Important definitions and terminologies used in Business Accounting
A
Accounting in Business Accounting
Accounting Principles in Business Accounting
Accounts Payable (AP) in Business Accounting
Accounts Receivable (AR) in Business Accounting
Accrual Accounting in Business Accounting
Accruals in Business Accounting
Accrued Expense in Business Accounting
Accumulated Depreciation in Business Accounting
Activity Based Costing (ABC) in Business Accounting
Adjustable Rate Mortgage (ARM) in Business Accounting
Advance Tax in Business Accounting
Allowance for Bad Debts in Business Accounting
Allowance for Doubtful Accounts in Business Accounting
Amended Return in Business Accounting
Amortization in Business Accounting
Annual Report in Business Accounting
Asset in Business Accounting
ATM – Automated Teller Machine in Business Accounting
Audit in Business Accounting
Audit Trail in Business Accounting
Auditing in Business Accounting
B
Balance Sheet in Business Accounting
Bank Deposit Products in Business Accounting
Bank Pass Book in Business Accounting
Bank Reconciliation in Business Accounting
Bank Reconciliation Statement in Business Accounting
Banking Instruments in Business Accounting
Banking Regulations in Business Accounting
Bond in Business Accounting
Bonds and Debentures in Business Accounting
Bookkeeping in Business Accounting
Break-even Point in Business Accounting
Budget in Business Accounting
Budget Variance in Business Accounting
Business Cycle in Business Accounting
Business Entity Concept in Business Accounting
Business Valuation in Business Accounting
C
Callable Bond in Business Accounting
Capital in Business Accounting
Capital Expenditure in Business Accounting
Capital Gain in Business Accounting
Capital Lease in Business Accounting
Capital Receipts in Business Accounting
Capital Structure in Business Accounting
Cash Accounting in Business Accounting
Cash Book in Business Accounting
Cash Equivalents in Business Accounting
Cash Flow in Business Accounting
Chart of Accounts in Business Accounting
Clearing House in Business Accounting
COGS (Cost of Goods Sold) in Business Accounting
Company Capital/Shares in Business Accounting
Company Final Accounts in Business Accounting
Contingent Liability in Business Accounting
Contribution Margin in Business Accounting
Corporate Banking in Business Accounting
Cost Accounting in Business Accounting
Cost of Goods Sold (COGS) in Business Accounting
Costing in Business Accounting
Credit in Business Accounting
D
Debit in Business Accounting
Debt Ratio in Business Accounting
Debt-to-Equity Ratio in Business Accounting
Deferral in Business Accounting
Dematerialisation in Business Accounting
Depletion in Business Accounting
Depository in Business Accounting
Depreciation in Business Accounting
Depreciation Expense in Business Accounting
Derivatives in Business Accounting
Direct Costs in Business Accounting
Direct Tax in Business Accounting
Direct Write-Off Method in Business Accounting
Discount Bond in Business Accounting
Discount Rate in Business Accounting
Dividend in Business Accounting
Dividend Yield in Business Accounting
Double-Entry Accounting in Business Accounting
Due Diligence in Business Accounting
E
Earnings Before Interest and Taxes (EBIT) in Business Accounting
Earnings Per Share (EPS) in Business Accounting
Economic Order Quantity (EOQ) in Business Accounting
Effective Interest Rate in Business Accounting
Electronic Banking in Business Accounting
Electronic Funds Transfer (EFT) in Business Accounting
Electronic Ledger in Business Accounting
Employee Benefits in Business Accounting
Employee Stock Option Plan (ESOP) in Business Accounting
Enterprise Value in Business Accounting
Equity in Business Accounting
Equity Method in Business Accounting
Ex-Dividend in Business Accounting
Expense in Business Accounting
F
FASB (Financial Accounting Standards Board) in Business Accounting
FICA (Federal Insurance Contributions Act) in Business Accounting
FIFO (First In, First Out) in Business Accounting
FIFO (First-In, First-Out) in Business Accounting
Finance Lease in Business Accounting
Financial Accounting in Business Accounting
Financial Instruments in Business Accounting
Financial Leverage in Business Accounting
Financial Market in Business Accounting
Financial Participants in Business Accounting
Financial Ratios in Business Accounting
Financial Statements in Business Accounting
Fiscal Year in Business Accounting
