E-conomic Glossary

Here you can find easy access to the definition pages that are located in the accounting glossary on our website. This list is ever changing and ever growing, and we would love to hear your input! Please join the discussion at the bottom of this page if you would like us to add a new accounting word or term to our list.

Accountancy|

Accounting System

Accounting year

Accounts Receivable

Accruals

Aged debtors report

Amortisation

Annual report

Assets

Auditor's report

Audit trail

Balance Sheet

Bank reconciliation

Bookkeeping

Budget

Capital

Cash

Cash discount

Cash budget

Chart of accounts

Contra account

Contribution margin

Corporation

Corporation tax

Credit

Creditor

Currency

Debenture

Debit

Debtor

Delivery note

Department

Depreciation

Double entry bookkeeping

Expense

Financial benchmarking

Fixed exchange rates

Franchising

Gains

General Ledger

Goodwill

International Financial Reporting Standards

Invoice

Liabilities

Limited Companies

Losses

Opening balance

Packing note

Partnership

Payroll

Prepayments

Profit And Loss Statement

Proforma invoice

Provision

Remittance advice

Reserves

Revaluation

Revenues

Rounding

Sales Turnover

Sole Trader

Stock management

Stockholders' Equity

Statement of cash flows

Subscription

UK GAAP

Variance

Vat

Year end