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Accounting Glossary

Accounting Terms and Definitions

Learn core accounting terms and definitions to help your small business get to the next level. Check out our accounting glossary, and find related articles and resources.

Accounting Glossary

Learn about the accounting terms that all small business owner needs

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Features that help you run your business

Invoicing
Invoicing

Create professional custom invoices, send payment reminders, and match payments to invoices, automatically.

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Expenses
Expenses

Be prepared for the Federal Tax Authority (FTA) with all your expenses organised in one place.

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Payroll
Bank Feeds

Save time and reduce errors when you connect your bank to get a full view of your finances.


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Payment
Inventory

Stay on top of your orders and quantities while managing your inventory in real-time.


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VAT
VAT

Easily organise expenses into tax categories and track VAT on income and expenses, so you know where you stand and how much you owe.

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Capture & organize receipts
Capture and organise receipts

Use your phone to take photos of receipts. Match them to bills to stay organised and ready for filing VAT returns with everything in one place.

Mobile App
Mobile App

Save time by running your business on-the go with your mobile device*.

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Insights and reports
Insights and reports

See how your business is doing, and make better decisions  with a range of customisable reports.

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Multi-currency support
Multi-currency support

Send invoices, record transactions and adjust reports in different currencies and assign specific currencies to each customer.


Security
Security

See how we always keep your information safe and compliant.

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Switch to QuickBooks
Switch to QuickBooks

Switching from Xero, Excel, and other solutions to QuickBooks Online is simple.


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