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 Nominal Accounts |
Accounts in the nominal ledger that are closed out each period. These include revenue accounts, expense accounts, and dividend or withdrawals accounts, and are not specific to an individual customer or supplier.Other accounting software terms beginning with N |
| Narrative |
| A comment attached to a journal entry, usually use... |
| Net loss |
| Net loss is total expenses minus total sales - ass... |
| Net of Tax |
| Net of Tax refers to the price of goods or service... |
| Net profit |
| The company's total earnings less costs of doing b... |
| Net worth |
| Net worth is a company's value on paper - equal to... |