vocabulary:
  name: Sage Accounting Vocabulary
  description: Domain vocabulary for Sage cloud ERP and accounting software covering financial management, invoicing, payroll, and business operations terms.
  version: "1.0.0"
  created: "2026-05-02"
  url: https://developer.sage.com/

terms:
  - term: Contact
    label: Business Contact
    definition: >-
      A customer, supplier, or combined customer-supplier record in Sage Accounting.
      Contacts store name, address, payment terms, and account balance information.
    tags:
      - Accounting
      - CRM

  - term: SalesInvoice
    label: Sales Invoice
    definition: >-
      A document sent to a customer requesting payment for goods or services delivered.
      In Sage Accounting, sales invoices move through states: Draft, Sent, Paid, Void.
    tags:
      - Invoicing
      - Accounts Receivable

  - term: PurchaseInvoice
    label: Purchase Invoice
    definition: >-
      A bill received from a supplier for goods or services. Also called a vendor bill.
      Tracked in Sage Accounting for accounts payable management.
    tags:
      - Invoicing
      - Accounts Payable

  - term: LedgerAccount
    label: Nominal Ledger Account
    definition: >-
      An account in the chart of accounts used to categorize financial transactions.
      Ledger accounts have nominal codes and can be organized by type (sales, expenses,
      assets, liabilities).
    tags:
      - Accounting
      - Chart of Accounts

  - term: NominalCode
    label: Nominal Code
    definition: >-
      A numeric code assigned to ledger accounts in Sage Accounting that classifies
      income, expense, asset, and liability categories in the chart of accounts.
    tags:
      - Accounting
      - Classification

  - term: BankReconciliation
    label: Bank Reconciliation
    definition: >-
      The process of matching transactions in Sage Accounting bank accounts with
      actual bank statements to ensure accuracy of financial records.
    tags:
      - Banking
      - Accounting

  - term: TaxRate
    label: Tax Rate
    definition: >-
      A configured percentage used to calculate tax on invoice line items. Sage
      supports VAT, GST, and other tax frameworks depending on business location.
    tags:
      - Tax
      - Configuration

  - term: OAuth2
    label: OAuth 2.0 Authorization
    definition: >-
      The authentication standard used by Sage APIs. Developers register applications
      at developer.sage.com and use the authorization code flow to obtain access tokens.
    tags:
      - Authentication
      - Security

  - term: LineItem
    label: Invoice Line Item
    definition: >-
      An individual product or service entry on an invoice with quantity, unit price,
      tax rate, and ledger account allocation. Multiple line items make up an invoice.
    tags:
      - Invoicing

  - term: PaymentTerm
    label: Payment Term
    definition: >-
      The agreed period within which a customer must pay an invoice, such as Net 30
      (payment due 30 days from invoice date) or immediate payment.
    tags:
      - Accounting
      - Credit Management

  - term: FinancialYear
    label: Financial Year
    definition: >-
      The 12-month accounting period used by a business. Sage Accounting configures
      the financial year start date for period-end reporting and tax calculations.
    tags:
      - Accounting
      - Reporting

  - term: SageIntacct
    label: Sage Intacct
    definition: >-
      Sage's cloud-based advanced financial management platform for mid-market and
      enterprise organizations, offering multi-entity consolidation, project accounting,
      and revenue recognition with REST and XML APIs.
    tags:
      - ERP
      - Accounting