accounting system
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Noun | 1. | ![]() 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 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 |
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