Glossary Terms: G

Showing 10 terms starting with 'G'

Primary accounting record containing all journal entries.

Accounting assumption that a business will continue operating.

Document confirming receipt of goods from a supplier.

Financial support from government to encourage specific activities.

Statutory benefit paid to employees on long service tenure.

Percentage of revenue remaining after deducting cost of goods sold.

Total revenue earned before deductions.

Goods and Services Tax applied on supply of goods and services in India.

GST return for reporting outward supplies.

Summary GST return used to declare tax liability and ITC.

Need Help Understanding These Terms?

Our experts are ready to explain and assist you