Accounting Definitions U - There are hundreds of accounting definitions, financial meanings and bookkeeping terms here in my accounting terms glossary.
Use this as an accounting resource to help improve your knowledge of bookkeeping terms starting with the Letter U.
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Accounting Definitions U:
Represents corporate costs that are not associated with providing a product or service for sale. The costs are not included in the calculation of COGS.
Available money that is credited to a temporary holding or suspense account, pending determination on the breakdown of how the money is supposed to be allocated.
Money that is received in advance of providing goods or services to a customer. It is shown as a liability on the balance sheet until you provide the goods or services.
Tax on the storing, using, consuming and sometimes distributing tangible personal property or providing a taxable service in the state where that event occurs.
Bookkeeping terms and accounting words starting with the letter U.
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