Fixed Asset in Business Accounting
Fixed Costs in Business Accounting
Flat Rate in Business Accounting
Fraud in Business Accounting
G
GAAP (Generally Accepted Accounting Principles) in Business Accounting
General Ledger in Business Accounting
Going Concern in Business Accounting
Goodwill in Business Accounting
Gross Margin in Business Accounting
Gross Pay in Business Accounting
Gross Profit in Business Accounting
Gross Profit Margin in Business Accounting
Growth Rate in Business Accounting
Growth Stock in Business Accounting
GST (Goods and Services Tax) in Business Accounting
GST Bill of Supply in Business Accounting
GST Compliance Rating in Business Accounting
GST Composition Scheme or Levy in Business Accounting
GST Exempt Supply in Business Accounting
GST Input Tax Credit (ITC) in Business Accounting
GST Invoicing in Business Accounting
GST Place of Supply in Business Accounting
GST Registration in Business Accounting
GST Return in Business Accounting
GST Supply in Business Accounting
GST Time of Supply in Business Accounting
GST Valuation in Business Accounting
GST Value of Supply in Business Accounting
GSTIN in Business Accounting
GSTIN Cancellation in Business Accounting
H
Hedging in Business Accounting
Historical Cost in Business Accounting
HSN Codes in Business Accounting
I
IGST in Business Accounting
Impairment in Business Accounting
Imprest system in Business Accounting
Income in Business Accounting
Income Statement in Business Accounting
Income Tax in Business Accounting
Income Tax Liability in Business Accounting
Indirect Tax in Business Accounting
Input Service Distributor (ISD) in Business Accounting
Intangible Asset in Business Accounting
Interest Expense in Business Accounting
Interim Financial Statements in Business Accounting
Internal Audit in Business Accounting
Internal Control in Business Accounting
Inventory in Business Accounting
Inventory Turnover in Business Accounting
Investors Protection in Business Accounting
Invoice in Business Accounting
Invoice Factoring in Business Accounting
J
Journal in Business Accounting
L
Ledger in Business Accounting
Leverage Ratio in Business Accounting
Liabilities in Business Accounting
Liability Insurance in Business Accounting
LIFO (Last-In, First-Out) in Business Accounting
Liquidation Value in Business Accounting
Liquidity in Business Accounting
Loan in Business Accounting
Loan Covenants in Business Accounting
Loans in Business Accounting
Long-Term Debt in Business Accounting
Long-Term Investments in Business Accounting
Loss in Business Accounting
Lower of Cost or Market (LCM) in Business Accounting
Lump Sum in Business Accounting
M
Managerial Accounting in Business Accounting
Margin of Safety in Business Accounting
Marginal Costing/ Break Even Analysis in Business Accounting
Mark-to-Market in Business Accounting
Markup in Business Accounting
Matching Principle in Business Accounting
Material / Inventory in Business Accounting
Materiality in Business Accounting
Maturity Date in Business Accounting
Merchandise Inventory in Business Accounting
MICR – Magnetic Ink Character Recognition in Business Accounting
Modified Accelerated Cost Recovery System (MACRS) in Business Accounting
more please in Business Accounting
Mortgage in Business Accounting
Mutual Fund in Business Accounting
Mutual Fund Expense Ratio in Business Accounting
Mutual Funds in Business Accounting
N
National Association of Securities Dealers Automated Quotations (NASDAQ) in Business Accounting
Net Income in Business Accounting
Net Present Value (NPV) in Business Accounting
Non-Cash Expense in Business Accounting
Non-current Asset in Business Accounting
Non-Operating Asset in Business Accounting
Non-Operating Income in Business Accounting
Non-Profit Accounting in Business Accounting
Non-Profit Organization in Business Accounting
Non-Recurring Item in Business Accounting
Notes Payable in Business Accounting
O
Operating Cycle in Business Accounting
Operating Expenses in Business Accounting
Operating Income in Business Accounting
Operating Lease in Business Accounting
Opportunity Cost in Business Accounting
Option in Business Accounting
Ordinary Income in Business Accounting
Out-of-Pocket Costs in Business Accounting
Overhead in Business Accounting
Overhead Allocation in Business Accounting
Overhead Costs in Business Accounting
Owner’s Equity in Business Accounting
P
Paid-in Capital in Business Accounting
Par Value in Business Accounting
Partnership in Business Accounting
