Skip to main content

Key Terms

  • Accounting Information System (AIS): System that collects, processes, stores, and reports financial information
  • Cash Disbursements Journal: Special journal recording all cash paid out
  • Cash Receipts Journal: Special journal recording all cash received
  • eCDF: Electronic Collection of Financial Data - Luxembourg's electronic filing platform
  • FAIA: Fichier d'Audit InformatisĂ© AED - Computerized audit file (XML, OECD SAF-T)
  • Fiscal Cash Register: Certified cash register meeting legal requirements
  • General Journal: Journal for transactions that don't fit special journals
  • Purchases Journal: Special journal recording credit purchases
  • Sales Journal: Special journal recording credit sales
  • Subsidiary Ledger: Detailed ledger for individual items (customers, suppliers) that support a general ledger control account