Glossary

The words you meet in NirmaanOne, in alphabetical order, each with a short definition and a link to the article that explains it in full. Words written in bold are labels exactly as the app shows them.

Absorption

The share of the units designated Saleable that are Booked or Sold, shown as a percentage on the dashboard. PAP and Common units are left out, and units that are held, reserved, allotted or blocked count as not yet taken.

Also called: absorption rate, inventory absorption.

See Dashboard figures: absorption, funnel and operational money.

Active books

The set of books every accounting screen is working on, chosen in the Books switcher in the page header. A link someone sends you opens on the books it names.

Also called: books switcher.

See Books, the active books switcher and cost centres.

Advance

Money received from a party before any bill exists for it, such as the part of a receipt left over once the payer's open demands are settled. It sits on the party ledger's balance without a bill of its own.

See Party ledgers, bill-wise tracking and ageing.

Advance cap

The share of the consideration (10% by default; Settings > Organization) a promoter may take before a registered agreement for sale under RERA section 13. A receipt over it on a booking without a registration date is warned about, or refused when the organization blocks.

See Agreement for sale compliance.

Against Ref

An allocation on a bill-wise ledger that settles an existing open bill, up to what the bill still has outstanding.

See Party ledgers, bill-wise tracking and ageing.

Ageing bucket

How far past its due date an open bill is: Not due, 1–30 days, 31–60 days, 61–90 days or Over 90 days, counted to the report's as-of date.

Also called: ageing.

See Party ledgers, bill-wise tracking and ageing.

Agreed total

The grand total of the Approved estimate, GST included, copied onto the booking when it is made. It never changes afterwards.

See Booking: agreed total, applicants and shares.

AI connector

An approved link between one user and an AI assistant such as Claude or ChatGPT, through which the assistant looks up records and makes everyday changes as that user, with that user's permissions. It can never move money, approve, issue, publish or send email.

Also called: connection, connected app, MCP.

See AI connectors.

Allocation (payment)

The part of a receipt or payout earmarked for one target: an issued demand, a member's offer rows, a commission or a member's benefit rows. A receipt makes its own allocations when it is recorded (the payer's open demands, oldest due first); a payout's are picked by hand. What is left unallocated stays on the party ledger as an Advance or On Account.

See Receipts and payouts: allocation, clearing and the UTR.

Allotted

Unit status: promised to a named allottee by an offer. Removing the unit from the offer, or cancelling or deleting the offer, returns the unit to the status it had before.

See Unit status lifecycle: available, reserved, allotted, held, booked, sold.

Allottee

A person who receives new units through an offer rather than by buying them: a society member, a landowner or a PAP tenant.

Also called: tenant, member.

See Allottees: society members, landowners and PAP tenants.

Allottee purchase

An allottee buying a unit their offer allots, through the usual estimate, payment plan, approval and booking, with Per Sqft lines charged only on the area beyond their entitlement and fixed charges in full. Every allotted unit gets its own purchase, even one the entitlement covers completely.

See Allottee purchases.

Amenity

A facility of the project, such as a gym, a society office or a refuge area, taken from the organization's Amenities lookup. A Common unit can name the amenity it houses.

See Unit designation: Saleable, PAP, Common and Lookups and their codes.

APF

Approved project finance: a bank's approval of the project for home loans, with its code. Recorded on the project's Approvals tab so sales can quote it.

See Approvals.

Appropriation

Your hand-made split of the money received against a demand across the demand's charge lines. Each line takes at most what it bills and all lines together at most what was received; the split is what marks the schedule rows paid.

Also called: manual appropriation.

See Manual appropriation of receipts.

Approval gate

The rule that every estimate must be Approved before it can be booked, whatever its amount. Finalizing the payment plan on an estimate whose price is locked is what requests approval, so the approver sees the price and the schedule together.

See Estimate versions, price lock, overrides and the approval gate.

Area basis

Which of a unit's three areas money is worked out on. There are two: the Chargeable area for buyers (what a Per Sqft price multiplies on a buyer's estimate) and the Chargeable area for members and tenants (what a member's offer and an allottee's purchase are measured in). Both are set on the organization's Projects card (Carpet Area (Mofa) by default) for new projects and overridden on a project's Settings tab; every offer and estimate keeps the area it was measured on.

Also called: chargeable area (on the settings screens); the buyers' basis and the members' basis.

See Unit areas and the area basis: Carpet area (Mofa), RERA Carpet Area, Super Built-up Area.

Area unit

How a project enters and shows areas: sq ft, sq m or sq yd (Edit project). Stored figures stay in sq ft, so pricing per area is unchanged.

See Plots.

AS (Guidance Note 2012)

The ICAI Guidance Note framework for revenue recognition, meant for firms, LLPs and smaller companies; one of the three frameworks a revenue policy can follow.

Also called: Guidance Note.

See Revenue recognition: policy, point in time vs over time, and revenue runs.

At possession

The way a pricing plan can collect a charge group outside the payment plan: owed from booking, collected in one go on the project's expected possession date. The Unit Base Price group can never be sent to possession.

Also called: charges at possession, At time of possession (not part of the plan).

See Expected possession date and charges at possession.

Audience

The saved filter on a campaign that says who should get the mail: contacts of chosen types, or the contacts behind opportunities on chosen projects and stages, narrowed by city, date added or a search.

See Campaign audiences, recipient lists and unsubscribes.

Audit trail

The organization's permanent change log: one entry for every record created, changed or deleted and for every sign-in, sign-out and file download, saying who, when and what changed. Nobody can edit or remove an entry.

Also called: audit log, record history, History.

See Audit trail and record history.

Available

Unit status: free stock that can be quoted, allotted or booked. Every new unit and parking slot starts here.

See Unit status lifecycle: available, reserved, allotted, held, booked, sold.

Bank file

The CSV a payout run downloads for upload to net banking, one row per payout: payment number, payee, bank, account number, IFSC, net amount, mode, narration, UTR and status.

Also called: Bank file (CSV).

See Payout runs: member benefits, commissions and refunds.

Bank ledger

The ledger in the promoter's books for one of its collection, RERA separate, operative or GST bank accounts, created when the account is saved or by Sync bank ledgers. A project whose collection, RERA separate or operative account has no bank ledger is not ready to sell.

See Bank accounts, purposes and bank ledgers.

Benefit (member)

Money the developer pays an allottee under their offer, such as corpus, transit rent or shifting charges, each line with its own schedule. Benefits are never netted against what the member pays.

See Member offer (term sheet): benefits and charges, never netted.

Benefit accrual

The journal that books each member benefit installment that has fallen due as an expense and as a bill owed to the member, when a Member Benefits payout run is drafted. The payout then settles those bills.

See Benefit plans and benefit accrual.

Benefit increase (escalation)

An optional rule on a recurring benefit line (or benefit plan line) that steps the installment up every N months, by a Percent (compounding or simple) or a Fixed amount, paid Spread into installments or as a Lumpsum at each anniversary. The way transit rent rises every year of a long rehab. It belongs to the line, never to the charge component.

