walking card

Authorization issued on behalf of a company to employees for purchasing goods and services for company travel.

The employee is responsible for payment and is later reimbursed by the company.

warehouse entry summary

In the USA, a document that identifies goods imported that are placed in a bonded warehouse.

warehouse withdrawal

A document filed with customs to allow goods to leave a bonded warehouse.

Duty is paid at this time.

weight group

A grouping used in delivery processing that refers to the weight of a material.

The weight group is one of the factors the system uses to determine the route. It is used in delivery scheduling to determine pick and pack time.

weighting factor

A number by which values are multiplied in order to give them a greater or lesser influence on an overall result.

In vendor evaluation, weighting factors are used to assign a greater or lesser weighting to the scores for individual main criteria in the calculation of the overall score.

weighting key

In vendor evaluation the key by which evaluation criteria are weighted according to their importance.

For example, the overall evaluation of a vendor is calculated from the scores awarded for the main evaluation criteria "price," "quality," and "delivery." The latter comprises "on-time delivery performance" and "quantity reliability."

If you consider a vendor's price to be more important than quality, and quality to be more important than delivery, you can assign weights to the criteria in a ratio of three for price, two for quality, and one for delivery. This ratio is recorded in a weighting key.

In vendor evaluation, the scores for different groups of vendors can be determined using different weighting keys.

weighting share

In vendor evaluation, the share of a vendor's overall score represented by the score for a main criterion.

For example, if the vendor's overall score is derived from the scores for the main criteria "price," "quality," "delivery," and "service," the shares of the individual scores in determining this overall score can be distributed as follows:

• Price 40
• Quality 30
• Delivery 20
• Service 10

WIP calculation

A procedure during period-end closing that calculates the work in process (WIP) for the following objects:

• Production orders
• Process orders

Postings for the WIP calculated by this procedure are generated in Financial Accounting when you settle.

WIP quantity

The quantity used to calculate the value of the unfinished products (work in process - WIP) in the Product Cost by Period component.

withholding agent

A company or person responsible for collecting withholding tax from employees or vendors, and then remitting the tax to the authorities.

withholding tax

A form of taxation deducted at the beginning of the payment flow.

Typically, an amount is withheld and paid over or reported to the tax authorities on behalf of (as opposed to by) the person subject to tax, the exception being self-withholding tax.

If a withholding tax exemption is available, withholding tax is not withheld.

The SAP System, distinguishes between:

• Classic withholding tax
• Extended withholding tax

Extended withholding tax enables the assignment of more than one withholding tax types to a business partner. This is necessary for calculating withholding tax in Argentina or Brazil.

withholding tax type

An object that classifies different types of withholding tax for processing purposes.

Withholding tax types classify different withholding taxes according to such features as:

• Point at which the tax is posted
• Method of calculating tax base amount
• Accumulation

Several withholding tax codes can be assigned to one withholding tax type.

work in process

The unfinished products whose costs are calculated in one of the following ways:

• By calculating the difference between the actual costs charged to an order and the actual costs credited to the order
• By valuating the yield confirmed to date for each milestone or reporting point, less the relevant scrap

workflow-relevant release code

A wo-character identifier with which a person responsible for processing a document can release (approve) an item of a purchase requisition, a complete purchase requisition, or a complete external purchasing document, or cancel a release, that is, revoke an approval.

In the case of a workflow-relevant release code, you assign a processor in Customizing for Purchasing. You can assign a processor directly or indirectly:

• Directly: The processor ID is a user name.
• Indirectly: The processor ID is, for example, a job or position. At runtime, the system determines the processor responsible.

write off

A business transaction in which an item in a customer's account is cleared against a write-off document.

In this case, the amount is posted as a loss.

write-off

A reduction (with an effect on profit) of a liabilities balance sheet item (such as investment support measures shown on the liabilities side of the balance sheet).

write-up

The reversal of past depreciation.

Write-ups are necessary either when the depreciation posted was too high or when the reasons for unplanned depreciation no longer apply.

writeup

The reversal of depreciation performed in the past.

Write-ups are necessary either when the depreciation posted was too high or when the reasons for unplanned depreciation no longer exist.

year-end closing

An annual balance sheet and profit and loss statement, both of which must be created in accordance with the legal requirements of the country in question.

Standard accounting principles require that the following be listed:

• All assets
• All debts, accruals, and deferrals
• All revenue and expenses

year-end settlement

A settlement type that lets you settle investment orders that are not yet closed at year's end to assets under construction.

year-end valuation

A description of a layer version for LIFO valuation at the end of a fiscal year.

yield

A quantity that is not scrap.

zero clearing

The clearing open items in one account or several accounts, but where no clearing postings are required.