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 Moving average |
Calculating a moving average is a way of removing the extremities of a series of figures. For example a company having volatile monthly sales figures can decide to use a moving average of 3 months. They will add up the totals for 3 months and divide by three to work out the moving average, which being more regular than the raw figures will tend to be a better indicator of long-term trends.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... |