Technical data

Glossary

yield by operation In PeopleSoft Enterprise Manufacturin g, the ability to p lan the loss of a manufactured

item on an oper

ation-by-operation basis.

zero-rated VAT Abbreviation for zero-rated value-added tax. A VAT transaction with a VAT code that

has a tax perce

nt of zero. Used to track taxable VAT activity where no actual VAT

amount is charged. Organizations that supply zero-rated goods and services can still

recover the related input VAT. This is also referred to as exempt with recovery.