Accounting Definitions U

Bookkeeping Terms Starting With Letter U

Accounting Definitions U - There are hundreds of accounting definitions, financial meanings and bookkeeping terms here in my accounting terms glossary.

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Accounting Definitions U
Bookkeeping Terms Starting With The Letter U

Accounting Definitions U:

Unallocated Costs:

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.

Unapplied Funds:

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.

Unearned Revenue:

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.

Use Tax:

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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