Accounting Entry definition

Accounting Entry means a posting of transactions in the accounting records either to increase or decrease an asset or expense account whilst simultaneously effecting a corresponding decrease or increase to a liability or income account;
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Accounting Entry means a detailed entry record of each expenditure.
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Examples of Accounting Entry in a sentence

  • An Accounting Entry would be a combination of a single debit and a single credit or a set of debits and a set of credits, as may be appropriate.

  • After Lehman established its Repo 105 program in 2001, the firm published an internal Repo 105 Accounting Policy.2986 All Repo 105 transactions firm‐wide were required to comply with this policy.2987 2984 See Duff & Phelps, Repo 105 Balance Sheet Accounting Entry and Leverage Ratios Summary (Oct.

  • You can view the accounting entries for the deal-booking (EBOK) event through the Events Accounting Entry and Overrides screen.

  • You can associate event-wise accounting entries through The Event Accounting Entry and Advice definition of the Product Definition screen.

  • Contra entry means an Accounting Entry that is recorded on both the sides of a Cash Book, showing inflow and outflow of funds at the same time.

  • Bank reconciliation Accounting Entry Processing the expenditure or income i.e.posting the entries into the accountingsystem.

  • This will provide an up-to-date report on the status of each school board, college and regional planning team’s expenditures and student participation compared to the RPTs approved funding contract.

  • Pre-harmonization work was undertaken for the Accounting Entry, the TBG17 contribution and links with other standards development organizations.

  • This will display the Initiate Accounting Entry screen.6. The cursor will appear in the Entry Type field.

  • Select the appropriate radio button.• The default selection is Accounting Entry Document.

Related to Accounting Entry

  • Accounting Statement means for each financial year, the following statements, namely-

  • Accounting Event has the meaning set forth in the Supplemental Indenture.

  • Operating Entity means an entity that operates and controls a portion of the bulk transmission system with the goal of ensuring reliable energy interchange between generators, loads, and other operating entities.

  • Accounting system means the Contractor's system or systems for accounting methods, procedures, and controls established to gather, record, classify, analyze, summarize, interpret, and present accurate and timely financial data for reporting in compliance with applicable laws, regulations, and management decisions, and may include subsystems for specific areas such as indirect and other direct costs, compensation, billing, labor, and general information technology.

  • Accounting Date means the thirtieth day of June in each year and any interim date on which the financial statements of the Trust are drawn up. Provided that the Management Company may, with the written consent of the Trustee and after obtaining approval from the Commission and the Commissioner of Income Tax may change such date to any other date and such change shall be intimated to the Commission.

  • Operating Entities means, from time to time, the Persons in which the Holding Entities, directly or indirectly, hold interests and that (i) directly hold real estate assets, or (ii) indirectly hold real estate assets but all of the interests of which are not held, directly or indirectly, by the Holding Entities, other than, in the case of each of (i) and (ii), any Person in which the Holding Entities, directly or indirectly, hold interests for investment purposes only of less than 5% of the outstanding equity securities of that Person;

  • Accounting Year means the financial year commencing from the first day of April of any calendar year and ending on the thirty-first day of March of the next calendar year;

  • Reporting Entity means the Constituent Entity that, by virtue of domestic law in its jurisdiction of tax residence, files the CbC Report in its capacity to do so on behalf of the MNE Group;

  • Implementing Entity means the [Implementing Entity] that is the party to this Agreement and the recipient of the Grant;

  • Operating Envelope means the limits on the Company's approved operations set out in Conditions 2.3 to 2.7 of this

  • Agreement Accounting Principles means generally accepted accounting principles as in effect from time to time, applied in a manner consistent with those used in preparing the financial statements referred to in Section 5.5.

  • Constructing Entity means either the Transmission Owner or the New Services Customer, depending on which entity has the construction responsibility pursuant to Tariff, Part VI and the applicable Construction Service Agreement; this term shall also be used to refer to an Interconnection Customer with respect to the construction of the Customer Interconnection Facilities. Construction Party:

  • Accounting means activities providing information, usually quantitative and often expressed in monetary units, for:

  • Accounting Procedure means the principles and procedures of accounting set out in Appendix C.

  • Operating Statement shall have the meaning set forth in Section 27.1 hereof.

  • Taxing entity means any county, city, town, school district, special taxing

  • Accounting Records means the general ledger and subsidiary ledgers and supporting schedules which support the general ledger balances.

  • Accounting Periods means each month.

  • Project Implementing Entity means a legal entity (other than the Recipient or the Guarantor): (a) that is responsible for implementing all or a part of the Project; and (b) which is a party to the Project Agreement. If the Bank enters into a Project Agreement with more than one such entity, “Project Implementing Entity” refers separately to each such entity.

  • Converting entity means the domestic entity that approves a plan of conversion pursuant to Section 33‑43‑1143 or the foreign entity that approves a conversion pursuant to the law of its jurisdiction of formation.

  • International Accounting Standards means International Accounting Standards (IAS), International Financial Reporting Standards (IFRS) and related Interpretations (SIC-IFRIC interpretations), subsequent amendments to those standards and related interpretations, and future standards and related interpretations issued or adopted by the International Accounting Standards Board (IASB);

  • holding entity means a person that is controlled by an individual;

  • Accounting Authority means the Board of PRASA;

  • Monthly Financial Statements is defined in Section 6.2(c).

  • Registered Public Accounting Firm has the meaning specified in the Securities Laws and shall be independent of the Borrower as prescribed by the Securities Laws.

  • Subscription Accounting means an accounting of all subscriptions for Shares received and accepted by Broker as of the date of such accounting, indicating for each subscription the Subscriber’s name, social security number and address, the number and total purchase price of subscribed Securities, the date of receipt by Broker of the Cash Investment Instrument, and notations of any nonpayment of the Cash Investment Instrument submitted with such subscription, any withdrawal of such subscription by the Subscriber, any rejection of such subscription by Broker, or other termination, for whatever reason, of such subscription.