Account—a record of financial transactions, usually refers to a specific category or type, such as travel expense account or purchase account.
Accountant—a person who is trained to prepare and maintain financial records.
Accounting—a system for keeping score in business.
Accounting period—the period of time over which profits are calculated. Normal accounting periods are months, quarters, and years (fiscal or calendar).
Accounts payable—amounts owed by the company for the goods or services it has purchased from outside suppliers.
Accounts receivable—amounts owed to the company by its customers.
Accrual basis, system, or method—an accounting system that records revenues and expenses at the time the transaction occurs, not at the time ...
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