Business sector

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Accounting terms

The meaning and explanation for the special accounting terms

Accounting terms
Accounting terms

A B C D E F G I K L M O P Q R S T V Y

A

Accounting software

Accounting year

Accounts payable

Accounts receivable

Accounts receivable turnover ratio

Aged debtor report

Auditor's report

B

Bank reconciliation

C

Chart of accounts

Contribution margin

Control account

Corporation tax

Customer balance list

D

E

Electronic invoice

F

Financial accounting

Financial benchmarking

Fixed exchange rate

G

I

Income statement

International Financial Reporting Standards

Inventory management

Inventory turnover

K

L

Limited company

M

O

Opening balance

Operating lease

P

Pro forma invoice

Profit and loss statement

Project management

Q

R

Remittance advice

S

Sole propietorship

Statement of cash flows

T

Time/case management

V

Y