Adult Protective Services (APS
Adult Protective Services includes the 24-hour, 365 days a year access to assistance and/or referral with reports of physical, sexual or emotional abuse, neglect by caretaker, self-neglect, exploitation and abandonment.

Double-Entry Accounting
A system of accounting that records each business transaction twice.

Accounts Receivable
Amounts owed to a business that the business expects to receive.

Cash Letter
A group of checks accompanied by a paper listing sent to a clearinghouse, a Federal Reserve Bank, or another institution. A cash letter contains a number of negotiable items, mostly checks, accompanied by a letter that lists the amounts and instructions for transmittal to another bank. May also be called a transmittal letter.

Accounts Payable
Amounts that a business owes

Account
A collection of financial information grouped according to customer or purpose.

Statement
A formal written summary of outstanding invoices.

Bookkeeping
The task of recording the amount, date, and source of all business revenues and expenses. Bookkeeping is essentially the starting point of the accounting process. Only with accurate bookkeeping numbers can meaningful accounting be

Bad Debt
Money owed for a business debt that cannot be collected

Ledger
A physical collection of related financial information, such as revenues, expenditures, accounts receivable, and accounts payable.