Difference between revisions of "Glossary"
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| − | + | =Glossary= | |
[[Ellserve:Ellserve|Back]] | [[Ellserve:Ellserve|Back]] | ||
| − | + | ==Account== | |
The consumption element against which a bill is raised. The simplest accounts will have a single tariff for a single commodity at a single site (e.g. a single electricity meter (ICP) on an anytime tariff). More complex accounts may have more than one tariff (e.g. a single electricity ICP with separate day and night tariffs), it is also possible for one account to have more than one commodity (e.g. dual fuel, gas and electricity metering at the same address provided by the same retailer), and more than one ICP for the same commodity. | The consumption element against which a bill is raised. The simplest accounts will have a single tariff for a single commodity at a single site (e.g. a single electricity meter (ICP) on an anytime tariff). More complex accounts may have more than one tariff (e.g. a single electricity ICP with separate day and night tariffs), it is also possible for one account to have more than one commodity (e.g. dual fuel, gas and electricity metering at the same address provided by the same retailer), and more than one ICP for the same commodity. | ||
[[Ellserve:Ellserve|Back]] | [[Ellserve:Ellserve|Back]] | ||
| − | + | ==Budget== | |
A user-agreed and fixed set of related monthly data recording expected monthly cost and consumption values over a determined period of time (typically financial year). | A user-agreed and fixed set of related monthly data recording expected monthly cost and consumption values over a determined period of time (typically financial year). | ||
[[Ellserve:Ellserve|Back]] | [[Ellserve:Ellserve|Back]] | ||
| − | + | ==Commodity== | |
A consumable associated with quantity based invoicing, such as natural gas or electricity. | A consumable associated with quantity based invoicing, such as natural gas or electricity. | ||
[[Ellserve:Ellserve|Back]] | [[Ellserve:Ellserve|Back]] | ||
| − | + | ==Control== | |
A self-contained, data display element that can be placed on any location on any configurable web page. The standard template widgets are: | A self-contained, data display element that can be placed on any location on any configurable web page. The standard template widgets are: | ||
* Data Table | * Data Table | ||
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* Budget Tracker | * Budget Tracker | ||
[[Ellserve:Ellserve|Back]] | [[Ellserve:Ellserve|Back]] | ||
| − | + | ==Data== | |
The data in Ellserve is either: | The data in Ellserve is either: | ||
* A data stream: time-series data captured (after validation) from | * A data stream: time-series data captured (after validation) from | ||
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A continually updated set of system-generated monthly data of the expected monthly cost and consumption values for a period of 18 months into the future. | A continually updated set of system-generated monthly data of the expected monthly cost and consumption values for a period of 18 months into the future. | ||
[[Ellserve:Ellserve|Back]] | [[Ellserve:Ellserve|Back]] | ||
| − | + | ==Monthly Data== | |
Ellserve’s reporting feature use data aggregated or normalised to monthly values. There are five types of monthly data: | Ellserve’s reporting feature use data aggregated or normalised to monthly values. There are five types of monthly data: | ||
* Normalised: Actual cost and consumption allocated to the month in which consumption took place | * Normalised: Actual cost and consumption allocated to the month in which consumption took place | ||
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* Budgeted: A special case of forecast data used for budget tracking. | * Budgeted: A special case of forecast data used for budget tracking. | ||
[[Ellserve:Ellserve|Back]] | [[Ellserve:Ellserve|Back]] | ||
| − | + | ==Normalisation== | |
The process of data standardisation to allow meaningful interpretation and comparison with other data. Data maybe normalised in several different ways; however in Ellserve the term “normalised” when applied to cost or consumption implies that invoiced data has been “spread” over the period during which actual consumption took place (thereby avoiding a consumption spike for a month in which more than one invoice is issued). | The process of data standardisation to allow meaningful interpretation and comparison with other data. Data maybe normalised in several different ways; however in Ellserve the term “normalised” when applied to cost or consumption implies that invoiced data has been “spread” over the period during which actual consumption took place (thereby avoiding a consumption spike for a month in which more than one invoice is issued). | ||
[[Ellserve:Ellserve|Back]] | [[Ellserve:Ellserve|Back]] | ||
| − | + | ==Projection== | |
A continually updated set of system-generated monthly data of the expected monthly cost and consumption values where actual data stream values for a month are incomplete. Incomplete actual data may occur: | A continually updated set of system-generated monthly data of the expected monthly cost and consumption values where actual data stream values for a month are incomplete. Incomplete actual data may occur: | ||
* For individual accounts where invoicing periods do not match calendar months | * For individual accounts where invoicing periods do not match calendar months | ||
Revision as of 10:32, 26 October 2012
Glossary
Account
The consumption element against which a bill is raised. The simplest accounts will have a single tariff for a single commodity at a single site (e.g. a single electricity meter (ICP) on an anytime tariff). More complex accounts may have more than one tariff (e.g. a single electricity ICP with separate day and night tariffs), it is also possible for one account to have more than one commodity (e.g. dual fuel, gas and electricity metering at the same address provided by the same retailer), and more than one ICP for the same commodity. Back
Budget
A user-agreed and fixed set of related monthly data recording expected monthly cost and consumption values over a determined period of time (typically financial year). Back
Commodity
A consumable associated with quantity based invoicing, such as natural gas or electricity. Back
Control
A self-contained, data display element that can be placed on any location on any configurable web page. The standard template widgets are:
- Data Table
- Graph
- Summary Table
- Invoice Browser
- ICP Information Browser
- Account Information Browser
- Document Browser
- Notes Browser
- Budget Tracker
Data
The data in Ellserve is either:
- A data stream: time-series data captured (after validation) from
- invoices (e.g. account costs or ICP consumption), or
- external databases (e.g. climate data)
- User-specific reference(e.g. reporting groups)
- Quantised by month: reporting data aggregated from input and system generated data streams to a monthly value.
Forecast
A continually updated set of system-generated monthly data of the expected monthly cost and consumption values for a period of 18 months into the future. Back
Monthly Data
Ellserve’s reporting feature use data aggregated or normalised to monthly values. There are five types of monthly data:
- Normalised: Actual cost and consumption allocated to the month in which consumption took place
- Invoiced: Actual cost and consumption allocated to the month in which consumption was invoiced
- Forecast: Expected cost and consumption allocated to the future month in which consumption will take place
- Projected: Expected cost and consumption allocated to a month in which partial consumption has taken place.
- Budgeted: A special case of forecast data used for budget tracking.
Normalisation
The process of data standardisation to allow meaningful interpretation and comparison with other data. Data maybe normalised in several different ways; however in Ellserve the term “normalised” when applied to cost or consumption implies that invoiced data has been “spread” over the period during which actual consumption took place (thereby avoiding a consumption spike for a month in which more than one invoice is issued). Back
Projection
A continually updated set of system-generated monthly data of the expected monthly cost and consumption values where actual data stream values for a month are incomplete. Incomplete actual data may occur:
- For individual accounts where invoicing periods do not match calendar months
- For account groups where, in a given month, invoicing an account may complete, partial or absent.
Projected data values for an account are calculated by subtracting actual values from forecast values. Where an account’s actual values are based on incomplete invoicing, a falsely positive variance between Actual and Forecast data will occur. Projected data uses Forecast data to fill in the gap created by missing Actual data, eliminating falsely positive variances and allowing earlier detection of valid variances than would be otherwise possible. Where an account is full y invoiced for a month the Projected value is equal to Actual value. Back