accounting system — ➔ system * * * accounting system UK US noun ACCOUNTING ► [C] a particular way in which a company or organization records and reports its financial information: »Your accounting system needs to be designed to track costs and monitor all company… … Financial and business terms
accounting system — The system designed to record the accounting transactions and events of a business and account for them in a way that complies with its policies and procedures. The basic elements of the accounting system are concerned with collecting, recording … Accounting dictionary
accounting system — noun a bookkeeper s chronological list of related debits and credits of a business; forms part of a ledger of accounts • Syn: ↑accounting, ↑method of accounting • Derivationally related forms: ↑account (for: ↑accounting) … Useful english dictionary
Accounting system — A method of recording accounting data for a utility or company or a method of supplying accounting information for controlling, evaluating, planning and decision making. U.S. Dept. of Energy, Energy Information Administration s Energy… … Energy terms
manual accounting system — An accounting system maintained by hand, using paper, rather than on a computer. Category: Business, LLCs & Corporations → Business Accounting, Bookkeeping & Finances Category: Business Cash Flow Problems & Bankruptcy Category: Business, LLCs &… … Law dictionary
Vehicle Management Accounting System — (VMAS) A cost accounting system that provides information on operating costs per vehicle, per mile, and per hour … Glossary of postal terms
Official Mail Accounting System — (OMAS) An automated system that provides for entry of data from postage statements for official mail used by federal agencies. The USPS bills the agencies according to OMAS data, and post offices get credit for the revenue. Agencies use data from … Glossary of postal terms
system — sys‧tem [ˈsɪstm] noun [countable] an arrangement or organization of ideas, methods, or ways of working: • Deregulation has created worries about the stability of the country s financial system. • All staff will benefit from a well run… … Financial and business terms
Accounting software — is application software that records and processes accounting transactions within functional modules such as accounts payable, accounts receivable, payroll, and trial balance. It functions as an accounting information system. It may be developed… … Wikipedia
accounting — /euh kown ting/, n. 1. the theory and system of setting up, maintaining, and auditing the books of a firm; art of analyzing the financial position and operating results of a business house from a study of its sales, purchases, overhead, etc.… … Universalium
Accounting information system — An accounting information system (AIS) is the system of records a business keeps to maintain its accounting system. This includes the purchase, sales, and other financial processes of the business. The purpose of an AIS is to accumulate data and… … Wikipedia