This glossary is for translating some word in accounting
Asset
noun
Something valuable that a company owns and uses to run its business.
Example: The company’s assets include buildings, vehicles, and cash.
fr: Actif
Balance Sheet
noun
A balance sheet is a financial report that shows what a company owns (assets), what it owes (liabilities), and the value that belongs to the owners (equity) at a specific date.
Example: The balance sheet showed that the company had more assets than liabilities.
fr: Bilan
Bank
noun
A place where money is stored and managed.
Example: The company deposited its earnings in the bank.
fr: Banque
Budget
noun
A plan for how to spend and earn money.
Example: We created a budget to control our spending.
fr: Budget
Cash
noun
Physical money or money available immediately.
Example: The store only accepts cash payments.
fr: Argent liquide
Depreciation
noun
The decrease in value of an asset over time.
Example: The car’s depreciation was calculated over five years.
fr: Amortissement
Equity
noun
The value left for the owners after subtracting liabilities from assets.
Example: The owner’s equity increased after a profitable year.
fr: Capitaux propres
Expense
noun
Money spent to run the business.
Example: Rent and salaries are common business expenses.
fr: Dépense
Financial Statement
noun
A report that shows the financial health of a business.
Example: The financial statement showed a strong increase in revenue.
fr: État financier
Inventory
noun
Goods a business has for sale.
Example: The shop checks its inventory every week.
fr: Inventaire
Journal
noun
A record of all business transactions.
Example: Every sale is recorded in the accounting journal.
fr: Journal
Ledger
noun
A book that shows all accounts and balances.
Example: The ledger helps track all financial activity.
fr: Grand livre
Liability
noun
Money that a company owes to others.
Example: Paying off liabilities is important to keep the business healthy.
fr: Passif
Liquidity
noun
Liquidity means how quickly and easily a company can turn its assets into cash, so it can pay it bills on time.
Example: A business with high liquidity can pay what it owes without difficulty.
fr: Liquidité
Loss
noun
When expenses are higher than revenue.
Example: The company reported a loss due to low sales.
fr: Perte
Payroll
noun
The list of employees and their salaries.
Example: Payroll is processed every two weeks.
fr: Paie
Profit
noun
Money left after subtracting expenses from revenue.
Example: The bakery made a good profit during the holidays.
fr: Profit
Receipt
noun
A document that proves payment was made.
Example: He kept the receipt for his business expenses.
fr: Reçu
Revenue
noun
Money earned from selling goods or services.
Example: The company’s revenue doubled last year.
fr: Revenus
Trial balance
noun
A list of all accounts to check if debits equal credits.
Example: The accountant prepared a trial balance before closing the books.