See Benefit plans and benefit accrual.

Benefit plan

A project's ready-made list of benefit lines, each a Fixed amount or Per sq ft of existing carpet with a cadence and a number of installments, optionally with a benefit increase. Applying it to a draft offer replaces the offer's benefit lines with copies worked out for that allottee.

See Benefit plans and benefit accrual.

BHK

Bedrooms, hall and kitchen: the usual way of naming a flat by its bedroom count, such as 2 BHK or 2.5 BHK. In NirmaanOne it names a unit configuration.

See Unit types and unit configurations (typologies).

Bill

An open item on a bill-wise ledger: Dr when the party owes you, Cr when you owe the party. A New Ref opens it and Against Ref allocations settle it.

Also called: bill reference.

See Party ledgers, bill-wise tracking and ageing.

Bill-wise ledger

A ledger that tracks a list of open bills rather than only a balance, so you can always say which bill a payment settled. Every voucher line posted to it must be fully allocated; every party ledger is bill-wise.

See Party ledgers, bill-wise tracking and ageing.

Blocked

Unit status set by hand to keep a unit out of estimates, offers and bookings, for example a disputed flat or a show flat.

See Unit status lifecycle: available, reserved, allotted, held, booked, sold.

Booked

Unit status: a buyer's booking on the unit is active. A unit can have only one active booking at a time.

See Unit status lifecycle: available, reserved, allotted, held, booked, sold.

Booking

The closed sale of one unit to one buyer, made from the opportunity's current Approved estimate and its finalized payment plan. From then on the price, the unit, the parking slots and the plan are fixed on the booking.

See Booking: agreed total, applicants and shares.

Booking number

The number a booking gets: BK-, the financial year of the booking date and a five-digit serial, for example BK-2026-27-00007. The serial is one more than the highest already used in that year.

See Numbers and series: documents, bookings, demands, payments and vouchers.

Books

One company's complete set of accounts: its chart of accounts, fiscal years, voucher numbering, cost centres and vouchers. NirmaanOne keeps one set per promoter entity, and a project's postings go to its promoter's books.

Also called: set of books, accounting books.

See Books, the active books switcher and cost centres.

Bounce

Marking a receipt or payout as returned by the bank, with a date and a reason. A cleared payment's voucher is reversed and the bills it settled reopen.

Also called: bounced cheque.

See Receipts and payouts: allocation, clearing and the UTR.

Budget cost

The estimated total cost of a project or one of its towers, kept as effective-dated rows. It is the base for cost of sales, the cost-incurred progress method and the Guidance Note cost threshold.

See Cost of sales, cost budgets and inventory transfer.

Built-in report

One of the fifty-eight reports every organization starts with, locked; Clone turns it into a custom report. See Built-in reports.

Bungalow scheme

A project kind (Bungalows & villas pack): plots with a house built on each, priced as plot price plus construction value, with construction stages tracked per house.

See Plots and bungalows.

Cadence

How often installments repeat: Lumpsum, Weekly, Monthly, Quarterly, Half-yearly or Yearly. Payment plans and member benefit lines both use it.

See Payment plans: lumpsum, cadence, custom and construction-linked and Benefit plans and benefit accrual.

Campaign

An email sent in bulk to a recipient list built from an audience. A campaign is Draft, Scheduled, Sending, Sent or Cancelled.

See Campaign audiences, recipient lists and unsubscribes.

Cancellation (booking)

Ending an active booking through the cancel wizard: its demands are reversed by credit notes, the developer keeps a forfeiture and any charges, the credit left for the buyer is refunded, and the unit and parking slots go back on sale.

Also called: booking cancellation.

See Booking cancellation, forfeiture and refund.

Carpet area (Mofa)

The unit's usable carpet area as measured under the Maharashtra Ownership Flats Act. Every unit must have it, and it is the default area basis.

Also called: Mofa carpet, Carpet Area (Mofa).

See Unit areas and the area basis: Carpet area (Mofa), RERA Carpet Area, Super Built-up Area.

Channel partner

A broker firm, a company of the Channel Partner type, that brings a buyer and earns a commission on the booking. It can carry a default commission percent.

Also called: broker, CP, agent.

See Contacts, companies and company types and Channel partner commissions.

Charge (member)

Money an allottee pays the developer under their offer: Tenant Charge lines and the tax computed on them, with their own schedule. Charges are never netted against the member's benefits.

See Member offer (term sheet): benefits and charges, never netted.

Charge component

One named kind of money line, such as Unit Price, Floor Rise, Corpus Fund or GST. Its Kind (Sale Charge, Tax, Tenant Benefit, Tenant Charge, Commission or Other) decides where it may be used, and its code, derived from the name, never changes.

Also called: component.

See Charge components and their kinds.

Charge group

A section of the cost sheet, such as Unit Base Price or Project Fixed Charges (PFC), with an order and a default GST rate. Unit Base Price always comes first.

See Charge groups and per-line GST.

Chargeable area

On the settings screens, the two area settings: Chargeable area for buyers (the area a Per Sqft price multiplies on a buyer's estimate for the new building's units) and Chargeable area for members and tenants (the area a member's offer is measured in: the entitlement, the allotted units, the extra area and an allottee's purchase). On an allottee purchase, also the area a unit's Per Sqft lines are charged on: its area beyond its share of the entitlement, or a smaller figure typed on the offer.

See Unit areas and the area basis: Carpet area (Mofa), RERA Carpet Area, Super Built-up Area and Allottee purchases.

Chart of accounts

The ledgers a set of books posts to, arranged in groups under five classes. The organization keeps a master chart as templates, and each set of books gets its own copy when it is set up.

Also called: chart templates.

See The chart of accounts: templates, books copies, nature and system rows.

CHS

Co-operative housing society: the registered society of the existing building's flat owners, whose members are rehoused in a redevelopment.

Also called: society.

See Allottees: society members, landowners and PAP tenants.

Clawback

Cancelling a booking's unpaid channel partner commission as part of a booking cancellation: Accrued commissions are cancelled and Approved ones reversed. A commission already paid out cannot be clawed back.

Also called: claw back commission.

See Booking cancellation, forfeiture and refund.

Cleared

The status of a payment once the money is confirmed in the bank. Only clearing posts the receipt or payment voucher and settles bills; a Pending payment changes nothing in the books.

Also called: clearing.

See Receipts and payouts: allocation, clearing and the UTR.

Closing journal

The Journal the year-end close posts on the fiscal year's last day, moving every income and expense balance into 3200 Profit & Loss Account.

See Fiscal years, periods, locks, opening balances and the year-end close.

CLP

Construction-linked plan: an On booking share plus a share per construction stage, each falling due when its stage is achieved.

Also called: construction-linked plan.

See Payment plans: lumpsum, cadence, custom and construction-linked.

Co-applicant

Another buyer named on a booking, with a relationship and a share of ownership. The primary applicant holds 100% less the co-applicants' shares.

