Examlex
Relationships are created in the relationships window by clicking on the primary key in one table and dragging it to the related field in another table.
Periodic System
An inventory accounting system where updates to inventory levels and cost of goods sold are made at the end of an accounting period.
Purchase Discounts
Reductions in the price of goods purchased, usually as a reward for early payment to the supplier.
Freight-In
The cost associated with getting inventory to a business, usually included in the cost of goods sold.
GAAP
The collection of standard accounting practices widely recognized for financial reporting is called Generally Accepted Accounting Principles.
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