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Accrued Dictionary

Receipts

By PRETTY BOOKS ON August 27, 2020
Metaphorical definitions of complex accounting terms.

The accounting language is filled with highly technical words and phrases that describe the highly technical job functions of an accountant. The ACCRUED DICTIONARY is a collection of common terms accountants use broken down into easy-to-understand metaphors, jokes, and whimsy. The dictionary cuts through the technical jargon and gives you a metaphorical perspective at what these words mean

Receipts

Noun. [ri-seets]
  1. Accrued Dictionary definition: Magical proofs-of-purchase that hide in cracks and crevices across all dimensions and worlds, and sometimes even in our own world. Receipts are invaluable to accountants, who can be found hunting for them in shoe boxes, email accounts, and pockets. Due to their widespread hiding places and magical camouflaging properties, only those who also wield magic are successful in finding them across time, through space, and into other dimensions.

     // “I put the receipt in my coat pocket, but by the time I got home it had mysteriously disappeared.”

  1. Textbook definition: Written proofs of purchase of having received an agreed upon amount of money, goods, services, etc. that can be physical or digital, but should be kept organized because they’re important throughout the year.

     // “Save this receipt, you’ll need it for employee reimbursement, bookkeeping, and taxes in the future.”

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The information provided in this post is for general informational and educational purposes only and is not a substitute for professional advice. Consult your financial, business, or tax advisor with respect to matters referenced in this post. Pretty Books assumes no liability for actions taken in reliance upon this information.

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