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 IÂ JÂ K LÂ M N OÂ PÂ QÂ RÂ SÂ TÂ UÂ VÂ WÂ XÂ YÂ Z
Definition of Run Rate |
The run rate is the forecast for the year based on the financial performance of a company over a certain period of time. For example a company that turns over £1 million in a give month is performing at a run rate of £12 million annual turnover.Other accounting software terms beginning with R |
| Raw Materials |
| Manufacturers purchase raw materials in order to p... |
| Real accounts |
| Real accounts are the accounts, including asset ac... |
| Realisation principle |
| Realisation principle states that revenue should o... |
| Rebate |
| A rebate is a reduction to fees or a refund of par... |
| Receipt |
| A written acknowledgment to confirm a payment of a... |