Search results
Results From The WOW.Com Content Network
BAU – Business as usual; BEP – Break-even point; BI – Business intelligence; BIC – Bank identifier code; bldg. – Building BLS – Balance sheet; BOM – Bill of materials; BPO – Business process outsourcing
The supplier allows the purchase to be made on credit or on account, meaning no cash is exchanged at the time of the transaction. In this case, $1,000 is recorded in accounts payable as a ...
Accounts payable personnel must watch for fraudulent invoices. In the absence of a purchase order system, the first line of defense is the approving manager. However, AP staff should become familiar with a few common problems, such as " Yellow Pages " ripoffs in which fraudulent operators offer to place an advertisement.
Liability accounts are used to recognize liabilities. A liability is a present obligation of an entity to transfer an economic benefit (CF E37). Common examples of liability accounts include accounts payable, deferred revenue, bank loans, bonds payable and lease obligations. Equity accounts are used to recognize ownership equity. The terms ...
In bookkeeping, a general ledger is a bookkeeping ledger in which accounting data are posted from journals and aggregated from subledgers, such as accounts payable, accounts receivable, cash management, fixed assets, purchasing and projects. [1] A general ledger may be maintained on paper, on a computer, or in the cloud. [2]
Download as PDF; Printable version; In other projects Wikidata item; Appearance. move to sidebar hide. Help. Pages in category "Accounts payable" The following 8 ...
Lists of acronyms contain acronyms, a type of abbreviation formed from the initial components of the words of a longer name or phrase. They are organized alphabetically and by field. They are organized alphabetically and by field.
An acronym is a type of abbreviation that shortens a phrase by combining the first letter (or letters) of each word in the phrase to form a new pronounceable word. Here are some acronym examples: