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Sunday, September 13, 2009

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Definitions of accounting system on the Web

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•accounting: a bookkeeper's chronological list of related debits and credits of a business; forms part of a ledger of accounts
wordnetweb.princeton.edu/perl/webwn

•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. ...
en.wikipedia.org/wiki/Accounting_System

•the total set of records that are used to record, classify, and report information on the financial status and operation of an entity.
www.cityofflint.com/BudgetMgt/bgtGlossary.asp

•The set of manual and computerized procedures and controls that provide for identifying relevant transactions or events; preparing accurate source documents, entering data into the accounting records accurately, processing transactions accurately, updating master files properly, and generating ...
www.berenson.com/glossary.html

•A system for collecting, recording, processing, and reporting all financially related transactions. Two common systems are cash accounting and ...
erc.msh.org/staticpages_printerfriendly/2.2.3_gmt_English_.htm

•A formal procedure that helps an accountant identify the financial performance of an entity, and estimate the amount owing to it and by it, at the end of a defined period of time.
wps.pearsoned.co.uk/wps/media/objects/1065/1090612/glossary.html

•Methods, procedures and standards followed in accumulating, classifying, recording and reporting economic events and transactions.
basiccollegeaccounting.com/glossaryaccounting-dictionary-alphabet-a/
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