Accounting
General ledger, chart of accounts, fiscal calendar, cost and profit centers, budgets, revaluation, cutoff, intercompany, and fixed assets.
| Name | Description |
|---|---|
| Asset class depreciation books | The default depreciation method and useful life of one asset class on one depreciation book. |
| Asset classes | A category of fixed assets that shares default ledger accounts and depreciation settings. |
| Budget lines | A budget amount for one ledger account, fiscal period, and optional cost center. |
| Budgets | An approved financial plan for one company, fiscal year, and scenario. |
| Cost center assignments | A cost center assigned to an employee, department, work center, or fixed asset from a start date. |
| Cost center rates | An hourly machine or labor rate, valid for a period, for one cost center. |
| Cost centers | A department, project, or other unit used to track costs. |
| Currency revaluation positions | A foreign-currency monetary position included in a currency revaluation. |
| Currency revaluations | A period-end remeasurement of foreign-currency treasury balances and open receivable or payable items. |
| Depreciation books | A set of depreciation figures kept for one company by purpose: ledger, tax, or memo. |
| Fiscal period locks | A block on posting in one fiscal period, set for the closing session or for one subledger. |
| Fiscal periods | A closing interval inside the fiscal year of one company. |
| Fiscal years | A yearly accounting cycle of one company, divided into closing periods. |
| Fixed asset depreciation books | The depreciation settings of one fixed asset on one depreciation book. |
| Fixed asset depreciations | A monthly depreciation charge for one fixed asset. |
| Fixed assets | A long-term asset that the company owns and depreciates. |
| Intercompany trading agreements | A trading agreement between two companies of one organization that sets transfer pricing and currency. |
| Intercompany reconciliations | A comparison of intercompany receivable and payable balances for one agreement at a cutoff date. |
| Intercompany transfer line items | A line of an intercompany transfer with quantity, cost, and transfer amount in the agreement currency. |
| Intercompany transfers | A transfer of value from a selling company to a buying company under an intercompany agreement. |
| Accounting journal entries | Balanced debits and credits that post one business event to the ledger. |
| Journal entry line items | A line of a journal entry that debits or credits one ledger account. |
| Ledger account groups | A heading of the chart of accounts that groups the ledger accounts of one company. |
| Chart of accounts | An account of the chart of accounts that classifies the amounts posted to the ledger. |
| Profit center assignments | A profit center assigned to a catalog family for one company from a start date. |
| Profit centers | A business unit used to analyze revenue, costs, and profitability. |
| Revenue cut-off line items | A sales order line of a revenue cut-off whose shipped and invoiced quantities differ at period end. |
| Revenue cut-offs | A period-end adjustment that accrues shipped-not-invoiced revenue and defers invoiced-not-shipped revenue. |