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 system means the total structure of records and procedures used to record, to classify, to summarize, and to report on the financial position of a governmental entity or any of its funds, fund types, or organizational components.

Accounting system means the total structure of records and procedures which discover, record, classify, and report information on the financial position and operations of a governmental unit or any of its funds and organizational components.

Examples of Accounting system in a sentence

The Audit Committee of the Company acts as a supervisor to the Accounting system of the Company which it reports to the Board of Directors of the Company.
Note that this system is supposed to work only when the classic (Perl) TSI is deployed.Additionally to set up the whole UNICORE RUS Accounting, at least two additional compo- nents are needed to be installed (rus-service with a records database and rus-bssadapter that collects resource usage data from LRMS).Further information on the RUS Accounting system is available in its documentation.
Configu- ration of the rus-job-processor is available in this documentation too, in the respective section.Other components of the RUS Accounting system can be downloaded from the UNICORE Life project, files section.
The use of this flat rate is subject to three cumulative conditions : (i) Status of the organisation The flat rate is reserved to:- non-profit public bodies- secondary and higher education establishments- research organisations- SMEs (ii) Accounting system of the organisationThe flat rate is foreseen for the organisations which are unable to identify with certainty their real indirect costs for the project.
A purchase transaction is recorded in the shareholder's account by the Shareholder Accounting system.

More Definitions of Accounting system

Accounting system means the Petroleum Operations Accounting System prepared by CNPC and the Contractor through consultation pursuant to the Accounting Regulations of the People’s Republic of China for Enterprises with Foreign Investment, specifying the accounting titles to be used by the Operator and instructions for implementation, forms and contents of various accounting statements and their preparation methods, including a material classification section, a definition of Controllable Material, standards for itemizing assets and the provisions for fixed asset accounting.

Accounting system means the total structure of records and procedures

Accounting system means the CBM Operations Accounting System prepared by CUCBM and the Contractor through consultation pursuant to the Accounting Regulations of the People's Republic of China for Enterprises with Foreign Investment, specifying the accounting titles to be used by the Operator and instructions for implementation, forms and contents of various accounting statements and their preparation methods, including a material classification section, a definition of Controllable Material, standards for itemizing assets and the provisions for fixed asset accounting.

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 data in compliance with applicable laws, regulations, and management decisions.

Accounting system means the total structure of records and procedures which discover, record, classify, and report information on the financial position and operating results of the Judicial Department, or a segment of the Judicial Department, or any of its funds, balanced account groups, and organizational components."

Accounting system means the CBM Operations Accounting System prepared by CUCBM and the Contractor through consultations pursuant to the Accounting Regulations of the People's Republic of China for Enterprises with Foreign Investment, specifying the accounting titles to be used by the Operator and instructions for implementation, forms and contents of various accounting statements and their preparation methods, including a material classification section, a definition of Controllable Material, standards for itemizing assets and the provisions for fixed asset accounting. If there is a conflict between the Accounting System and this Accounting Procedure, then this Accounting Procedure shall prevail.

Accounting system means the accounting system identified in Item 2. App means a software application and associated order management system that, once the software application is downloaded by third parties from the App Store or Google Play, will allow them to place orders with You.