The Business Classification Scheme is used to describe common business functions and activities. The number of levels within the scheme can vary depending on level of detail and how the scheme will be used. Generally the structure of the scheme is hierarchical, moving from general to specific. Each function has related activities and each activity might have categories of transactions specific to the activity.
For public sector organisations these are usually defined, managed and provided as guidance by the public records office for the particular jurisdiction.
The Term Store refers to the database in which managed metadata is stored. By configuring this you are defining the database used by RecordPoint, the Term Group and Set therefore refer to the collection of related terms.
The RecordPoint Import Outcome template provides the ability to import outcomes and also create the business classification schema in the term store.
Before you create or modify the term store, the Managed Metadata Service must be configured. |
Function | Activity | Transaction |
Financial Management | Accounting | Statements |
Personnel Management | Procedures | Onboarding |
Occupational Health & Safety | Investigations | Reports |