| SME chart of accounts |
A chart that contains every account with its name and identifier (ID) |
KMU-Kontenrahmen |
| Balance sheet |
Overview of the accounts in use. Usually split into active and passive |
Bilanz |
| Income statement |
Overview of all the expenses and income |
Erfolgsrechnung |
| Booking record |
A record that describes the movement of an amount of money with or between two accounts |
Buchungssätze |
| Debit |
The first account in a booking record |
Soll |
| Credit |
The second account in a booking record |
Haben |
| Expense |
Money that goes away due to worth loss or purchases, for instance |
Aufwand |
| Income |
Money that comes in due to sales or investments, for instance |
Ertrag |