Accounting Software Glossary

Accounting Software from Lakeview

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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Definition of Capital Allowances

In the UK, for tax purposes, profit and loss accounts are calculated gross of depreciation. Capital allowances are the government defined deductions that may then be claimed against before calculating taxable profit.


Other accounting software terms beginning with C

CAGR
Compound Annual Growth Rate is the year over year ...

Called-up Share capital
Called up share capital is the value of share capi...

Capital
Capital is goods, resources, wealth or money that ...

Capital account
Capital account is the part of a company's account...

Capital Allowances
In the UK, for tax purposes, profit and loss accou...

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