accounting system

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Related to Accounting software: QuickBooks
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.accounting system - a bookkeeper's chronological list of related debits and credits of a businessaccounting system - a bookkeeper's chronological list of related debits and credits of a business; forms part of a ledger of accounts
account book, book of account, ledger, leger, book - a record in which commercial accounts are recorded; "they got a subpoena to examine our books"
control account - an account that shows totals of amounts entered in a subsidiary ledger
accounting entry, ledger entry, entry - a written record of a commercial transaction
credit side - account of payments received; usually the right side of a financial statement
debit side - account of payments owed; usually the left side of a financial statement
accrual basis - a method of accounting in which each item is entered as it is earned or incurred regardless of when actual payments are received or made
cash basis - a method of accounting in which each item is entered as payments are received or made
pooling of interest - an accounting method used in the merging of companies; the balance sheets are added together item by item; this method is tax-free
audit, audited account - an inspection of the accounting procedures and records by a trained accountant or CPA
limited review, review - (accounting) a service (less exhaustive than an audit) that provides some assurance to interested parties as to the reliability of financial data
register - a book in which names and transactions are listed
References in periodicals archive ?
com)-- A comprehensive accounting software offers a multitude of benefits such as providing sales / tax invoicing and excise invoicing, cost estimates, customer information, billing, book keeping, credit management, financial statement, interest calculation, scenario management, multi-currency accounting, etc.
A primary decision recyclers have to make when choosing what kind of software is the best match for their particular operations is whether to use separate inventory, sales and accounting software or a combination package.
SMALL BUSINESS ACCOUNTING SOFTWARE is providing new client-service opportunities for CPA firms because clients need just as much help as ever, with basic installation and weekly bookkeeping to higher-value accounting, financial reporting and management consulting.
A recent XBRL Software Vendor Survey shows two-thirds of accounting software vendors have either already XBRL-enabled at least one of their accounting software packages or will do so by Dec.
Intuit (Japan) is a vendor of popular Japanese accounting software, Yayoi Kaikei, which has received the annual best accounting software award from search firm BCN for four straight years.
Nearly two-thirds of small business retailers have considered switching to a PC-based POS system, but several barriers have prevented them from making the transition - including cost, ease of set-up and use, lack of integration with their accounting software, and not knowing where to buy the systems(2).
com)-- Accounting software is used to record and process the accounting transactions.
For accountants, however, this rush by clients to buy their own accounting software created problems.
The basic tools that do these jobs constitute a unique class of accounting software designed to work in the international arena.

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