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 Matching principle

The matching principle is the accounting principle that requires all costs that are directly associated with the realisation of the revenue reported within the income statement for a particular period, are correctly recognised.


Other accounting software terms beginning with M

Management accounting
Management accounting involves the processes of pr...

Manufacturing account
An accounting statement that forms an integral par...

Manufacturing Resource Planning
MRP II or Manufacturing resource Planning is a met...

Matching principle
The matching principle is the accounting principle...

Material Requirements Planning
MRP or Material Requirements Planning is a softwar...

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