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Accounted for meaning in accounting
Accounted for meaning in accounting












Persons with signature authority for a unit or budget group.Īverage coach airfare. (Definition courtesy of Wachovia Wealth Management.)Īuthorized signer. A property or investment, such as real estate, stock, mutual fund, or equipment, that has monetary value that could be realized if sold. The University of Texas Automated Financial Report System, used to prepare parts of the Annual Financial Report (AFR).Īsset. Funds appropriated under the General Appropriations Act. Includes, but are not limited to, live or recorded performances, exhibitions, spectator sports, participatory sports, fairs, or carnivals.Īppropriated funds.

accounted for meaning in accounting

Entertainment, recreation, sport, or diversion that is an enjoyable occupation of the senses. It excludes Government material, special test equipment, special tooling, and facilities.Īmusement services. Government-owned personal property that is peculiar to the mission of one agency (e.g., military or space property).

accounted for meaning in accounting accounted for meaning in accounting

(Definition courtesy of the State Office of Risk Management.)Īgency-peculiar property. "I solemnly affirm and declare the foregoing to be a true statement." Note that an affidavit may appear in two forms: a sworn affidavit with oath, or an affirmed affidavit with affirmation. The act of affirming the truth of a document, not an oath. (Definition courtesy of the State Office of Risk Management.)Īffirmation. A voluntary declaration of facts, written down and sworn to or affirmed by the declarant ("affiant") before a Notary Public or other officer having the authority to administer an oath. The month end balance in your checkbook after outstanding deposits and checks have been accounted for.Īffidavit. (Definition courtesy of the State Office of Risk Management.)Īdjusted balance. Also, the certificate of the officer on such instrument indicating that the document has been so acknowledged. A formal declaration before an authorized official, such as a notary public, by someone who signs a document and confirms that the signature is authentic. An account has two titles: an official title set up by Accounting and Financial Management, and a departmental title.Īcknowledgment. Will not allow transactions of any kind.Īccount title. Will allow documents to process with service dates within the contract period. Will not allow transactions of any kind.Į - Expired. No service dates required.ĭ - Inactive/To be deleted. Will allow only journal vouchers (VJx documents) and cash receipt vouchers (VCx documents) to process. Will allow all transactions to be processed.Ĭ - Closed. Controls what types of transactions can be processed on an account:Ī - Active. Assigned at budget group or account level by accountants in Accounting and Financial Management. Accounts with status C, D, or I that have zero balances are not rolled over. Whether an account is rolled over is determined by its status.

accounted for meaning in accounting

A process by which account numbers are copied from one fiscal year into the upcoming fiscal year. The first two digits indicate account group the first eight digits indicate budget group and the last two digits indicate subaccount.Īccount roll over. A ten-digit number assigned to an account and used for recording accounting transactions. Classifies the source or purpose of funds.Īccount number. The first two digits of an account number. The agreement of a seller to transfer goods to a buyer for a particular price.Īccount group. The agreement of a buyer to an offer submitted by a seller.Īcceptance of order. A department reporting under a School or College and having a teaching curriculum.Īcceptance of offer. Non-residents of Texas pay resident tuition rates as part of the scholarship.Īcademic department. A scholarship awarded on the basis of academic performance as indicated by GPA, test scores, or other measurement.

#Accounted for meaning in accounting code#

Glossary of Business and Financial Terms | Accounting and Financial Management (AFM) retweet icon bullhorn icon reply icon info icon flickr icon tumblr icon vimeo icon reddit icon podcast icon angle-down icon angle-left icon angle-right icon angle-up icon ban icon hamburger icon book icon bookmark icon bug icon caret-down icon caret-left icon caret-right icon caret-up icon chain icon check icon check-circle icon chevron-down icon chevron-left icon chevron-right icon chevron-up icon circle icon circle-o icon clone icon close icon download-cloud icon code icon download icon ellipsis icon envelope icon warning icon external-link icon eye icon eye-slash icon facebook icon github icon google-plus icon heart icon heart-o icon home icon info-circle icon instagram icon linkedin icon lock icon medium icon minus-circle icon send icon pause-circle icon play-circle icon plus-circle icon question-circle icon quote-left icon quote-right icon rss-square icon search icon share-alt icon slack icon snapchat icon ticket icon twitter icon wheelchair icon youtube iconĪ B C D E F G H I J K L M N O P Q R S T U V W X Y ZĪcademic competitive scholarship.












Accounted for meaning in accounting