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  • Invoices
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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

Ready to run your business better with QuickBooks Online

We've got a plan for your business

Simple Start
Budget-friendly for new micro businesses and self-employed
US$18
US$1/MONTH
Save $17 for 3 months*
Essentials
Value for money for your growing business
US$27
US$1/MONTH
Save $26 for 3 months*
Plus
All you need for established businesses to thrive
US$38
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Save $37 for 3 months*

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 ready for tax time with all your expenses organized 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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VAT
VAT

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

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Capture & organize receipts
Capture & organize receipts
Use your phone to take photos of receipts. Match them to bills to remain organized and prepared for tax season, with everything in one place.
Payment
Inventory

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


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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, quickly 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

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

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See what QuickBooks can do for your business.