Accounting Glossary

Accrual accounting: An accounting system based on the date work is done. Required for corporations. See also Cash accounting.

NOTE-- In 2000, MacNail was replaced by Goldenseal construction accounting software. Goldenseal is an integrated program that includes general accounting, job costing, payroll and project billing, plus estimating and other features.


Alerts: Alert boxes or 'alerts' are similar to dialog boxes. Some alerts only allow you to click OK.
Balance forward: The starting balance of a Checkbook Ledger in the MacNail construction accounting software. The amount in the account before the first check is written.
Bomb: See system error.
Bug: A program error. Please let us know if you find any.
Byte: A fairly small piece of computer data. Approximately equal to one typewritten character.
Cash accounting: An accounting system based on the date payment is made. See also Accrual accounting.
Page 234 Glossary
Cell Addresses: The row number and column letter for the cell.
Cell: 'Box' in a worksheet.
Change order: A contract change, usually for extra work, and preferably written. Sometimes known as Extras.
Charts: Excel creates three different kinds of documents: worksheets, macros, and charts. Each one has a different icon.
Checkbook Ledger: An accounting worksheet used to track payments from a checkbook.
Click: Press once on the mouse button.
Column: A vertical line of cells, running up and down the worksheet. See Row.
Command key: On the Macintosh keyboard-is marked with the 'cloverleaf' symbol. You use it for Macintosh 'keyboard shortcuts'.
Contingencies: An amount put into an estimate to cover unexpected conditions.
Cost Control: The MacNail system of single-entry job cost accounting. It uses a set of macros and worksheets to itemize costs by jobs and by categories.