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 Fixed Assets

Fixed assets are permanent features required for the normal conduct of a business which, will not normally be converted into cash during the ensuring fiscal period. For example, furniture, fixtures, land, and buildings are all fixed assets.


Other accounting software terms beginning with F

FIFO
FIFO is an acronym for First in First out, which i...

Fiscal year
The name given to an accounting year for a company...

Fixed Assets
Fixed assets are permanent features required for t...

Fixtures & Fittings
Fixtures and Fittings are a category of fixed asse...

Flash earnings
When a company issues a press/news release that sh...

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