Pocket Invoice Glossary

Business terms, explained clearly.

65 practical definitions

Plain-language definitions of 65 invoicing, payment, accounting and small-business terms, with practical recordkeeping context.

A–Z glossary

Find the term you need.

Accounts payable Accounts receivable Accrued expense Amortization Asset Balance sheet Bank reconciliation Billing address Billing cycle Cash flow Cash-on-cash return Chargeback Chart of accounts Cost of goods sold (COGS)Collection letter Commercial invoice Days sales outstanding (DSO)Digital invoice Discounted cash flow (DCF)Double-entry accounting Dunning Electronic invoice EBITDA Economic nexus Electronic funds transfer (EFT)Electronic payment Excise tax FIFO Finance charge Fixed assets General ledger Gross margin Income statement Interest rate Invoice number Labor cost Lien waiver Lockbox service Material cost Merchant account Milestone billing Net 30 Net 60 Net 90 Operating cash flow Overhead costs Payment gateway Payment portal Payment terms Per diem Point of sale (POS)PO number Pro forma invoice Progress billing Receipt Receivables turnover ratio Recurring invoice Remit-to address Resale certificate Sales order Sales tax exemption Self-billing SWIFT code Trailing invoice VAT number