What is an FTE | Full-time-equivalent

Meaning

FTE is a way to measure how many full-time employees you have in your business. This is useful for budgeting and planning.

Key points

• What is an FTE | Full-time-equivalent appears frequently in invoicing, payment handling, and bookkeeping workflows.
• The term improves clarity between clients, suppliers, and accounting teams.
• Consistent use supports cleaner documentation and better reporting quality.

Practical use

In Nexbal workflows, what is an fte | full-time-equivalent is used to keep invoice and payment operations structured and auditable.