Unplanned consumption is updated if goods are withdrawn from stock without a reservation.

Planned consumption is updated if goods are withdrawn based on a reservation.

unplanned delivery costs

A delivery costs that are not planned in a purchase order and are not entered in the system until the invoice is received.

unplanned depreciation

An unplanned value correction as the result of a reduction in asset value, that appears to be permanent.

unplanned withdrawal

An issue of a material without reference to a reservation.

Unplanned withdrawals result in the updating of the figures for total and unplanned consumption in the consumption (usage) statistics for the material.

unrestricted-use stock

The valuated stock of a material held and owned by a company that is not subject to usage restrictions.

update

A process that takes place when inventory sampling is performed.

During an update, the system:

• Reads new count results
• Determines which book inventory balances and book values have changed
• Checks whether a subsequent random selection is necessary for any strata or for the complete-count area.

US GAAP & GAAS

The United States Generally Accepted Accounting Principles (GAAP) and Generally Accepted Auditing Standards (GAAS).

usage variance

The difference between planned and actual costs caused by higher usage of material, time, and so on.

useful life

The reasonable length of time expected for using the asset, depending on the individual depreciation area.

Within this time period, the asset should be written off completely. The actual technical life of the asset can exceed this time period.

The useful life expectancy for the various asset types is defined in depreciation tables.

UVI company number

UWV company number

An identification number assigned, in the Netherlands, to companies by the benefits agency.

In the Netherlands, the benefits agency is known as Uitvoering Werknemersverzekeringen