Accounting

General ledger, chart of accounts, fiscal calendar, cost and profit centers, budgets, revaluation, cutoff, intercompany, and fixed assets.
NameDescription
Asset class depreciation booksThe default depreciation method and useful life of one asset class on one depreciation book.
Asset classesA category of fixed assets that shares default ledger accounts and depreciation settings.
Budget linesA budget amount for one ledger account, fiscal period, and optional cost center.
BudgetsAn approved financial plan for one company, fiscal year, and scenario.
Cost center assignmentsA cost center assigned to an employee, department, work center, or fixed asset from a start date.
Cost center ratesAn hourly machine or labor rate, valid for a period, for one cost center.
Cost centersA department, project, or other unit used to track costs.
Currency revaluation positionsA foreign-currency monetary position included in a currency revaluation.
Currency revaluationsA period-end remeasurement of foreign-currency treasury balances and open receivable or payable items.
Depreciation booksA set of depreciation figures kept for one company by purpose: ledger, tax, or memo.
Fiscal period locksA block on posting in one fiscal period, set for the closing session or for one subledger.
Fiscal periodsA closing interval inside the fiscal year of one company.
Fiscal yearsA yearly accounting cycle of one company, divided into closing periods.
Fixed asset depreciation booksThe depreciation settings of one fixed asset on one depreciation book.
Fixed asset depreciationsA monthly depreciation charge for one fixed asset.
Fixed assetsA long-term asset that the company owns and depreciates.
Intercompany trading agreementsA trading agreement between two companies of one organization that sets transfer pricing and currency.
Intercompany reconciliationsA comparison of intercompany receivable and payable balances for one agreement at a cutoff date.
Intercompany transfer line itemsA line of an intercompany transfer with quantity, cost, and transfer amount in the agreement currency.
Intercompany transfersA transfer of value from a selling company to a buying company under an intercompany agreement.
Accounting journal entriesBalanced debits and credits that post one business event to the ledger.
Journal entry line itemsA line of a journal entry that debits or credits one ledger account.
Ledger account groupsA heading of the chart of accounts that groups the ledger accounts of one company.
Chart of accountsAn account of the chart of accounts that classifies the amounts posted to the ledger.
Profit center assignmentsA profit center assigned to a catalog family for one company from a start date.
Profit centersA business unit used to analyze revenue, costs, and profitability.
Revenue cut-off line itemsA sales order line of a revenue cut-off whose shipped and invoiced quantities differ at period end.
Revenue cut-offsA period-end adjustment that accrues shipped-not-invoiced revenue and defers invoiced-not-shipped revenue.