Accounting Definitions 501(c)(3) A Accountant Accounting Accounts Payable Accounts Receivable Accrual Accounting Accrual Basis ACH Adjusted Gross Income Aging Allowance for Doubtful Accounts Articles of Incorporation Assets Audit Audit Trail Back to Top B Backup Withholding Bad Debt Balance Balance Sheet Bankruptcy Bank Statement Bank Statement Reconciliation Basis Accounting Bookkeeping Bookkeeping Software Break-Even Budget Bylaws Back to Top C Cash Basis Cash Flow C Corporation Chart of Accounts Chapter 7 Bankruptcy Chapter 11 Bankruptcy Chapter 13 Bankruptcy Charitable Contributions Collections Collateral Cost of Goods Sold (COGS) Credit (Bookkeeping) Credit (Customer) Back to Top D Debit Depreciation Disposable Personal Income Disregarded Entity Double-Entry Bookkeeping Due Diligence Dun & Bradstreet (D&B) DUNS Number Back to Top E Earned Income EBIT (Earnings Before Interest and Tax) Employee Stock Ownership Plan (ESOP) EMV Chip Card E & O Insurance (Errors & Omissions Insurance) Equity Escrow Estimated Taxes Excise Tax Expenses Back to Top F Failure to Remit Payroll Taxes Fair Market Value FEIN Fiduciary Fiscal Year Form 1096 Form 1099-MISC Form W-9 Back to Top G GAAP General Ledger Gross Margin Gross Profit Back to Top H Hybrid Accounting Method Back to Top I Income Statement Incorporation Independent Contractor Information Return Intangible Assets Interest Internal Audit Inventory Invoice IPO (Initial Public Offering) Back to Top J Back to Top K Back to Top L Liabilities Liability Insurance Liquidation Limited Liability Company (LLC) Back to Top M Market Price Miscellaneous Income Mobile Payment Options Back to Top N Net Income Net Revenue Net Sales Net Worth Nexus Non-1099 Payments Non-employee Compensation Non-Qualified Deferred Compensation (NQDC) Plan Non-Sufficient Funds (NSF) Not-for-Profit NSF Check Back to Top O Overhead Back to Top P Petty Cash Private Letter Ruling Profit and Loss Statement Profit Margin Profit Sharing Back to Top Q Back to Top R Retained Earnings ROI Back to Top S S Corporation SIC Codes Self-Employment Tax Sole Proprietor Back to Top T Tangible Asset Tax Liability Tax Lien Tax Notice Trust Back to Top U Unclaimed Funds Back to Top V Value-Added Tax (VAT) Vendor Back to Top W W-4 Wholesale Working Capital Back to Top X Back to Top Y Year-to-Date Back to Top Z Back to Top