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Accounting terms

Dictionary of all accounting terms

2
A
B
C
D
E
F
G
I
L
N
O
P
Q
R
S
T
V

2

2/10 Net 30

A

Accounting Software
Accrual
Accounting Year
Accounts Payable
Accounts Receivable
Assets
Amortization
ABC analysis
Appreciation

B

Budget
Bookkeeping
Balance Sheet
Break-even point
Business bank account
Burn Rate

C

Cash Flow Statement
Corporation Tax
Cost
Credit Card
Credit Note
Creditor
Currency
Cash Flow
Cost of Goods Sold (COGS)
Cash on Delivery
Cash in Advance
Capital expenditures
Capital
Cash on Order
Chart of Accounts

D

Debit
Debtor
Delivery Note
Depreciation
Dividend
Director's Loan Account
Directors' Remuneration
Debt
Deposit
Draws and Distributions
Deductible Expenses

E

Electronic Invoice (E-invoice)
Expense
Estimate

F

Fiscal Year
Fixed Costs

G

Gross Profit
Gross Margin
General Ledger
GAAP (Generally accepted accounting principles)

I

Invoice
Invoice discounting
Invoice Factoring
Invoice Template

L

Leasing
Liability
Limited Company
Loss
Liquidity

N

Net Income
Net 7, 10, 30, 60, 90

O

Online Payment
Online Invoicing Software

P

Payroll
Proforma Invoice
Profit and Loss Statement
Penetration pricing
Petty cash
Payment in Advance
Payment Gateway

Q

Quotation

R

Recurring Invoice
Revenue
Return on Investment (ROI)
Reconciliation

S

Sales
Sales Tax
Subscription

T

Tax Accounting
Tax Invoice

V

Value-Added Tax (VAT)
Variable Cost

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