See Booking: agreed total, applicants and shares.

Co-owner

Another contact on an allottee's holding, with a relationship and a share; all co-owners together may hold at most 100%. When the allottee books a unit, the co-owners become its co-applicants unless others are named.

See Allottees: society members, landowners and PAP tenants.

Collection account

The promoter's bank account with the purpose Collection account, pinned to a project: every buyer payment enters it (100%). It is non-operative; the bank sweeps it daily, the escrow share to the RERA separate account and the rest to the operative account. A project needs one to be ready to sell.

Also called: RERA collection account, escrow account.

See RERA accounts and the daily sweep and Bank accounts, purposes and bank ledgers.

Commission

The brokerage owed to a channel partner on a booking: a gross amount (a percent of the agreed total or a typed figure) plus GST, less TDS under section 194H. It is recorded as Accrued, posted to the books when approved, and paid through a payout run.

Also called: brokerage.

See Channel partner commissions.

Common unit

A unit designated for common use, such as a society office or a gym, which can name the amenity it houses. It is never allotted or sold.

See Unit designation: Saleable, PAP, Common.

Company

A legal entity recorded once and shared across the app, with a company type: Promoter Entity, Channel Partner, Vendor, Contractor or one you add. People are attached to companies.

Also called: firm.

See Contacts, companies and company types.

Compliance period

One RERA quarter of a project with its readiness checks, three-account position, Form 3 pack and filing record. Also called: RERA quarter. See RERA quarters and readiness.

Component mapping

For one set of books, the ledger, optional tax ledger, cost centre and revenue treatment a charge component posts through. Without a mapping the app has nowhere to post and refuses.

See Component mappings: which ledgers a charge posts to.

Consent

A society member's recorded yes to the redevelopment, with the consent date. It is kept for information: no action waits for it.

See Allottees: society members, landowners and PAP tenants.

Consideration

For TDS under section 194-IA, every receivable charge on the booking's termsheet except tax, across all installments. TDS applies once it reaches the rule's threshold.

See TDS under section 194-IA.

Consideration receipt

A receipt for the price a buyer paid (base, PLC, parking, deposits): Consideration under This receipt is on the receipt form. It goes into the project's collection account, where the bank sweeps it the moment it clears. One of the three entries a buyer's money is recorded as, beside the GST receipt and the TDS credit.

See Receipts and payouts: allocation, clearing and the UTR and RERA accounts and the daily sweep.

Consolidated report

A statement across several sets of books at once, with the entities lined up side by side through the organization's chart templates.

Also called: consolidation.

See The chart of accounts: templates, books copies, nature and system rows and Books, the active books switcher and cost centres.

Construction stage

A step of the build, such as the plinth or a slab, with a share of its bucket's 100%. Completing a stage gives the construction-linked installments waiting on it their due date.

Also called: milestone.

See Construction stages and share buckets.

Contact

A person, such as a lead, a buyer, a society member, someone at a vendor or a colleague, with a contact type. A person recorded once is the same person on their opportunity, booking, membership and bank account.

See Contacts, companies and company types.

Contract acquisition costs

Brokerage held as an asset instead of an expense, and released as the booking's revenue is recognised, when the revenue policy defers revenue and says Capitalise.

Also called: capitalised brokerage.

See Contract acquisition costs (capitalised brokerage).

Contract asset

Revenue a revenue run has recognised ahead of billing, held in Contract Asset - Unbilled Revenue (1220) until demands catch up.

Also called: unbilled revenue.

See Contract liability, contract asset and the transaction price.

Contract liability

Billing ahead of revenue: while the revenue policy defers revenue, a demand credits its With-the-unit charges to a contract liability ledger (seeded 2100) until a revenue run recognises them.

See Contract liability, contract asset and the transaction price.

Conveyance

Registration of the unit's transfer to the buyer; the last of the three possession dates on a booking, and one of the points a revenue policy can recognise revenue on.

See Possession: offer, handover, conveyance and the occupation certificate.

Corpus

A lump sum the developer pays a society member under the redevelopment terms; the seeded Tenant Benefit Corpus Fund.

Also called: corpus fund.

See Member offer (term sheet): benefits and charges, never netted and Benefit plans and benefit accrual.

Cost centre

A tag on a voucher line saying which project or tower the amount belongs to, kept per set of books. Mirror projects creates them from the projects and towers.

See Books, the active books switcher and cost centres.

Cost of sales

Each booking's share of the project's cost, charged at every revenue run in step with the booking's revenue, so revenue and cost move together in the profit and loss.

See Cost of sales, cost budgets and inventory transfer.

Cost sheet

A generated document (prefix CS) that sets out an estimate's charges group by group, with GST and the payment plan.

See Generated documents: offer letters, cost sheets, void and superseded.

Cost to complete

The cost budget less the cost incurred so far, shown on the Project performance report.

See Cost of sales, cost budgets and inventory transfer.

Credit note

The voucher that reverses an issued demand's sales voucher. In a booking cancellation, the credit note for a demand with money received also opens a bill CN-<demand no> for the paid part, owed back to the buyer.

See Demands, demand runs and the GST split and Booking cancellation, forfeiture and refund.

Current estimate

The live estimate version with the highest number on an opportunity, marked Current. The opportunity's Current estimate card points at it.

See Estimate versions, price lock, overrides and the approval gate.

Demand

The bill you raise on a buyer for one or more whole installments of their schedule, or on a society member for the charges on their offer. Issuing it posts the sales voucher in the promoter's books.

Also called: demand letter, invoice.

See Demands, demand runs and the GST split.

Demand run

One action that drafts a demand per buyer or member for every open, dated, unbilled row due on or before the as-of date, numbered DR-<financial year>-<serial>.

See Demands, demand runs and the GST split.

Designation

What a unit is for, separate from its status: Saleable, PAP or Common. It can be changed only while the unit is Available or Blocked.

See Unit designation: Saleable, PAP, Common.

Differential area cost

A seeded Tenant Charge for billing an allottee's extra area on the offer itself. An offer that carries it cannot start allottee purchases, because extra area is now sold through the units' own estimates.

Also called: differential area.

See Allottee purchases and Entitlement: existing carpet, entitled area, uplift, extra area and the split.

Dimension

A non-aggregate field of the reporting model (project, tower, unit, buyer, status, payment mode, …) that breaks a report's totals down. See The reporting model.

Direct (affects gross profit)

A flag on a chart group whose ledgers count towards gross profit; seeded on Revenue, Rehab Cost, Construction Cost and Cost of Sales.

See The chart of accounts: templates, books copies, nature and system rows.

Document number

The number business documents get: a prefix, the financial year and a five-digit serial, such as DM-2026-27-00012. The financial year runs from 1 April to 31 March.

See Numbers and series: documents, bookings, demands, payments and vouchers.

Document template

The master copy of a letter, term sheet, agreement or cost sheet, written for one record type with merge fields. Only its published version is used to generate documents, so the draft can be edited freely.

