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Take Off - The function of measuring quantities from specifications and drawings.
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Tax File # (RPC Payroll) - This value is only visual to limited people controlled by security program access level #69 requires an “8”.
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Tax Invoice Value/Amount (AP) - This is the value of the Invoice/Progress Claim including GST.
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Template Project Type - This is used as the starting project. It cannot have any accounting transactions. It provides a starting framework for a normal construction project.
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Termination Date (RPC Payroll) - Date on which the employee last worked for the organisation.
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Timesheet Note 221
This note provides a facility for the employee and/or the manager to pass special pay information / questions to the Payperson. It always starts empty for a payrun. Where pay sequences are not accessible to the Timesheet Maintenance, then details are entered as a note, ie: Leave past end of pay period. -
Timings (Sub-menu in Projects) - This keeps track of key contract dates, the correct project calendar to be used.
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Timings Finish Date
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Timings Start Date
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Title
The legal company name.
Or for Indentity card.such as Ms, Mr -
Title (Supplier/Subcontractor) - The formal business name of the company providing a service is used in all external documentation.
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Toolbox Talks - On Site OHSEQ sessions for employees and subcontractors covering training, allowing for consultation and the release of findings of Site Safety Inspections.
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Total Net (AP) - The sum of S/C Approved + Other Costs (-) Retention. Ie: the value on which GST is applicable.
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Trade (Allocation) - The logical cost control centre - the smallest component that will allow orders and subcontracts to be written; i.e. brick- layer (bricks, blocks, mortar, labour), electrician.
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Trading Name - If a company wishes to trade using a name other than its own full name (eg. Frinstance Pty Ltd wishing to trade as Frinstance), it must register that trading name as a business name with the appropriate company registrar e.g. ASIC
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Trade Rate - The listed price advertised by the manufacturer/distributor for the supply of a product/service.
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Trading Stock Liability - This represents the liability to offset trading stock value and would include project funding.
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Trading Stock Value - The asset value contained in a project i.e. when the project is the company's own development or when the project is being used as a stock clearing account.
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Turnover - The value of work done after payment for goods and services and contribution earned.
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Types of Analysis
- Qualitative analysis uses word form or descriptive scales
- Qualitative analysis uses numerical values
- Likelihood is usually expressed as either a probability, a frequency, or a combination of exposure and probability

