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 Creditors (control account) |
This account reflects the total amount owed to all the individual creditors. The balance of the creditor s control account must equal the total of the creditors list, which represents the amounts owed by the individual creditors obtained from the individual balances in the various subsidiary ledger accounts for each creditor. This subsidiary ledger is known as the creditors' ledger.
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... |