See Document templates, published versions and letterheads.

Due day

The day of the month that installments after the first fall on: 1 to 31, or −1 for the last day of the month.

See Benefit plans and benefit accrual and Payment plans: lumpsum, cadence, custom and construction-linked.

Effective-dated rule

A setting kept as dated rows instead of a single value. The row in force on a date is the one with the latest Effective from on or before that date, so older documents keep the figures they were made with.

Also called: dated rule.

See Effective-dated rules.

Entitled area

The new area an offer promises an allottee, measured on the area basis. Left blank, it is filled from the project's uplift guidance or from the allotted units' total; a typed figure always wins.

Also called: entitlement.

See Entitlement: existing carpet, entitled area, uplift, extra area and the split.

Entitlement split

How much of the entitled area falls on each allotted unit. The rest of each unit's area is its extra area, the part the allottee buys through that unit's estimate.

See Entitlement: existing carpet, entitled area, uplift, extra area and the split.

Escrow account

RERA's name for the account that holds 70% of a project's collections. In NirmaanOne the money enters the collection account and the bank's daily sweep moves the escrow share to the RERA separate account; see those terms.

See RERA accounts and the daily sweep.

Escrow share

The share of every sweep of a project's collection account that goes to its RERA separate account: the organization's dated rule (70% under RERA 2016), or the project's own RERA escrow share when set. It drives the split of each sweep, the receipt warning, the statement and the dashboard card.

Also called: RERA 70/30, 70% rule, sweep share.

See RERA accounts and the daily sweep.

Escrow withdrawal

A request to draw land or construction cost from a project's RERA separate account into its operative account, numbered EW-<year>-<serial>: amount, purpose, certified completion and cost, with the architect's, engineer's and chartered accountant's certificates uploaded on it. A Finance Lead approves it, and marking it transferred posts the Contra voucher once the bank has moved the money.

Also called: drawdown, separate account withdrawal.

See RERA accounts and the daily sweep.

Estimate

One priced version of an opportunity: this unit, these charges, this total, valid until a date. Versions are numbered v1, v2 and so on, with one Draft at a time.

Also called: quote, quotation.

See Estimate versions, price lock, overrides and the approval gate.

Event type

The name of a business event, such as a demand issued or a payment cleared, that an On Event workflow rule listens for. System event types are seeded; you can add custom ones.

See Triggers and event types.

Excel sheet

A workbook template or export for units, parking slots, construction stages, unit pricing, society members or landowners and PAP tenants, with a Data sheet and a Lists sheet of dropdown values. Every row is checked first, and Import writes only when all of them pass.

Also called: project sheets, tenant sheets.

See Excel sheets: check first, then apply.

Existing carpet area

The carpet area of the flat the allottee holds today; the base for the uplift guidance and for per-sq-ft benefit lines. It is usually blank for a landowner.

Also called: existing carpet.

See Entitlement: existing carpet, entitled area, uplift, extra area and the split.

Expected possession date

The project's planned handover date. Charge groups collected at possession fall due on it, and changing it re-dates their open rows on every booking.

Also called: Expected possession.

See Expected possession date and charges at possession.

Extra area

The allotted units' total area on the area basis less the entitled area, charged in whole square feet rounded up. A shortfall is left as it is.

See Entitlement: existing carpet, entitled area, uplift, extra area and the split.

Fiscal year

The twelve-month span a set of books reports on, split into twelve monthly periods and named like 2026-27. Postings need an open year and an unlocked period.

Also called: financial year, FY.

See Fiscal years, periods, locks, opening balances and the year-end close.

Floor rise

A Per Floor charge: the rate times the number of floors above the line's From floor, never below zero.

See Pricing bases: Per Sqft, Per Floor, Fixed, Percent Of Base.

Forfeiture

The part of a cancelled deal the developer keeps: a percentage of the agreed total (excluding GST) or of the amount received, suggested by the cancellation rule in force and adjustable in the wizard.

See Booking cancellation, forfeiture and refund.

Form 16B

The certificate a buyer gives the developer for TDS deducted under section 194-IA. Its number and date are recorded on the TDS credit (Record TDS credit on the demand, or under Payments > TDS credits); a demand issued before 10 October 2026 records it on the demand itself with Record Form 16B.

See TDS under section 194-IA.

Form 26QB

The form with which the buyer deposits the TDS deducted under section 194-IA with the Income Tax department, in the developer's name.

See TDS under section 194-IA.

Form 3

The chartered accountant's certificate for a withdrawal from the RERA separate account: estimated cost, cost incurred, the proportion and the amount that can be withdrawn; drafted by the quarter's pack. See RERA quarters and readiness.

Generated document

A numbered document made by merging a published template with one record and filed against it. It keeps the merged text, template version, letterhead and values used, so it can be reopened or sent again exactly as it was.

See Generated documents: offer letters, cost sheets, void and superseded.

GST banked apart

GST that the buyer paid into the project's GST account (or its operative account) instead of the collection account, so it never enters the sweep: the sweep takes only what reached the collection account. Since 10 October 2026 it is recorded as its own GST receipt; receipts recorded before that could split it off the same receipt (GST banked apart and GST into), and keep that split read-only, shown as "GST banked apart (legacy)".

See RERA accounts and the daily sweep.

GST receipt

A receipt for the GST a buyer paid on an installment: GST under This receipt is on the receipt form, or the Also record the GST receipt box on a consideration receipt (then a second receipt with the same date and instrument, linked to the first). It goes into the project's GST account, else its operative account, and is never swept. Its own number, clearing and voucher.

See Receipts and payouts: allocation, clearing and the UTR and RERA accounts and the daily sweep.

GST split

How the GST on a demand is posted: CGST and SGST in halves when the buyer's state matches the project's site state (or the buyer has none on file), IGST when it differs.

Also called: place of supply.

See Demands, demand runs and the GST split.

Guidance Note thresholds

Under AS (Guidance Note 2012) with an over-time method, a project earns no revenue until its cost incurred and its area sold both reach a set share (25% by default), and a booking earns none until 10% of it is realised.

See Revenue recognition: policy, point in time vs over time, and revenue runs.

Handover checklist

The six dated steps around possession on a booking's Handover tab: offer letter sent, dues cleared, fit-out inspection, snag list closed, keys handed over, documents handed over.

See Handover.

Help assistant

The chat panel (Ask NirmaanOne) that answers from the help articles, walks a how-to one step at a time and can check a record's status as you. Also called: assistant, help chat. See Help assistant.

Hold

A sent estimate's claim on its unit and the parking slots it picked, which become Reserved For Buyer until the estimate expires, is cancelled, is replaced on another unit or is booked.

Also called: Reserved For Buyer, unit hold.

See Estimate validity and the unit hold.

IFSC

The 11-character bank branch code on every payout: four letters for the bank, the digit 0, then six letters or digits (HDFC0001234). A ten-character code is a truncation, not a valid IFSC.

