Page 30 - New Employee Glossary
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Glossary 30
Computer system designed to capture, store, manipulate, analyze, manage, and present all
types of spatial or geographical data.
GL Account
Financial account that is used to code all transactions and establish the type of expense.
GL Accounting Flexfield
The specific account structure defined to fit Biogen’s specific needs. This structure includes
nine segments, as well as the length, name, and order of each segment within the structure.
GL Flexfield Account
Activity associated with an accounting transaction. Accounts are classified into one of six
categories asset, liability, ownership/stockholders’ equity, revenue, expense, or statistical
GL Flexfield Company
Legal entity. Also used for eliminations.
GL Flexfield Cost Center
Departments, divisions, or units of an organization where the manager of each is
responsible for all its associated costs and for ensuring adherence to its cost budgets.
GL Flexfield Geography
U.S. sales territory area or international distributor market.
GL Flexfield Intercompany
Intercompany entities used to support intercompany balancing.
GL Flexfield Product
Commercial, pharmaceutical, clinical, and contract manufacturing products.
Global Clinical Operations (GCO)
Co-Leads with the Program Medical Doctors the clinical development plan (Phase 1 through
Phase 4) for Biogen's early and late-stage programs.
Global Commercial Strategy (GCS)
Provides strategic direction and global perspective for commercial and late stage products.