Accounting Glossary
Definitions, deadlines and processes of digital accounting, explained factually for accountants and finance teams.
310 terms
A
Audit-proof archivingAdvance VAT ReturnAccounts PayableApproval WorkflowAccount AssignmentAP Automation RateAP Automation ROIAI Invoice RecognitionAutomated Account AssignmentAI Agent in AccountingAP AutomationAdvance PaymentAccount ReconciliationAccrual and DeferralAgency Rules for VATAutonomous AccountingAutomatic bank reconciliationAutomated Master Data MatchingAutomated document handoverAutomated Plausibility CheckAccounting Workflow AutomationAnnual VAT ReturnAudit logging requirementAccrual-Basis VAT AccountingApproval Cycle TimeAccounts Payable Aging ReportAP Process Cost RatioAsset and Liability AccountsAccounting DocumentAccount GroupAccount ClassAnnual Financial StatementsAccounts ReceivableAssets and LiabilitiesAccounting
B
C
Cost per InvoiceChart of AccountsContra AccountCost CenterCost ObjectCommercial Credit NoteCoding SuggestionConsolidated InvoiceCSV ImportContinuous Transaction ControlsCommercial law retention obligationCash-Basis VAT AccountingCoding Accuracy RateCost per InvoiceCash Conversion CycleCompany CodeCost Type AccountingCost Center AccountingCost Center AllocationCost object accountingClient master dataChart of AccountsCash-Basis Accounting (EÜR)Cash BookClearing Account
D
Document CaptureDPO (Days Payable Outstanding)Duplicate CheckDATEV IntegrationDATEV RechnungsdatenserviceDocument FlowDuplicate InvoiceDunning Managementdirect Media ProcessingDATEV document image serviceDATEV BelegtransferDATEV booking data serviceDATEV Unternehmen onlineDATEV CSV exportDATEV formatDATEVconnect onlineDMS IntegrationDocument ClassificationData ExtractionDATEV interface certificationData Access Z1Data Access Z2Data Access Z3Digital reporting requirementsData deletion policyDuplicate Payment RateData Capture AccuracyDebit and CreditDouble-Entry BookkeepingDepreciation (AfA)Debtor (Accounts Receivable)
E
E-InvoiceE-Invoicing MandateEarly Payment DiscountEarly Payment Discount Utilization RateError RateERP InterfaceException HandlingEscalation LevelEmail Ingestion InterfaceE-Invoice Inbound ChannelE-Invoice Format DetectionExtraction AccuracyEN 16931Electronic invoice archivingE-Invoice Validation CheckEC Sales ListEDI (Electronic Data Interchange)Exception RateEarly Payment Discount Capture Rate
F
G
GoBDGDPR in AccountingGoods ReceiptGroup AccountingGeneral Ledger AccountGoods Receipt PostingGL Coding LogicGoBD Principle of TraceabilityGoBD Principle of ImmutabilityGoBD-Compliant ArchivingGoBD Principle of CompletenessGroup-Wide ReportingGL Account DeterminationGeneral Ledger Chart of AccountsGroup chart of accountsGDPdUGeneral Ledger
I
Input Tax DeductionInternal Control SystemIncoming InvoiceInvoice ProcessingInvoice VerificationInvoice ApprovalIntercompanyIncoming Invoice RegisterInvoice Cycle TimeInvoice VolumeInvoice ExceptionInvoice Intake ChannelsInvoice Receipt ProcessInvoice Exception ResolutionInvoice Receipt PortalInvoice CorrectionInvoice Line ItemIntelligent Document Processing (IDP)Invoice ClassificationIDocIntegration PlatformInterface MonitoringIDW PS 880 GoBD Software AttestationIntra-Community SupplyIntra-Community AcquisitionImage-based invoiceImport VATInternal Control Procedure (Invoicing)Invoice Format ValidationInvoices per FTEInvoice Processing ThroughputInvoice Aging StructureInvoice BacklogIncome Statement AccountIBAN ValidationIndustry Chart of Accounts (IKR)Internal OrderInventory (Asset Register)Input Tax (Input VAT)Invoicing
J
L
M
N
O
P
PeppolProcess DocumentationPurchase OrderPurchase RequisitionPre-Account AssignmentPayment RunPayment AdvicePosting KeyPO ReferencePrice VariancePurchase-to-PayPayment ReleasePayment BlockPayment Proposal ListPayment Due DatePartial InvoicePosting BatchPro Forma InvoicePayment TransactionsPosting ExportPrinciples of Proper Bookkeeping (GoB)Peppol BIS BillingPeppol NetworkPermanent deadline extensionProof of arrival confirmationPlace of Supply (VAT)Peppol Access PointPayment Term MonitoringPayment TermsProfit centerProfit and Loss StatementProvision (Accounting)Physical InventoryPayment Reminder
Q
R
S
Segregation of DutiesStraight-Through ProcessingSupplier Master DataSKR03 and SKR04Substantive Invoice CheckSelf-BillingService EntrySupplier PortalSEPA Credit TransferSAP S/4HANA IntegrationSAP InterfaceSelf-Learning GL CodingStructured Electronic InvoiceSource Document FunctionStatutory Bookkeeping ObligationSmall Business VAT ExemptionSubstantive invoice verificationSEPA Payment FileSKR49Statute of Limitations in Tax LawSubsidiary LedgerSelf-Generated Receipt
T
U
V
W
X
Z