An account number is a unique identifier assigned to each customer, supplier, lender, or other entity to facilitate the tracking and management of transactions and activities associated with that entity. These account numbers can be coded in various ways and often contain relevant information about the associated entity.
A number assigned to each job where job costing is in operation; it enables the costs to be charged to this number so that all the individual costs for a job can be collected.
Matrix Accounting employs a matrix, an array of figures arranged in rows or columns, to record accounting transactions and events, offering an alternative to traditional T accounts for financial tracking and analysis.
The stock record is an essential element in an inventory control system, documenting the movements in items of stock. This record can encompass entries in the stock ledger, which tracks stock movements in both quantities and values, or on bin cards, which focus on quantities alone.