Also called: IFSC code.

See Bank accounts, purposes and bank ledgers.

Ind AS 115

The revenue standard for listed companies and companies with a net worth of ₹250 crore or more, and the default framework of a revenue policy.

See Revenue recognition: policy, point in time vs over time, and revenue runs.

Installment

All the schedule rows of a booking that fall due together (same date, stage or possession), numbered in due order. Demands bill whole installments.

Also called: instalment.

See Payment plans: lumpsum, cadence, custom and construction-linked.

Inventory transfer

The step of a revenue run that moves the costs booked on construction, rehab and borrowing ledgers into work-in-progress and land inventory, as far as the revenue policy allows.

Also called: transfer into inventory, WIP.

See Cost of sales, cost budgets and inventory transfer.

Invitation

The emailed link through which a new user joins and chooses their own password. It lives for the hours set on the organization (72 by default, 1 to 720).

Also called: invitation link.

See User accounts: invitations, status and sign-in.

Landowner

An allottee who receives units as consideration for the land and holds nothing in the existing building. Landowners are recorded on the project, not the society.

See Allottees: society members, landowners and PAP tenants.

Layout (plots)

The sanctioned layout of a plotted or bungalow project: sectors with plots under them.

See Plots.

Lead key

A per-source secret that lets a portal, website form or dialer post leads into NirmaanOne; shown once, rotatable, switchable off.

See Lead intake.

Lead source

A lookup value recording where an opportunity came from, such as Walk-in, Website, Channel Partner, Referral or Social Media.

See Opportunity stages, lead sources and system activities and Lookups and their codes.

Letterhead

The header, footer, logo and page settings wrapped around generated documents. It can be organization-wide or belong to one project, whose records then use it.

See Document templates, published versions and letterheads.

Lookup

One of the organization's own dropdown lists, such as contact types, lead sources, unit types or amenities. Each value has a name you can change and a code, derived from the name, that is fixed once the value exists.

Also called: lookup code, dropdown values.

See Lookups and their codes.

Lumpsum

A payment plan that collects everything on the booking date. As a cadence, it means exactly one installment.

See Payment plans: lumpsum, cadence, custom and construction-linked.

Manual pricing

An estimate with no pricing plan (No plan — manual charges), priced only from hand-added Fixed lines.

See Estimate versions, price lock, overrides and the approval gate.

Merge field

A placeholder in double braces, such as {{ contact.first_name }}, that is replaced with the record's value when a template is rendered. A filter after a bar, such as | inr, changes how the value is written.

Also called: template variable.

See Merge fields and filters.

Message template

The reusable wording of an Email, WhatsApp, SMS or In-App message, with merge fields filled from the record it is about. Workflow rules, record-page buttons and campaigns can all use one.

See Message templates.

Metric

An aggregate of the reporting model (a count, a sum, an average, a minimum, a maximum or a ratio) totalled by the dimensions at the data grain, each with its own natural date. See The reporting model.

Mode of operation

The bank's mandate on a joint account with two or more holders: Either or Survivor, Jointly, Former or Survivor or Anyone or Survivor.

See Bank accounts, purposes and bank ledgers.

Nature

The class a chart group belongs to: asset, liability, equity, income or expense. It decides the side a balance normally sits on and which statement the ledger appears in.

See The chart of accounts: templates, books copies, nature and system rows.

New Development

Project type: fresh construction on the site, whose inventory is sold through bookings. It has no society, members or member offers.

See Project type and property type.

New Ref

An allocation on a bill-wise ledger that opens a new bill, with its number, date, due date, amount and side.

See Party ledgers, bill-wise tracking and ageing.

Numbering pattern

The pattern the Structure generator names units with. The default, {floor}{seq:02d}, gives 101, 102 on the first floor and 1201, 1202 on the twelfth.

Also called: unit number pattern.

See Unit numbering patterns.

Occupation certificate

The municipality's certificate that a tower or the whole project is fit to occupy, recorded on the tower or the project. While the revenue policy requires it (the default), possession cannot be offered before its date.

Also called: OC.

See Possession: offer, handover, conveyance and the occupation certificate.

Offer (member)

What a redevelopment project gives one allottee: the area held today and the area promised, the allotted units, the benefits the developer pays and any charges the member pays, never netted. Each allottee has one live offer per project.

Also called: term sheet, termsheet.

See Member offer (term sheet): benefits and charges, never netted.

Offer letter

The generated document (prefix OL) produced when a member offer is issued with a letter. Issuing the offer again voids every earlier letter on it as superseded.

See Generated documents: offer letters, cost sheets, void and superseded.

Offer uplift %

Guidance for offers: while nothing is allotted, a blank entitled area is filled as the existing carpet × (1 + the percentage ÷ 100). Set as Carpet area offered (Mofa) on the organization's Projects card ("No default" unless set) and inherited by every redevelopment project; a project sets its own on its Settings tab. It is guidance only; a typed figure wins.

Also called: Carpet area offered (Mofa), uplift guidance.

See Entitlement: existing carpet, entitled area, uplift, extra area and the split.

On Account

A payout amount not allocated to any bill, left on the party ledger to be settled against bills later.

See Party ledgers, bill-wise tracking and ageing.

On billing

A revenue treatment: the charge is a separate obligation, credited to its revenue ledger as soon as it is demanded.

See Contract liability, contract asset and the transaction price.

Onerous contract

A booking whose share of the project's cost exceeds its price. With the revenue policy at Provide, revenue runs provide for the expected loss; with Flag only they just warn.

See Revenue recognition: policy, point in time vs over time, and revenue runs.

Opening balance

A ledger's Dr or Cr amount at the start of a fiscal year. The year-end close writes the next year's openings from the closing balances of the asset, liability and equity ledgers.

See Fiscal years, periods, locks, opening balances and the year-end close.

Operative account

The promoter's bank account with the purpose Operative account, pinned to a project: it receives the rest of every sweep (30% under RERA 2016) and is the developer's working account. Cancellation refunds are paid from it by default. A project needs one to be ready to sell.

See RERA accounts and the daily sweep and Bank accounts, purposes and bank ledgers.

Opportunity

One buyer's enquiry on one project. Its stage moves only through actions: Lead, Estimate, Approval, Booked, or Lost.

Also called: lead, deal, enquiry.

See Opportunity stages, lead sources and system activities.

Outbox

The events the app writes, in the same save as the change, when an active workflow rule listens for that change; a relay hands them to the workflow engine.

Also called: outbox event.

See Workflow runs and the outbox.

Over time

A revenue method that recognises a sale gradually as the building progresses, measured by construction stages achieved or by cost incurred against the budget.

See Revenue recognition: policy, point in time vs over time, and revenue runs.

Override

An estimate line whose rate, amount or GST rate differs from the pricing plan, recorded with a reason that is printed under it.

See Estimate versions, price lock, overrides and the approval gate.

