1099 Form
A 1099 form is a U.S. tax document used to report payments made to independent contractors and other non-employee payees.
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The Accountant's Dictionary
Search structured definitions, practical explanations, and related business terms for HR, payroll, accounting, finance, and operational control.
Search the Eprecus ERP The Accountant's Dictionary
The Eprecus ERP dictionary is built for finance teams, HR managers, payroll administrators, operations leads, and business owners who need clear definitions they can apply inside real workflows. Use this glossary to understand payroll terminology, accounting definitions, HR metrics, and enterprise software concepts without vague textbook language.
Each entry is written to support practical ERP work, including reporting, approvals, payroll review, compliance conversations, reconciliation, workforce planning, and process design. If you need deeper examples, continue into the Eprecus ERP blog or review the platform overview.
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6
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Showing 6 result(s) for "financial-statements".
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Absence from Duty without Prior Approval
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Absenteeism Rate
Absenteeism rate measures the percentage of scheduled work time employees miss over a defined period.
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Filtered by search term 'financial-statements'
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B
Balance Sheet
A balance sheet is the financial statement that shows the business's assets, liabilities, and equity at a specific point in time.
The Accountant's Dictionary
• accounting, finance, financial-statements
C
Cash Flow Statement
A cash flow statement is the financial statement that shows how cash moved through operating, investing, and financing activities during the period.
The Accountant's Dictionary
• accounting, finance, financial-statements
I
income statement
An income statement is the financial statement that reports revenue, expenses, and profit or loss for a reporting period.
The Accountant's Dictionary
• accounting, finance, financial-statements
N
net income
Net income is the profit remaining after all operating costs, financing costs, taxes, and other recognized expenses have been deducted from revenue.
The Accountant's Dictionary
• accounting, finance, profitability
R
retained earnings
Retained earnings are the cumulative profits of the business that have been kept in the company rather than distributed to owners.
The Accountant's Dictionary
• accounting, finance, equity
S
statement of cash flows
The statement of cash flows is the formal report showing cash movement from operating, investing, and financing activities.
The Accountant's Dictionary
• accounting, finance, financial-statements