LUCA REPORT

Component: (Network and Hypercube)
Network	000-Things (https://xbrlsite.azurewebsites.net/seattlemethod/dca/role/Things)
Hypercube	Things [hypercube]

Reporting Entity [Aspect]

AAAAAAAAAA | http://xbrlsite.com/id

Concept [Aspect]	Period [Aspect]
Concept [Aspect]	2024-01-01 \| 2024-12-31
Things [set]
Situation	A situation is anything that might generates a business event. Note that not all situations generate business events.
Business event	A business event (a.k.a. economic event) is anything that happens at a point in time related to an economic entity. Many business events have no impact of the financial records of an economic entity and therefore never become a financial accounting transaction. All financial business events are converted to financial transactions which are all at points in time.
Economic resource	An economic resource (a.k.a. resource) is money, goods, services, rights.
Counterparty	A counterparty (a.k.a. agent) is simply the other party involved in a business event other than the economic entity which is recording the business event.
Core event	Business events can be distilled down into a set of core events that capture the essence of the business event. Core events give rise to a change in an economic entities financial statements.
Entitlement	In legal contexts, entitlement refers to a recognized right or claim to receive or an obligation to provide a benefit, service, or other value which is often grounded in laws, contracts, or government programs.
Business workflow	A business workflow is a common pattern of core events. Three common patterns of core events are procure to pay (P2P), order to cash (O2C), and make.

Component: (Network and Hypercube)
Network	100-Business Workflows (https://xbrlsite.azurewebsites.net/seattlemethod/dca/role/BusinessWorkflows)
Hypercube	Business workflows [hypercube]

Reporting Entity [Aspect]

AAAAAAAAAA | http://xbrlsite.com/id

Concept [Aspect]	Period [Aspect]
Concept [Aspect]	2024-01-01 \| 2024-12-31
Business workflows [set]
Procure to pay	Procure to pay or P2P events involves tracking the activity from the beginning with a set of requirements through until the goods and/or services have been received and paid for.
Order to cash	Order to cash or O2C events include all the activities of marketing and sales through to order fulfillment, invoicing and receiving payment (a.k.a. remittance).
Make	Make events involve the making something and includes production orders, for manufacturing process and projects for many other types of work.

Component: (Network and Hypercube)
Network	200-Core Events (https://xbrlsite.azurewebsites.net/seattlemethod/dca/role/CoreEvents)
Hypercube	Core events [hypercube]

Reporting Entity [Aspect]

