Glossary

Quick reference for the acronyms and accounting terms used across the dashboard.

Reports

MTD: Month-to-date — totals from the first of the current month through today.
YTD: Year-to-date — totals from the first of the fiscal year through today.
TB: Trial balance — every account with its debit / credit balance for a period.
P&L: Profit & Loss (income statement) — revenue minus expenses for a period.
BS: Balance sheet — assets / liabilities / equity at a point in time.
Aging: Open balances bucketed by how long they've been outstanding (current / 1-30 / 31-60 / 61-90 / 90+ days past due).

AR: Accounts receivable — money customers owe you for invoices you've issued.
AP: Accounts payable — money you owe vendors for bills you've received.
GL: General ledger — the master record of every posted journal entry.
JE: Journal entry — a balanced set of debit / credit lines posted to the ledger.
CoA: Chart of accounts — the structured list of accounts the entity uses (TDHP for TR, IFRS for international).
IC: Intercompany — transactions between two entities in the same group.
Open: Issued or invoiced but not yet paid in full.
Overdue: Past the due date and not yet paid.
Functional currency: The currency the entity primarily operates in (TRY for Turkish entities, GHS for Ghanaian, etc.).
Reporting currency: USD — the currency the group consolidated reports translate everything into.
FX: Foreign exchange — currency conversion between functional and reporting currencies.

SLA: Service-level agreement — the time limit before an approval escalates.
Informal payment: A cash expense flagged as informal — always requires CFO approval regardless of amount.