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 Depreciation |
The value of assets usually decreases through time. The percentage that it decreases by is called depreciation and is calculated at the end of every accounting period. A typical method of recording this is on a 25% reducing balance basis.Other accounting software terms beginning with D |
| Days Sales Outstanding (DSO) |
| Days Sales Outstanding is a company's average mone... |
| Debenture |
| A long-term share used by governments and large co... |
| Debit |
| A debit is a record of an indebtedness. Specifica... |
| Debtors |
| People that owe money to the business.... |
| Debtors (control account) |
| the total amount owed by the all the individual de... |