GlossaryGuide

Perfection

Perfection The process of correcting or perfecting a record of segment of data.

4 years ago

Pending Transaction A transaction input to IDRS but not yet effective at the Master File account. See Section 13 for…

4 years ago

Overage Returns that files cannot shelve because they are not on the cycle proof listing.

4 years ago

Orphan Blocks Data blocks that have not been completely processed for one or more reasons. These blocks may also be…

4 years ago

Original Entry (OE) Term used in DIS for the first entry of data through a terminal

4 years ago

Optical Character Recognition (OCR) A type of equipment that can scan (read) hardcopy information and translate it into machine readable…

4 years ago

On-Site Equipment located locally.

4 years ago

On-Line Terminal and data bases that are interconnected through the computer system.

4 years ago

Off-Site Equipment located other than locally.

4 years ago

Offsetting In or Out Computer action taken when a taxpayer has overpaid one module and underpaid another. By offsetting in…

4 years ago