PAP

Project Affected Person: someone rehabilitated in the new building. A PAP tenant is an allottee who may be allotted PAP units only, and a PAP unit is kept for them and never sold.

Also called: PAP tenant, PAP unit.

See Allottees: society members, landowners and PAP tenants and Unit designation: Saleable, PAP, Common.

Parking area

A place in the project that holds parking slots, such as a basement, a podium or the stilt under a tower, with an optional tower and level.

See Parking areas and parking slots.

Parking slot

One numbered parking space in a parking area, with a parking type, vehicle type and size. It is held, booked or allotted like a unit.

See Parking areas and parking slots.

Party ledger

The bill-wise ledger a set of books keeps for one buyer, society member, channel partner or vendor, created by the first posting that involves them.

See Party ledgers, bill-wise tracking and ageing.

Pass-through

A revenue treatment: money held for others, such as deposits, maintenance or society charges, credited to the ledger it is mapped to and never counted as revenue.

See Contract liability, contract asset and the transaction price.

Payable to developer

What the buyer actually pays on an installment or demand: amount + GST − TDS.

Also called: payable.

See TDS under section 194-IA.

Payment plan

How the buyer pays the estimate's total: Lumpsum, installments on a cadence, custom date-linked rows or construction-linked. It belongs to the estimate, has its own versions, and becomes the booking's schedule.

See Payment plans: lumpsum, cadence, custom and construction-linked.

Payout

Money going out of the books: to a channel partner, to a member for their benefits, or to a buyer being refunded.

Also called: payment.

See Receipts and payouts: allocation, clearing and the UTR.

Payout run

A batch of payouts of one kind (Member Benefits, Commissions or Refunds) from one set of books: drafted, approved, exported as a bank file and cleared with the bank's UTRs.

See Payout runs: member benefits, commissions and refunds.

Percent Of Base

A pricing basis: a percentage of the running total of the non-tax lines priced before it in the cost sheet's order.

See Pricing bases: Per Sqft, Per Floor, Fixed, Percent Of Base.

Period lock

A monthly period closed to posting. Every voucher dated in it, manual or automatic, is refused until the period is unlocked.

See Fiscal years, periods, locks, opening balances and the year-end close.

Permission

The right to do one kind of thing in one module: View, Create, Edit, Delete, or a special action such as Approve, Issue, Post, publish or send. Users get permissions only through their role.

See Roles and permissions.

PFC

Project Fixed Charges: a seeded charge group (default GST 18%) for legal and development charges, deposits, club membership and the like.

Also called: Project Fixed Charges.

See Charge groups and per-line GST.

PLC

Preferred Location Charge: a seeded Sale Charge in the Unit Base Price group for a better-placed unit.

Also called: PLC (Preferred Location Charge).

See Charge components and their kinds.

Plot

The sellable item of a plotted development or bungalow scheme: a numbered piece of a sector with its area, frontage and depth, attributes and the unit's status life cycle. Sold through the same estimate and booking as a unit.

See Plots and bungalows.

Plotted development

A project kind (Plots pack): a sanctioned layout of sectors and plots, sold without GST on the land.

See Plots and bungalows.

Point in time

A revenue method: a booking earns no revenue until control of the unit passes at the policy's trigger (possession handed over by default), and then all of it.

See Revenue recognition: policy, point in time vs over time, and revenue runs.

Possession

Handing a unit to its buyer, recorded as three dates on the booking: possession offered, handed over (the unit becomes Sold) and conveyance registered.

See Possession: offer, handover, conveyance and the occupation certificate.

Price lock

What Finalize pricing does to an estimate: it becomes Finalized and its charges can no longer change. Only a new version changes the price.

Also called: Finalize pricing.

See Estimate versions, price lock, overrides and the approval gate.

Pricing basis

How a pricing line's amount is worked out from the amount you type: Per Sqft (times the area basis), Per Floor, Fixed or Percent Of Base.

Also called: basis.

See Pricing bases: Per Sqft, Per Floor, Fixed, Percent Of Base.

Pricing plan

A project's rate card for a unit type on the Unit Pricing tab: charge lines, each with a basis, an amount and an optional GST rate, arranged in charge groups.

Also called: rate card, price list.

See Pricing bases: Per Sqft, Per Floor, Fixed, Percent Of Base and Charge groups and per-line GST.

Primary applicant

The buyer on a booking: the opportunity's contact (the allottee on an allottee purchase), holding 100% less the co-applicants' shares. It cannot be changed on the booking.

See Booking: agreed total, applicants and shares.

Primary bank account

The one account per owner marked Primary account, which payout runs pay into; when none is primary, any active account is used.

Also called: Primary account.

See Bank accounts, purposes and bank ledgers.

Product pack

A slice of NirmaanOne for one kind of development: Apartments (always on), Redevelopment, and, coming, Townships, Plots and Bungalows & villas. An administrator switches packs on under Settings > Products; a pack gates what the app shows (menu items, project kinds, wizard steps), never what exists, and a pack holding data stays on.

Also called: pack.

See Product packs.

Project readiness

The check of what a project still lacks before it can sell and collect: a promoter entity, its books, its collection, RERA separate and operative bank accounts with their ledgers, and the RERA registration when the organization requires it.

Also called: Ready to sell and collect?.

See Project readiness and the RERA gate.

Project settings

The Settings tab of a project: the settings inherited from the organization's Projects card (estimate validity, chargeable area, carpet area offered, RERA escrow share, revenue method and trigger) with the project's own overrides, and its occupation certificate. The hint under each field shows the value in force and where it comes from; clearing a field goes back to inheriting.

Also called: inherited settings, project overrides.

See Project settings.

Promoter entity

The company developing a project, a company of the Promoter Entity type. Every project must name one, and its books and bank accounts carry the project's money.

Also called: promoter, developer entity.

See Promoter entity.

Property type

Whether a project is Residential, Commercial or Mixed. It decides which unit types the project may hold.

See Project type and property type.

Readiness check

One of the fourteen live checks on a RERA quarter (green, amber or red) that counts the records the return would be wrong without, with a Fix link to them. See RERA quarters and readiness.

Receipt

Money coming in from a buyer or a society member, numbered RCT-<financial year>-<serial> per set of books. It reaches the books only when it is cleared. The printed receipt given to the payer is a separate document (numbered RC-…) generated on the payment page; it is voided if the payment bounces or is cancelled.

See Receipts and payouts: allocation, clearing and the UTR.

Recipient list

The snapshot of an audience built for a campaign: one row per matched contact with the address as it was then, marked Pending, Skipped or Unsubscribed.

See Campaign audiences, recipient lists and unsubscribes.

Redevelopment

Project type: an existing society's building is rebuilt and its members are rehoused through offers. It adds the Society & Tenants tab to the project.

See Project type and property type.

Refund

The payout of the credit left for the buyer when a booking is cancelled. The cancel wizard creates it as a pending payout, and a Refunds payout run pays it.

See Booking cancellation, forfeiture and refund and Payout runs: member benefits, commissions and refunds.

