Accrual accounting is the GAAP-preferred practice of recording all revenues and expenses when they occur, even if payment has not yet been sent or received. In business, all financial transactions ...

ChartFields are individual valid values (e.g. Fund) used in unique combinations called Chart Strings (e.g. Fund + Department , Fund + Department + Project ID + Activity ID) to capture data for ...

The drawing up of accounts which obey the letter of the law and accounting body rules but which involve the manipulation of accounts to show the most favourable profit and balance sheet.