W – glossary definitions

W glossary

On this page

Please wait while page index is generated

WBS

See Work Breakdown Structure

WBS Element

Work Breakdown Structure Element – A SAP field allowing reporting and distribution of project related costs and revenues eg Operation (recurrent) -  RDP, RSP; Capital – CSA, CSP.

WET

Wine Equalisation Tax

Withholding tax

Government regulation for the payer of an item of income to withhold or deduct tax from the payment; that tax is paid to the Australian Taxation Office. Usually associated with payment to an entity without a tax file number or ABN.

Work Breakdown Structure

The complete set of phases, activities and tasks required to undertake a project and meet customer expected outcomes. Specific costs related to a project to be input allowing for the expected outcomes.

There is one Program Work Breakdown Structure per program. This document depicts the total scope of the solution needed to achieve the program's objectives.

Workers Compensation

The NSW government introduced changes to the workers compensation scheme with the Workers Compensation Legislation Amendment Act 2012.This ACT amended the Workers Compensation Act 1987 and the Workplace Injury Management and Workers Compensation Act 1998. Workers Compensation Act 2012 covers Permanent Impairment compensation and has an independent statutory office, the WorkCover Independent Review Office (WIRO).

Workflow / Work flow / WF

The sequential flow of tasks and information in a business process. In the SAP solution, the method used by the SAP system to direct a part of a business process to a specific user (or specific role), and prompt for the required action.

Automated workflow involves approvals and work lists, being progressed with the aid of the LMBR solution. The relationship of activities in a project from start to finish.

Write-off

The process of cancelling fees and contributions deemed unrecoverable.  Also refers to the action of removing items from the equipment or asset register when the item becomes obsolete, beyond economic repair and missing for 2 years or more.

Return to top of page Back to top