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 Bad Debts Account |
An open account balance or loan receivable that has proven to be uncollectible and is written off, this type of debt can deducted as expenses against tax liability provided it refers to a specific customer.Other accounting software terms beginning with B |
| Bad Debts Account |
| An open account balance or loan receivable that ha... |
| Bad Debts Reserve Account |
| An account record of bad debts over the period of ... |
| Balance Sheet |
| A fundamental function of accounting software is t... |
| Balancing Charge |
| The balancing charge is the loss or gain on an ass... |
| Bankrupt |
| When a person or unincorporated company is insolve... |