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 Goodwill

Goodwill is the extra value placed on a business over and above the value of its assets, calculated when a business is acquired as a going concern, and applied to the accounts of the company carrying out the acquisition.


Other accounting software terms beginning with G

G&A
G&A commonly refers to General & Administrative ex...

Gearing
Gearing expresses the proportion of the capital em...

General Ledger
See Nominal Ledger....

Goodwill
Goodwill is the extra value placed on a business o...

Gross loss
The gross loss is the balance of a company's tradi...

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