ofs.mq.edu.au

Website:https://staff.mq.edu.au/support/finance-risk-procurement/insurance
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Definitions (133)

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dvc


Deputy Vice-Chancellor. There are three such officers in the University who hold the positions immediately below the Vice-Chancellor. The three positions are DVC (Administration), DVC (Academic) and DVC (Research)
Source: ofs.mq.edu.au (offline)

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batch name


Identifier for journal vouchers typed up and processed in a group (or batch). Only used by OFS. By a Macquarie convention, the initials of the operator are part of the name .
Source: ofs.mq.edu.au (offline)

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weighted equivalent full time student unit


(WEFTSU)
Source: ofs.mq.edu.au (offline)

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weftsu


Weighted Equivalent Full-Time Student Units 
Source: ofs.mq.edu.au (offline)

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university property


Includes all property, other than University money, held by any person for, or on behalf of, the University. This includes all assets purchased from funds administered by the University, except where an agreement to the contrary is part of the conditions associated with a particular grant, contract or so forth.  
Source: ofs.mq.edu.au (offline)

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university money


Includes: (a) Securities and all revenue, loans and other money whatever, collected, received or held by, for or on account of the University (b) Money that is directed to be paid to the University's Operating or Special Purpose Funds.
Source: ofs.mq.edu.au (offline)

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tess


Tertiary Education Superannuation Scheme
Source: ofs.mq.edu.au (offline)

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trade creditors


Companies from whom goods or services have been purchased and who are awaiting payment.
Source: ofs.mq.edu.au (offline)

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ug1


Undergraduate Codes 1, 2, 3 or 4. Used in Divisional Funding Model to indicate undergraduate teaching subjects with least(1), medium(2), high(3) and highest(4) cost input required. See PG1, HD1
Source: ofs.mq.edu.au (offline)

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supplier contact


Field on requisition screen. The sales person or contact at the vendor company. Designated by the financial unit. This appears on the order to ensure that the order is sent to the correct area.
Source: ofs.mq.edu.au (offline)


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