Payable Turnover in Business Accounting
Payroll in Business Accounting
Payroll Taxes in Business Accounting
Permanent Account in Business Accounting
Perpetual Inventory System in Business Accounting
Petty Cash in Business Accounting
Petty Cash Book in Business Accounting
Petty Cash Fund in Business Accounting
Plastic Money in Business Accounting
please list more terms in Business Accounting
Point of Sale (POS) in Business Accounting
Portfolio Management in Business Accounting
Prepaid Expenses in Business Accounting
Price-to-Earnings (P/E) Ratio in Business Accounting
Profit and Loss Statement in Business Accounting
Property, Plant, and Equipment (PPE) in Business Accounting
Q
Qualified Dividend in Business Accounting
Quick Assets in Business Accounting
Quick Ratio in Business Accounting
Quote in Business Accounting
R
Ratio Analysis in Business Accounting
Real Estate Investment Trust (REIT) in Business Accounting
Realizable Value in Business Accounting
Recapture in Business Accounting
Receivables Turnover in Business Accounting
Rectification of Errors in Business Accounting
Recurring Revenue in Business Accounting
Reducing Balance Depreciation in Business Accounting
Rematerialisation in Business Accounting
Replacement Cost in Business Accounting
Residential Status of an entity in Business Accounting
Retained Earnings in Business Accounting
Retained Earnings Statement in Business Accounting
Return Filing on GSTN in Business Accounting
Return on Investment (ROI) in Business Accounting
Revenue in Business Accounting
Revenue Expenditure in Business Accounting
Revenue Receipts in Business Accounting
Reverse Charge in Business Accounting
Risk and Return in Business Accounting
S
Sales in Business Accounting
Salvage Value in Business Accounting
Secured Loan in Business Accounting
Securities and Exchange Commission (SEC) in Business Accounting
Security Market in Business Accounting
Share-Based Payment in Business Accounting
Shareholder in Business Accounting
Shares in Business Accounting
Short-Term Investments in Business Accounting
Sole Proprietorship in Business Accounting
Statement of Cash Flows in Business Accounting
Statement of Financial Position in Business Accounting
Stock Option in Business Accounting
Stockholder’s Equity in Business Accounting
Straight-Line Depreciation in Business Accounting
Subsidiary in Business Accounting
Subsidiary Books in Business Accounting
Suspense Account in Business Accounting
T
Tangible Asset in Business Accounting
Tax in Business Accounting
Tax Bracket in Business Accounting
Tax Credit in Business Accounting
Tax Deduction at Source (TDS) in Business Accounting
Tax Liability in Business Accounting
Taxable Event in Business Accounting
Taxable Income in Business Accounting
Telebanking/Telephone Banking in Business Accounting
Terminal Value in Business Accounting
Threshold Limits in Business Accounting
Time Value Money in Business Accounting
Total Income in Business Accounting
Trade Discount in Business Accounting
Trial Balance in Business Accounting
Turnover Ratio in Business Accounting
U
Unabsorbed Overhead in Business Accounting
Underwriter in Business Accounting
Unearned Income in Business Accounting
Unearned Revenue in Business Accounting
Uniform Commercial Code (UCC) in Business Accounting
Unit of Account in Business Accounting
Unrealized Gain or Loss in Business Accounting
Unsecured Bond in Business Accounting
Unsecured Debt in Business Accounting
Use Tax in Business Accounting
Usury in Business Accounting
V
Valuation in Business Accounting
Valuation Allowance in Business Accounting
Variable Cost Ratio in Business Accounting
Variable Costs in Business Accounting
Variable Interest Entity (VIE) in Business Accounting
Variance in Business Accounting
Variance Analysis in Business Accounting
Venture Capital in Business Accounting
Venture Capitalist in Business Accounting
Vertical Analysis in Business Accounting
Vertical Equity in Business Accounting
Volatility in Business Accounting
Voucher in Business Accounting
Vouching in Business Accounting
W
W-2 Form in Business Accounting
WACC (Weighted Average Cost of Capital) in Business Accounting
Warranty Expense in Business Accounting
Weighted Average Cost in Business Accounting
Withholding Tax in Business Accounting
Working Capital in Business Accounting
Working Capital Ratio in Business Accounting
Working Capital Turnover Ratio in Business Accounting
Write-Off in Business Accounting
