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 Impersonal Accounts |
Impersonal accounts represent accounts other than Personal Accounts, i.e. not relating directly to customers and suppliers. This may be sub-classified into: a. Real Accounts, e.g. Asset Account; and, 2. Nominal Accounts, e.g. Income and Expenditure Accounts.Other accounting software terms beginning with I |
| Impersonal Accounts |
| Impersonal accounts represent accounts other than ... |
| Imprest System |
| The imprest system is a method for keeping petty c... |
| Income |
| The amount of money or its equivalent received dur... |
| Inland Revenue |
| The UK Inland Revenue was the Government departmen... |
| Insolvent |
| Insolvent is the term used to describe a company t... |