Rehab units consideration

The fair value of the development rights a society gives up, booked when the development agreement is signed and recognised as revenue as each member's units are handed over. It applies only when the revenue policy turns it on.

Also called: non-cash consideration.

See Rehab units as non-cash consideration.

Report grain

The data grain of a report: the time level its totals are summarised at (Summary, Daily, Weekly, Monthly, Quarterly, YTD). Also called: data grain. See The reporting model.

Report run

One execution of a report: its period resolved on that day, the rows it produced, the files (kept for 90 days) and how each delivery channel went. See Report page.

RERA

The Real Estate (Regulation and Development) Act, 2016. It requires 70% of a project's collections to be kept in a separate account and drawn only for land and construction cost, and a project's RERA registration can be made a condition of selling.

See Project readiness and the RERA gate and RERA accounts and the daily sweep.

RERA Carpet Area

The unit's carpet area as RERA defines it, which adds the internal walls; one of the unit's three areas, and optional.

Also called: RERA carpet.

See Unit areas and the area basis: Carpet area (Mofa), RERA Carpet Area, Super Built-up Area.

RERA gate

An organization switch that stops estimates and bookings on a project until its RERA registration number and date are recorded.

See Project readiness and the RERA gate.

RERA jurisdiction

The state (or union territory) whose RERA authority registered a project: Maharashtra (MahaRERA), Gujarat (GujRERA) and so on. An organization lookup; every RERA registration names one. See RERA registration, its validity and extensions.

RERA registration

A project's registration with its state's RERA authority, kept as a history of certificates and extension orders with their validity dates; the one in force today decides whether the project may sell. Also called: RERA certificate, RERA extension. See RERA registration, its validity and extensions.

RERA separate account

The promoter's bank account with the purpose RERA separate account, pinned to a project: it receives the escrow share of every sweep (70% under RERA 2016) and is drawn only for land and construction cost, through an escrow withdrawal against certificates. A project needs one to be ready to sell.

Also called: separate account.

See RERA accounts and the daily sweep and Bank accounts, purposes and bank ledgers.

RERA sweep

One Contra voucher mirroring the bank's sweep of a project's collection account, numbered SW-<year>-<serial>: the receipt (or receipts) it holds, split by the escrow share (Dr RERA separate account, Dr operative account / Cr collection account), dated the clearing date. The rule Receipt cleared into the collection account: post its RERA sweep (system) posts one sweep per receipt the moment a consideration receipt clears, as does Sweep this receipt on the payment by hand; Sweep now and the catch-up Daily RERA sweeps (system) (ships off) make one sweep per clearing date.

Also called: sweep, daily sweep.

See RERA accounts and the daily sweep.

Reserved For Buyer

Unit and parking slot status: held by a buyer's sent or finalized estimate until the estimate expires, is cancelled, is replaced on another unit or is booked.

Also called: On hold.

See Unit status lifecycle: available, reserved, allotted, held, booked, sold and Estimate validity and the unit hold.

Reserved For Tenant

Unit status set by hand to earmark a unit for the rehab side before any offer promises it; an offer's unit picker lists these units first.

See Unit status lifecycle: available, reserved, allotted, held, booked, sold.

Revenue on billing

The revenue framework with no deferral: every demand is revenue when it is issued, and revenue runs only move costs into inventory.

See Revenue recognition: policy, point in time vs over time, and revenue runs.

Revenue policy

The effective-dated settings on each set of books that decide revenue recognition: framework, method, possession trigger, cost treatments and thresholds. The method and the trigger can be overridden for every project on the organization's Projects card, or for one project on its Settings tab; the policy decides when neither is set.

See Revenue recognition: policy, point in time vs over time, and revenue runs.

Revenue run

The period close that applies the revenue policy to every booking and member offer and posts revenue and cost of sales as a cumulative catch-up. It is numbered RR-<financial year>-<serial>.

See Revenue recognition: policy, point in time vs over time, and revenue runs.

Revenue treatment

How a sale or tenant charge counts for revenue, chosen on its component mapping: With the unit, On billing or Pass-through.

See Contract liability, contract asset and the transaction price and Component mappings: which ledgers a charge posts to.

Reversal

A voucher that mirrors a posted one so that the two net to zero. A posted voucher is never edited; a mistake is undone by a reversal.

See Vouchers, reversals and system vouchers.

Role

A named bundle of permissions. Every user holds exactly one role, and the Administrator role is locked.

See Roles and permissions.

Rule owner

The user a workflow rule's event and scheduled runs act as: the last person who saved or switched the rule. A manual run acts as the person who pressed the button.

Also called: acting user.

See Workflow rules, conditions, actions and the rule owner.

Sale Charge

The kind of charge component the buyer pays the developer. Only Sale Charges can be priced on a pricing plan or an estimate.

See Charge components and their kinds.

Saleable

Unit designation: stock for sale, and also the new flats given to society members and landowners through offers.

See Unit designation: Saleable, PAP, Common.

Sales funnel

The dashboard chart that counts the opportunities opened in a period and how many of them reached each stage.

Also called: funnel.

See Dashboard figures: absorption, funnel and operational money.

Schedule row

One dated amount of one charge in a booking's or an offer's payment schedule. Demands bill rows, and appropriation marks them paid.

Also called: termsheet payment.

See Payment plans: lumpsum, cadence, custom and construction-linked.

Scheme

A sales promotion (discount, subvention or offer) with a validity window, organization-wide or per project; an estimate records the scheme it was priced under. The discount itself is a line override.

See Schemes.

Sector

A block or street of a layout within which plots are numbered.

See Plots.

Share bucket

A group of construction stages whose shares may total at most 100%: the project-wide stages form one bucket, and each tower's own stages form another.

Also called: bucket.

See Construction stages and share buckets.

Shifting charges

A seeded Tenant Benefit the developer pays a member for moving out and back.

See Member offer (term sheet): benefits and charges, never netted and Benefit plans and benefit accrual.

Sign out everywhere

The button on My Profile that ends every session of your account at once, on every browser and device including the one you are using, and disconnects AI assistants connected as you. Use it when you have left yourself signed in somewhere or think someone else has your password.

See User accounts: invitations, status and sign-in.

Significant financing component

Under Ind AS 115 only, notional interest on the advances a buyer pays well ahead of possession, accrued each period and added to the unit's revenue.

See Significant financing component.

Site visit

A scheduled visit of a prospect to the site, with who conducted it, transport, status and feedback; kept on the opportunity and logged as an activity.

See Activities.

Snag list

Defects the buyer points out at the fit-out inspection or after, kept per booking with Open / Fixed / Closed; the handover checklist's snag step cannot close while one is Open.

See Handover.

Society

The co-operative housing society whose building is redeveloped. It is linked to the project and holds the society members.

Also called: CHS.

See Allottees: society members, landowners and PAP tenants.

Society member

A member of the project's society who holds a flat in the existing building, gives consent and receives a new unit through an offer.

