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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.

Learn about the accounting terms that all small business owner needs

Kk

Qq

Uu

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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

Get set for tax time with all your expenses organised in one place.

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Bank Feeds
Bank Feeds

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

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GST & VAT
GST & VAT

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

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Inventory
Inventory

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

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Capture & organize receipts
Capture & organize receipts

Use your phone to take photos of receipts. Match them to bills to stay organized and ready for tax season 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 how it could look in the next 90 days, with a range of popular reports and the cash flow planner.

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Multi-currency support
Multi-currency support

Send invoices, record transactions and adjust reports in different currencies and assign currencies to different customers

Security
Security

See how we keep your information safe and compliant at all times.

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Switch to QuickBooks
Switch to QuickBooks

Switch from Xero, Excel, MYOB or Reckon Desktop to QuickBooks Online. 

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