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

  • 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.

  • 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.

  • 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.

  • If the check is successful, the Accounting Entry sub process is started, which applies the accounting entry and calculates a fee for it.

  • Journalized validated accounting entries are definitely irreversible.The Accounting Entry standard is valid for financial accounting, cost accounting, provisional or budgetary accounting, and more generally for any kind of various and numerous analytical accounting processes.The business document consists of a set of Business Information Entities (BIE), which are preferably taken from libraries of reusable business information entities.

  • The Ledger standard is useable by entities from both public and private sectors.The business document consists of a set of Business Information Entities (BIE), which are preferably taken from libraries of reusable business information entities, in particular those of the Accounting Entry standard.

  • A field, required for FLAIR processing, containing data entered by an Approver, and validated against Accounting Data Elements provided in the FLAIR Data Validation File, that must be stored in a database and transmitted in the Payment Settlement file as part of an Accounting Entry.

Related to Accounting Entry

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

  • Accounting Event means the receipt by the Issuer of an opinion of an Authorized Public Accountant in Finland (reputable and experienced in such matters) to the effect that, as a result of a change in the applicable accounting standards or interpretation thereof, the equity treatment of the Capital Notes as “equity” in full in the Issuer’s consolidated financial statements has or will cease.

  • 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, with respect to any Collection Period the last day of such Collection Period.

  • 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 that used in preparing the financial statements referred to in Section 5.4.

  • 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.

  • 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 a public entity that:

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

  • 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 the accounting standards approved by the International Accounting Standards Board from time to time.

  • 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.

  • Self Audit Certificate means the certificate in the form as set out in Framework Schedule 9 (Self Audit Certificate) to be provided to the Authority in accordance with Clause 17.3 (Records and Audit Access);