AAAAAAAAAA | http://xbrlsite.com/id

Concept [Aspect]	Period [Aspect]
Concept [Aspect]	2024-01-01 \| 2024-12-31
Procure to Pay [abstract]
Purchase order	The process of committing to the purchase order (signing the PO or its equivalent) sets up a right to receive the goods or services covered by the purchase order and an obligation to pay.
Ship notification	Vendors often send a notification of a shipment (shipping notification). Many economic entities ignore this from an accounting standpoint preferring to recognize on receipt or billing, but depending on the industry, and especially if the terms are FOB (Free on Board) Shipping, it means that the buyer takes official ownership of the goods at the time of shipping and it would make sense to involve the shipping notification in the accounting policy.
Receipt	A receipt is the fulfillment of an economic entity's right to receive goods or services. This is receipt in the sense that someone in the warehouse would receive goods. When you receive a service we consider all of these receipts. Some we will set up to be implied receipt and only do something explicit if something interferes with the delivery of the service.
Bill	A bill is when a vendor or supplier sends you an invoice. A bill is formalizing your commitment of your obligation to pay someone some money. In almost all cases the obligation existed prior to the bill showing up but this is usually the formalization. Most contracts tie the actual payment due date to the invoice date and not to the date of delivery or to any other date. Also often bills clarify some of the specifics (what was the unit cost at the time, what quantity was delivered, if it is possible that is different from that which was ordered). We treat any demand for payment as a bill. When your employee turns in an expense report, that is equivalent to a bill, just of a different type. So is the monthly coupon to pay your mortgage. A fine from a regulatory agency is a bill, however it is distinct from other bills in that you never ordered it and presumably didn’t get anything in return.
Payment	Payment is where an economic entity pays someone else, a counterparty. It is the fulfilment of an obligation to pay money. Payment may be check, cash or some electronic means such as ACH (Automated Clearing House a US based system for bank to bank transfers) or SWIFT (an international cross bank settlement system).
Order to Cash [abstract]
Sales order	A sales order sets up the obligations of an economic entity to deliver and the customers, the counterparty, obligation to pay.
Shipment	Shipment covers the concept to cover physical goods as well as services or bundles of goods and services. A delivered part is the bundle of the good that was delivered and the service of delivery. We consider any delivery of service to be a shipment. We consider it a shipment when we provide a service even if the delivery is implied, as with providing insurance to a third party.
Receipt acknowledgement	A receipt acknowledgement is the formal acknowledgement of the receipt of a shipment. Many industries treat receipt acknowledgement only in the exception (when it is rejected) and so implied.
Invoice	An invoice is where an economic entity formally delivers an invoice to a counterparty such as a customer or client. An invoice is a formalization of an economic entity's right to receive money.
Remittance	A remittance is the fulfillment of an economic entities right to be paid. For the same reason that we separated bill from invoice, here we separate the act of paying others (payment) from receiving payment from others (remittance).
Make [abstract]
Launch	When you launch a production order you are setting up some obligations and rights. A launch indicates that an economic entity has committed the supplies, equipment and labor to satisfy the obligation. You are setting up the right for your finished goods warehouse to receive the goods. Most organizations set up a ”Work in Progress” (WIP) object to collect all the costs involved with the production order. Launch also applies to a project, but a project usually is the delivery of a service. If the project is to build a product (as in “make to order” manufacturing) it is really more like a production order, but people often call it a project.
Issue	An issue refers to the issuance of parts to a production order or a project by an economic entity. The project or the WIP have the right to receive the part; that right is fulfilled by the issue. Economic entities with complex manufacturing processes set up obligations for the issue of these parts in their Bill of Materials processing.
Recourse comsumption	When labor or equipment is used on a project or WIP we call this a resource consumption event. Labor, obviously, and the use of equipment more subtly is a service. Consider the difference between buying a car (purchasing an asset) and renting a car (acquiring the use of a car is a service over a period of time). Using a production machine is similarly the fulfilment of the WIP or Project’s right to receive services.
Milestone	In some industries, partial completion of a milestone can be considered an economic event.
Complete	Often the completion of a production order or project has economic significance. There may be the equivalent of a receiving report when the warehouse inspects and receives the completed good. It is very similar to receiving a product ordered from an outside vendor, but because the accounting is quite different, most manufacturing companies will have a different event for this activity.
Transfer	A transfer is an event where the economic entity is both the party and the counterparty of the event. A transfer does not involve a change in ownership or obligation. An example of a transfer is if we move money from our savings account to our checking account, we want to record that, even though we still have the same amount of cash. In this case, there is a third party involved, the bank. But in this case the involvement is in being a custodian, moving the money does not change any obligations. One common variation of transfer is deposit. In this case it is taking cash on hand or checks that have been presented and transferring them to the bank. Moving money into an investment account is also a transfer, but if in that account you buy stocks, that will involve the usual buy, pay and receive events. Economic entities rarely record in their books a transfer of goods (say from one warehouse to another), as it generally does not affect the overall financial position of the organization. The exception would be if moving to a different jurisdiction affects valuation or property tax obligation, you should consider physical movement a financial business event.

Component: (Network and Hypercube)
Network	300-Obligation Type (https://xbrlsite.azurewebsites.net/seattlemethod/dca/role/Obligation Type)
Hypercube	Obligation types [hypercube]

Reporting Entity [Aspect]

AAAAAAAAAA | http://xbrlsite.com/id

Concept [Aspect]	Period [Aspect]
Concept [Aspect]	2024-01-01 \| 2024-12-31
Obligation types [set]
Commitment	A commitment is a binding agreement to perform or deliver something in the future. The degree of commitment relates to how hard would it be to reverse the event.
Fulfillment	Fulfillment relates to the act of satisfying a requirement, condition, or commitment. The normal way that commitments get satisfied is through fulfillment. If you have a commitment to pay someone, it is the payment that fulfills that commitment. If you have a commitment to deliver goods or services, it is the delivery that fulfills the commitment.

Component: (Network and Hypercube)
Network	400-Counterparties (https://xbrlsite.azurewebsites.net/seattlemethod/dca/role/Counterparties)
Hypercube	Counterparties [hypercube]

Reporting Entity [Aspect]

AAAAAAAAAA | http://xbrlsite.com/id

Concept [Aspect]	Period [Aspect]
Concept [Aspect]	2024-01-01 \| 2024-12-31
Counterparties [set]
Self	Self is the economic entity itself as the counterparty of an event, such as with a transfer event.
Employee	Employee of the economic entity.
Owner	Owner of the economic entity.
Customer	Customer of the economic entity.
Supplier	Supplier of the economic entity. A supplier provides raw materials or components.
Vendor	Vendor of the economic entity. A vendor is everyone else that is not a supplier or the government.
Government	Governmental unit.