See Allottees: society members, landowners and PAP tenants.

Sold

Unit status set when possession is handed over. Clearing the handover date sets the unit back to Booked.

See Unit status lifecycle: available, reserved, allotted, held, booked, sold.

Starter template

One of the ready-made message and document templates every organization receives alongside the system rules. Starter document templates arrive as drafts.

See System rules and starter templates and Document templates, published versions and letterheads.

Super Built-up Area

The unit's area including a share of the common areas; one of the unit's three areas, and optional.

See Unit areas and the area basis: Carpet area (Mofa), RERA Carpet Area, Super Built-up Area.

Superseded

Replaced by a newer version and kept for the record. A superseded document, such as an earlier offer letter, is voided and shows a SUPERSEDED watermark; estimate and payment plan versions are superseded too.

See Generated documents: offer letters, cost sheets, void and superseded and Estimate versions, price lock, overrides and the approval gate.

System activity

A timeline entry the app writes on an opportunity by itself, such as a stage change, an estimate sent or a unit held. Nobody can edit it.

See Opportunity stages, lead sources and system activities.

System rule

One of the workflow rules every organization receives at sign-up. It can only be switched on or off; to change what it does, clone it.

See System rules and starter templates.

System voucher

A voucher posted by the app itself: by a demand, a payment, a commission, a benefit accrual, a cancellation, a revenue run or a year-end close.

See Vouchers, reversals and system vouchers.

TDS 194-IA

The 1% tax a buyer deducts from property payments once the consideration reaches ₹50,00,000, applied by the dated rule. NirmaanOne builds it into every booking demand.

Also called: section 194-IA.

See TDS under section 194-IA.

TDS 194H

The tax you withhold from brokerage paid to a channel partner, 2% by default on a commission.

See Channel partner commissions.

TDS credit

The TDS a buyer deducted from a demand under section 194-IA and deposited with the Income Tax department, recorded under Payments > TDS credits (numbered TDS-<financial year>-<serial>) with the Form 16B and Form 26QB details. Money that never reaches the bank: it posts a Journal voucher (TDS Receivable debited, the buyer credited against the demand's bill) and the demand's open amount falls by it. Only a demand that bills the full total takes one.

See TDS under section 194-IA.

Township

A scheme that groups projects as its phases (Townships pack). Each phase keeps its own RERA registration, bank accounts, stages and possession; the township holds shared amenities and one consolidated summary.

See Townships.

Transaction price

What a booking earns the developer for the unit itself: the total of its With-the-unit charges, plus a financing component or rehab consideration when the policy includes them. GST is never part of it.

See Contract liability, contract asset and the transaction price.

Transfer (booking)

Passing a booking to another buyer before possession as a drafted-then-completed record; the new buyer becomes the primary applicant and the money is untouched.

See Transfers and swaps.

Transit rent

Monthly rent the developer pays a member for alternate accommodation while the building is rebuilt; the seeded Tenant Benefit Transit Rent.

Also called: hardship rent, displacement rent.

See Member offer (term sheet): benefits and charges, never netted and Benefit plans and benefit accrual.

Trigger

What starts a workflow rule: On Create, On Update, On Event, Scheduled or Manual.

See Triggers and event types.

Two-factor authentication

A second sign-in step after the password: a 6-digit code from an authenticator app, or a backup code. An organization can require it of every user, and an administrator can reset it for a user who has lost both the app and the backup codes.

Also called: 2FA.

See User accounts: invitations, status and sign-in.

Unit Base Price

The first charge group on every cost sheet (default GST 5%), holding Unit Price, Floor Rise, PLC and Parking. It is always collected on the payment plan, never at possession.

See Charge groups and per-line GST.

Unit configuration

A typology: a name, a unit type and a bedroom count (2 BHK, Penthouse), kept as an organization lookup. The areas live on each unit, not on the configuration.

Also called: typology.

See Unit types and unit configurations (typologies).

Unit Price

The seeded Sale Charge for the unit's basic rate, usually priced Per Sqft on the area basis. It always leads the Unit Base Price group.

Also called: base rate.

See Charge components and their kinds and Pricing bases: Per Sqft, Per Floor, Fixed, Percent Of Base.

Unit status

Where a unit stands today: Available, Blocked, Reserved For Tenant, Allotted, Reserved For Buyer, Booked or Sold. Most statuses are set by the estimate, offer, booking or possession that owns them.

See Unit status lifecycle: available, reserved, allotted, held, booked, sold.

Unit swap

Moving a booking to another available unit of the project; the old unit returns to Available, the new one becomes Booked, the schedule is not recomputed.

See Transfers and swaps.

Unit type

An organization lookup of the kinds of unit, seeded with Apartment, Office, Shop and Refugee, each marked as suiting residential and/or commercial projects.

See Unit types and unit configurations (typologies).

Unsubscribe

The organization's opt-out list for campaign email. A contact on it is marked Unsubscribed and skipped when a recipient list is built.

Also called: opt-out.

See Campaign audiences, recipient lists and unsubscribes.

User status

Whether a user can sign in: Invited, Invitation expired, Active or Inactive.

See User accounts: invitations, status and sign-in.

UTR

The bank's own reference for an electronic transfer (NEFT, RTGS, IMPS, UPI or card), kept on the payment so it can be matched with the bank statement.

See Receipts and payouts: allocation, clearing and the UTR.

Validity

The Valid until date of an estimate, up to which the price stands and the unit is held. It defaults to today plus the project's days, else the organization's (7 unless changed).

Also called: Valid until.

See Estimate validity and the unit hold.

Void

A generated document cancelled with its number kept, so the number is never reused. It shows a VOID watermark.

See Generated documents: offer letters, cost sheets, void and superseded.

Voucher

One accounting entry: a date, a narration and at least two lines whose debits equal their credits. Nothing reaches a ledger except through a voucher, and it is numbered when it is posted.

See Vouchers, reversals and system vouchers.

Voucher type

One of the kinds of voucher in a set of books (Receipt, Payment, Journal, Contra, Sales, Purchase, Credit Note, Debit Note), each with its own numbering.

See Vouchers, reversals and system vouchers.

With the unit

A revenue treatment: the charge is part of the unit's price and is recognised when the unit is, so while revenue is deferred its demand credits a contract liability.

See Contract liability, contract asset and the transaction price.

Workflow rule

An instruction of the form "when this happens to this kind of record, and these conditions hold, do these things in this order", for the whole organization or one project.

Also called: automation, rule.

See Workflow rules, conditions, actions and the rule owner.

Workflow run

What one workflow rule did about one event, schedule match or button press: the record it worked on and each action in order with its outcome.

See Workflow runs and the outbox.

Year-end close

The step that closes a fiscal year: income and expense go into 3200 Profit & Loss Account by a closing journal, the balance-sheet ledgers' closing balances become the next year's openings, and all twelve periods are locked.

Also called: Close year.

See Fiscal years, periods, locks, opening balances and the year-end close.