Online and Opex: Difference between pages

From ACT Wiki
(Difference between pages)
Jump to navigationJump to search
imported>Doug Williamson
m (Categorise.)
 
imported>Doug Williamson
(Create the page. Source: The Treasurer, September 2016, p21.)
 
Line 1: Line 1:
1.  
'''Op'''erating '''Ex'''penditure.


In the context of payment and settlement systems, this term may refer to the transmission of transfer instructions by users through such electronic means as computer-to-computer interfaces or electronic terminals, which are entered into a transfer processing system by automated means.
Opex is expenditure on items which are consumed, or whose benefits are otherwise enjoyed, in the short term, generally within the current financial reporting period.


 
Opex is contrasted with capital expenditure ('capex').
2.
 
The term may also refer to the storage of data by a transfer processing system on a computer database so that the user has direct access to the data (frequently in real time) through input/output devices such as terminals.
 
 
3.
 
More generally, connected to another computer or electronic terminal.  For example connected to the internet.




== See also ==
== See also ==
* [[Offline]]
* [[Capitalise]]
 
* [[Capital expenditure]]
[[Category:Treasury_operations]]
* [[Expenditure]]
[[Category:Technology]]
* [[Revenue expenditure]]

Revision as of 15:11, 6 September 2016

Operating Expenditure.

Opex is expenditure on items which are consumed, or whose benefits are otherwise enjoyed, in the short term, generally within the current financial reporting period.

Opex is contrasted with capital expenditure ('capex').


See also

Retrieved from ‘https://wiki.treasurers.org/w/index.php?title=Online&oldid=35546’