2
- 2B reconciliation
- Matching the input tax credit in your books against GSTR-2B, the statement generated from your suppliers’ filings.
A
- Attach mode
- rung1 working on an ERPNext site you already run, instead of one we host.
C
- Closed period
- An accounting period that has been locked, so nothing can be posted into it.
D
- Data fiduciary
- Under the DPDP Act, 2023, the business that decides why and how personal data is processed; it stays responsible even when a vendor processes the data.
- Data processor
- Under the DPDP Act, 2023, a vendor that processes personal data on a data fiduciary’s behalf, under a contract.
- Design partner
- One of 10 Phase 1 firms helping prove rung1 on real books, free for 90 days.
E
- e-invoice (IRN)
- An invoice registered on the GST Invoice Registration Portal, which returns an Invoice Reference Number.
- E-way bill
- An electronic document required for moving goods above a value threshold (generally ₹50,000), carrying transporter and vehicle details.
- ERPNext
- An open-source ERP (enterprise resource planning) system built on the Frappe framework, widely used by Indian SMEs for accounting, inventory, manufacturing and payroll.
G
- Gate check
- The set of checks every change must pass on a copy of your books before it can be approved.
- GSTR-1
- The monthly or quarterly GST return that reports your outward supplies.
- GSTR-3B
- The summary GST return in which tax is paid.
H
- Hash-chained
- Each record carries a fingerprint of the one before it, so any later edit to the chain shows.
- HSN
- Harmonised System of Nomenclature: the code that classifies goods for GST.
I
- India Compliance
- An open-source ERPNext app that adds Indian GST features: e-invoicing (IRN and QR code), e-way bills, GSTR-1 and 2B reconciliation.
M
- MCA audit trail
- The statutory edit log that accounting software must keep and that can’t be switched off.
N
- Named approver
- A specific person you choose who says yes before a change reaches your books.
P
- Place of supply
- The location that decides whether GST is charged as CGST + SGST or as IGST.
- Proof record
- The record written for every change: who asked, what the checks said, who approved, how to undo.
R
- Refusal
- A change stopped by a check, explained in rupees. Refusals cost ₹0.
- Rule 11(g)
- The rule under which a company’s auditor reports whether its accounting software kept an audit trail all year that was not tampered with and is preserved.
S
- Sandbox
- A throwaway copy of your site where a change is built and tested, never live.
T
- Trial balance
- The list of every ledger balance; debits must equal credits.
U
- Undo
- Reversing a published change within 30 days. The undo is built from the record, never written by AI, and it is checked too.