Accounting

Sales variance is the difference between precise sales and budget sales. It is used to measure the performance of an sales function or analyze business…

Pro forma accounting may be designed to indicate a proposed adjust, such as merger or purchase, or to highlight certain figures each time a company…

Adjusted Gross Income is a measure of income used to view how much of this income is taxable. Adjusted gross income (AGI) is worked out…

Gross Income is a person’s total personal earnings before taking taxes or deductions into consideration. Or a businesses revenue minus expense of goods marketed. Also…

The matching principle is about the basic underlying in accounting. The matching principle directs a business to report a cost on its income statement in…

Hedge Accounting is a method of sales where entries with the ownership of a security and also the opposing hedge are treated together. Hedge accounting…

Managerial Risk Accounting is concerned with the creation, dissemination and use of risk related information technology information to operators within organizations to be able to…

There are two main thrusts intended for Lean Accounting. First is the application of lean techniques to the company’s data processing, control, and description processes.…

General Ledger is a company’s main accounting records. A general ledger is usually a complete record associated with financial transactions above the life of a…

Job costing is an order-specific costing strategy, used in scenarios where each job differs and is performed to the customer’s specifications. Job costing involves keeping…

Document automation is the design of techniques and workflows that assist in the creation of electronic documents. Like for example , logic-based systems of which…

Invoice is a nonnegotiable commercial instrument issued by seller to a buyer. It identifies both trading parties as well as lists, describes, and quantifies the…