Component: (Network and Hypercube)
Network	500-Entitlement (https://xbrlsite.azurewebsites.net/seattlemethod/dca/role/Entitlement)
Hypercube	Picklist [hypercube]

Reporting Entity [Aspect]

AAAAAAAAAA | http://xbrlsite.com/id

Concept [Aspect]	Period [Aspect]
Concept [Aspect]	2024-01-01 \| 2024-12-31
Entitlement [set]
Right	A right is a claim against a counterparty. It is a right to have an obligation fulfilled.
Obligation	An obligation is a claim a counterparty has against an economic entity. It is an obligation to fulfill a commitment.
Both	The event is both a right and an obligation.

Component: (Network and Hypercube)
Network	600-Economic Resource (https://xbrlsite.azurewebsites.net/seattlemethod/dca/role/EconomicResource)
Hypercube	Picklist [hypercube]

Reporting Entity [Aspect]

AAAAAAAAAA | http://xbrlsite.com/id

Concept [Aspect]	Period [Aspect]
Concept [Aspect]	2024-01-01 \| 2024-12-31
Economic resource [set]
Money	An obligation is fulfilled using money.
Goods or services	An obligation is fulfilled using goods and/or services.

Component: (Network and Hypercube)
Network	700-Business Events (https://xbrlsite.azurewebsites.net/seattlemethod/dca/role/BusinessEvents)
Hypercube	Picklist [hypercube]

Reporting Entity [Aspect]

AAAAAAAAAA | http://xbrlsite.com/id

Concept [Aspect]	Period [Aspect]
Concept [Aspect]	2024-01-01 \| 2024-12-31
Business events [set]
Investment of cash by owner	Investment of cash into an economic entity by an owner of that economic entity.
Distribution of cash dividend to owner	Distribution of cash in the form of a dividend by an economy entity to an owner of that economic entity.
Procure inventories for sale from supplier on account	Procurement of inventories from a supplier of an economic entity for the purpose of selling those inventories to a customer.
Procure property, plant, and equipment for operations	Procurement of plant, property, and/or equipment by an economic entity with the intension of using that property, plant and/or equipment in the core operations of the economic entity.
Procure long-term debt from financial institution	Obtaining cash in the form of a long-term commitment from a financial institution where that cash will be repaid to the financial institution over a period of time in the future.
Repay long-term debt to financial institution	The act of repaying on a commitment to a financial institution related to a long-term obligation to repay cash.
Procure short-term debt from financial institution	Obtaining cash in the form of a short-term commitment from a financial institution where that cash will be repaid to the financial institution over a period of time in the future.
Repay short-term debt to financial institution	The act of repaying on a commitment to a financial institution related to a short-term obligation to repay cash.
Deliver goods from inventories to customer	Delivery of goods from inventories on hand to a customer of the economic entity.
Sale of inventories to customer on account	Sale of goods held in inventories of the economic entity to a customer of that economy entity.
Collection on customer account	Collection of cash from a customer of the economic entity from a customer of that economic entity from the previous sales and deliver of those goods.
Procure supplies from vendor	Procurement of supplies from a vendor of the economic entity.
Accrual of interest on debt	Accrual of interest which will be recognized in the accounts of an economic entity related to interest due on long-term or short-term debt.
Payment of accrued interest to financial institution	Payment of cash of preciously accrued interest to a financial institution.
Payment on supplier or vendor account	Payment of cash to a supplier or vendor for a previously recognized obligation related to the delivery of good and/or services.
Accrue allowance for bad debt of customer account	Accrue an estimated potential obligation related to potential bad debts of a customer of an economic entity.
Write off customer account as bad debt against allowance	Writing off a customer account which will not be collected in the future against a previously accrued allowance for such bad debts.
Write off damaged or lost inventories	Expensing of inventories because the inventories are not saleable because they are damaged or lost.
Write off surplus property, plant, or equipment	Expensing surplus property, plant, and/or equipment because it is no longer a productive asset of the economic entity.
Procure labor from employee	Procurement of labor from an employee of an economic entity as a liability and expense of that economic entity with the intent of future payment fulfilling that obligation in the future.
Payment of cash for procured employee labor	Payment of cash for the previous procurement of labor from an employee of the economic entity.
Payment of cash to government for income taxes	Payment of cash to the government related to income taxes.
Payment of cash to government for sales taxes	Payment of cash to the government related to sales taxes.
Payment of cash to government for employee payroll taxes	Payment of cash to the government related to employee payroll taxes.