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 Error of Principle

This occurs when one or both of the entries are made in the wrong class or category of account, such as telephone expenses beings posted to vehicle depreciation.