Accounting Software Glossary |
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The accounting software glossary is a glossary of words and phrases related to accounting software and is provided entirely as-is and without warranty. Please feel free to make use of the definitions of accounting software terms contained herein, provided you quote your source or, if used online, provide a link back to the accounting software glossary. |
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A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Definition of Accrual method of accounting |
Accrual method of accounting is the recognition of revenue when earned or expenses when incurred regardless of when cash is received or disbursed. This is the method of accounting usually required by law and most accounting software operates on the accrual basis by default.Other accounting software terms beginning with A |
| Above the line |
| Above the line accounting refers to transactions, ... |
| Account |
| An account within your accounting software records... |
| Accounting cycle |
| The accounting cycle is the sequence you have to g... |
| Accounting equation |
| The accounting equation that accounting software u... |
| Accounting Software |
| Accounting software is a computer program that pro... |