General accounting

General accounting

Use this category for general accounting terms.

Industry: Accounting

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General accounting

deferred revenue

Accounting; General accounting

Advance payments or unearned revenue, recorded on the recipient's balance sheet as a liability, until the services have been rendered or products have been delivered.

Promissory note from a borrower to a lender, with a specific due date or payable whenever lender demands repayment. In contrast to a mortgage loan, a demand note does not require a show-cause notice ...

demand-backward pricing

Accounting; General accounting

Method in which costs are deducted from what consumers are willing to pay, to see if an adequate profit margin is possible.

demand-based pricing

Accounting; General accounting

Method in which consumer response to various price points in a range of prices is analyzed to arrive at the highest acceptable price. Also called value oriented pricing.

demand-oriented pricing

Accounting; General accounting

Method in which price of a product is changed according to its demand higher price when the demand is strong, lower price when it is weak.

dematerialization

Accounting; General accounting

If a company recorded only paper transactions and then decides to utilize a more efficient method, like a computer tracking system. This often happens when a new business starts out with paper and ...