accounting

(Wex page)

The 12-month period over which a company reports its spending and income. It is measured by the first day of the month through the last day of the twelfth month.

(Wex page)

Where double-entry bookkeeping entries are first recorded as they occur in time. It serves as an aid for transferring the entries later to official accounting records.

(Wex page)

The formal and main accounting ledger of a company which contains all of the business' financial accounts and statements.