Skip to main content

Glossary

A definitive guide into what DesignerLink terminology means.

Updated over 10 months ago

Account Assignments – The categorization of expenses to the appropriate accounts in QuickBooks for financial tracking and reporting.

Access Portal Checkbox – A setting that enables client access to the Client Portal for approving proposals.

Applying Retainer Payments – The process of allocating retainer funds to invoices, proposals, or time entries within DesignerLink 2.0.

Archive/Unarchive – The process of moving items into or out of the archive to manage visibility.

Balance Due – The remaining amount a client needs to pay on an invoice or proposal after initial payments.

Balance Due Invoicing – A feature that allows designers to customize the amount a client pays for a product proposal or estimate.

Bill (QuickBooks Online) – A financial record representing money owed to a vendor for goods or services received, converted from a purchase order.

Billable Expense – An expense that can be charged to a client as part of a project.

Bulk Update – An action allowing users to modify multiple items at once, such as updating room assignments or markup percentages.

Cloning Items – The process of duplicating an item for use in another project to save time on data entry. Ship-to info will not clone if moved to another project.

Color / Finish – The attribute that defines the appearance of an item.

Create Bill Button – A feature in QuickBooks Online that allows users to convert a purchase order into a bill for accurate accounting.

Discount Field – A field used to enter discount percentages applied to an item's price.

Discount Taken – The calculated discount based on the MSRP, showing the net cost after the discount is applied.

Dimensions – The measurements of an item, including height, width, and depth.

Description/Service Presets – Predefined settings that determine whether Time & Expense Entries are taxable or non-taxable.

Expense Entries – Records of purchases made outside of proposals and purchase orders, such as client meals or travel costs.

Expenses (QuickBooks Online) – A section in QuickBooks Online where users can track spending, manage bills, and view vendor transactions.

Favorite Items – A feature allowing users to mark high-priority items for quick access on their Dashboard.

Financial Record Management – The practice of organizing and maintaining accurate quotes, invoices, and other financial documents for business tracking.

Global Footers – Pre-saved text, such as Terms & Conditions, that can be applied to multiple documents to save time.

Group Items – A feature that enables users to create a set of related items and add them simultaneously to a single item presented to a client.

Item Class – A categorization method used for accounting purposes that syncs with QuickBooks Online (e.g., Accessories, Furniture, Lighting).

Item Tags – Flexible labels used to categorize and organize items based on keywords or descriptors (e.g., Chandelier, Kitchen, Outdoors).

Item URL – A link associated with a specific item for reference or purchase.

Item View – A tab displaying all active project items.

Invoice Creation – The process of compiling multiple expenses into a single invoice for billing.

Mapping Fields – Aligning exported data fields (e.g., customer name, item description, price) with corresponding QuickBooks Online fields to ensure accurate data transfer.

MSRP (Manufacturer's Suggested Retail Price) – The price recommended by the manufacturer for retail sale.

Negative Expense – A deduction or credit applied to a financial entry, such as a refund or correction.

Net Cost – The final cost of an item after applying discounts.

Open Payment (QuickBooks) – A recorded payment in QuickBooks that remains available until applied to specific invoices.

Pixel Ratio (400x400) – The recommended image size for optimal display on Purchase Orders (POs) and Proposals/Estimates.

Positive Expense – A standard expense entry that adds cost to a project.

Presets – Saved settings that help streamline data entry for Time Entry Services, Rooms, Unit Types, and more.

Product Photos – Images of an item that remain visible while editing or adding an item.

Project (DesignerLink 2.0) – A key organizational unit in DesignerLink 2.0 that helps manage tasks, clients, and various types of work, such as client projects, showrooms, or inventory projects.

Proposal/Estimate – A document outlining product costs, quantities, and payment expectations for a project.

Purchase Order (PO) – A document issued by a buyer to a vendor detailing the products or services to be purchased, including quantities and agreed-upon prices.

Quote Conversion – The process of transforming a quote from DesignerLink into an invoice in QuickBooks Online.

Reimbursables – Expenses that can be reimbursed by a client or company, including travel, meals, and marketing costs.

Retainer – A fee paid in advance to secure design services, which can be applied to invoices, proposal balances, or other project-related costs.

Retainer Invoice – A customized invoice created for collecting retainer payments, which can be renamed upon request.

Ship to Address – The designated address where an item will be delivered.

Sidemark - a brief label shipment that identifies the project the item belongs to, aiding in organization and delivery. We can also add/edit fields to your default sidemarks to save time!

Spec Sheet – A generated document containing detailed specifications of an item.

Tax Jurisdiction – A region with specific tax regulations that may impact project tax settings in DesignerLink 2.0.

Taxable Expense – An expense that is subject to tax, requiring proper categorization in the system.

Taxable Setting Hierarchy – The order in which tax settings apply in DesignerLink 2.0, prioritizing Account settings, followed by Project settings, then Description/Service Presets.

Template Item View – A tab containing items saved as templates for repeated use in projects.

Time + Expense Invoice – A document combining time-tracked work and expenses for client billing.

Time Entries – Logged work hours associated with a project, which can be billed to a client.

Vendors (QuickBooks Online) – The section within QuickBooks Online where businesses manage suppliers, purchase orders, and payments.

Vendor Record – Information related to a supplier or manufacturer, including contact and shipping details.

Let me know if you'd like further adjustments or more terms added!

Did this answer your question?