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 Credit Note

A credit note is issued by a seller to allow a buyer to purchase an item or service from that seller on a future date, or to cancel the requirement to pay for goods already received. Credit notes are most often issued to compensate for faulty or substandard goods, or to negate invoices in part or in total.


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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