• In bookkeeping, accounting, and financial accounting, net sales are operating revenues earned by a company for selling its products or rendering its services...
    6 KB (700 words) - 08:18, 22 August 2024
  • Thumbnail for Cost accounting
    Cost accounting provides the detailed cost information that management needs to control current operations and plan for the future. Cost accounting information...
    26 KB (3,417 words) - 09:45, 28 July 2024
  • Thumbnail for Sales
    transaction Personal selling Sales (accounting) Sales contest Sales effectiveness Sales incentive plan Sales territory Sales variance Trade Vendor Business...
    27 KB (3,333 words) - 02:04, 12 August 2024
  • Thumbnail for Revenue
    Revenue (redirect from Sales revenue)
    standard accounting practice or the rules established by a government or government agency. Two common accounting methods, cash basis accounting and accrual...
    12 KB (1,471 words) - 11:03, 26 September 2024
  • A sales journal is a specialized accounting journal and it is also a prime entry book used in an accounting system to keep track of the sales of items...
    1 KB (177 words) - 19:50, 28 June 2023
  • Thumbnail for Debits and credits
    whether to debit or credit a specific account, we use either the accounting equation approach (based on five accounting rules), or the classical approach...
    40 KB (5,008 words) - 09:20, 12 July 2024
  • Thumbnail for Management accounting
    In management accounting or managerial accounting, managers use accounting information in decision-making and to assist in the management and performance...
    29 KB (3,203 words) - 10:52, 2 July 2024
  • Thumbnail for Record sales
    century. The collapse of record sales also made artists rely on touring for most of their income. By 2019, record sales accounted for less than half of global...
    25 KB (2,047 words) - 17:16, 25 June 2024
  • Thumbnail for Accounting
    several fields including financial accounting, management accounting, tax accounting and cost accounting. Financial accounting focuses on the reporting of an...
    52 KB (4,867 words) - 21:16, 1 October 2024
  • Thumbnail for Account (bookkeeping)
    called accounting. Practitioners of accounting are called accountants. An account may be classified as real, personal or as a nominal account. Example:...
    5 KB (456 words) - 13:19, 21 September 2024
  • Thumbnail for Net income
    Net income (category Accounting terminology)
    business and accounting, net income (also total comprehensive income, net earnings, net profit, bottom line, sales profit, or credit sales) is an entity's...
    8 KB (1,122 words) - 20:27, 29 August 2024
  • Thumbnail for Accounting software
    supporting basic accounting operations to performing real-time accounting and supporting financial processing and reporting. Cloud accounting software was...
    13 KB (1,663 words) - 18:36, 25 August 2024
  • profitability of ventures after accounting for all costs. Return on sales (ROS) is net profit as a percentage of sales revenue. ROS is an indicator of...
    7 KB (837 words) - 14:00, 10 August 2024
  • Thumbnail for Throughput accounting
    and services which are deducted from sales to determine Throughput. Throughput Accounting is a management accounting technique used as the performance measure...
    14 KB (1,744 words) - 19:25, 9 June 2024
  • Look up sales in Wiktionary, the free dictionary. Sales are the activities involved in selling products or services. See also Sales (accounting), operating...
    926 bytes (159 words) - 18:56, 18 December 2022
  • Thumbnail for Financial accounting
    Financial accounting is a branch of accounting concerned with the summary, analysis and reporting of financial transactions related to a business. This...
    22 KB (2,729 words) - 09:29, 11 September 2024
  • Thumbnail for Profit (accounting)
    Profit, in accounting, is an income distributed to the owner in a profitable market production process (business). Profit is a measure of profitability...
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  • Thumbnail for Bookkeeping
    initiate or complete over an accounting period. Accounting Comparison of accounting software POS system: records sales and updates stock levels Bookkeeping...
    16 KB (2,148 words) - 20:41, 12 September 2024
  • Thumbnail for Enterprise resource planning
    share data across various departments (manufacturing, purchasing, sales, accounting, etc.) that provide the data. ERP facilitates information flow between...
    72 KB (8,518 words) - 10:02, 25 September 2024
  • Accounts Golden Rules of Accounting Experience of Working Knowledge on debit and credit transactions of accounting There are three types of accounts in...
    3 KB (363 words) - 21:09, 5 September 2024
  • An account manager (AM) is a person who works for a company and is responsible for the management of sales and relationships with particular customers...
    9 KB (1,038 words) - 08:19, 14 September 2024
  • company's investments, or other accounting charges, such as adjusting the current balance sheet to fix faulty accounting practices in previous years. There...
    17 KB (2,064 words) - 21:51, 27 August 2024
  • sale Retailing Sales (accounting) Sales incentive plan Sales management Sales process engineering Sales promotion Sales territory Sales variance Selling...
    6 KB (721 words) - 14:03, 2 July 2023
  • Sales variance is the difference between actual sales and budgeted sales. It is used to measure the performance of a sales function, and/or analyze business...
    2 KB (216 words) - 04:29, 19 September 2024
  • Thumbnail for Cost of goods sold
    U.S. Financial Accounting Standards Board (FASB) Accounting Standards Codification ASC 330-10-30-1[dead link]; International Accounting Standards IAS 2...
    19 KB (2,776 words) - 00:48, 14 June 2024
  • Thumbnail for Accounts receivable
    within an agreed time frame. Accounts receivable is shown in a balance sheet as an asset. It is one of a series of accounting transactions dealing with the...
    9 KB (1,242 words) - 07:33, 14 June 2024
  • Thumbnail for Accounting scandals
    significant judgments and accounting estimates are involved. Turnover in accounting personnel or other deficiencies in accounting and information processes...
    76 KB (5,375 words) - 19:51, 26 September 2024
  • Thumbnail for FIFO and LIFO accounting
    FIFO and LIFO accounting are methods used in managing inventory and financial matters involving the amount of money a company has to have tied up within...
    7 KB (798 words) - 02:56, 13 September 2024
  • Thumbnail for Sales taxes in the United States
    goods are taxed, many services (e.g., repair, haircuts, accounting) are not. Maryland's sales tax includes Internet purchases and other mail items such...
    171 KB (19,855 words) - 14:59, 19 September 2024
  • days sales outstanding (also called DSO and days receivables) is a calculation used by a company to estimate the size of their outstanding accounts receivable...
    6 KB (827 words) - 12:23, 23 November 2022