{"id":15015,"date":"2024-04-06T19:31:55","date_gmt":"2024-04-06T17:31:55","guid":{"rendered":"https:\/\/www.nexova.ch\/?page_id=15015"},"modified":"2025-08-02T09:37:14","modified_gmt":"2025-08-02T07:37:14","slug":"dictionary","status":"publish","type":"page","link":"https:\/\/www.nexova.ch\/en\/dictionary\/","title":{"rendered":"Dictionary"},"content":{"rendered":"<p>[et_pb_section fb_built=&#8221;1&#8243; module_id=&#8221;dictionary&#8221; _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; background_color=&#8221;#f7f5ff&#8221; hover_enabled=&#8221;0&#8243; global_colors_info=&#8221;{}&#8221; sticky_enabled=&#8221;0&#8243;][et_pb_row _builder_version=&#8221;4.24.2&#8243; _module_preset=&#8221;default&#8221; width=&#8221;60%&#8221; width_tablet=&#8221;80%&#8221; width_phone=&#8221;90%&#8221; width_last_edited=&#8221;on|phone&#8221; max_width=&#8221;1900px&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.24.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.24.2&#8243; _module_preset=&#8221;default&#8221; custom_margin=&#8221;||2.2em||false|false&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h1>Dictionary<\/h1>\n<p>[\/et_pb_text][et_pb_image src=&#8221;https:\/\/www.nexova.ch\/wp-content\/uploads\/2024\/04\/dictionary-img.jpg&#8221; title_text=&#8221;dictionary-img&#8221; _builder_version=&#8221;4.24.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_image][et_pb_text _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; hover_enabled=&#8221;0&#8243; global_colors_info=&#8221;{}&#8221; sticky_enabled=&#8221;0&#8243;]<\/p>\n<h2>Basic accounting terms<\/h2>\n<ul>\n<li><strong>Balance sheet:<\/strong> A financial statement showing the assets, liabilities and equity of a company at a specific point in time in order to assess its financial situation.<\/li>\n<li><strong>Income statement:<\/strong> A financial statement showing a company\u203as income and expenses over a specific period of time to determine profit or loss.<\/li>\n<li><strong>Accounts receivable (receivables):<\/strong> Financial claims of a company against third parties, usually from deliveries of goods or services that have not yet been paid.<\/li>\n<li><strong>Creditors (liabilities):<\/strong> Debts or obligations of a company to third parties, typically from the receipt of goods or services.<\/li>\n<li><strong>Fixed assets:<\/strong> Long-term assets of a company that are used over several years, such as buildings, machinery or vehicles.<\/li>\n<li><strong>Current assets:<\/strong> Short-term assets that are expected to be converted into cash within a financial year, such as inventories, receivables and cash and cash equivalents.<\/li>\n<li><strong>Depreciation and amortization:<\/strong> Systematic allocation of the acquisition or production costs of depreciable assets over their useful life.<\/li>\n<li><strong>Provisions:<\/strong> Balance sheet provision for future expenses or losses whose occurrence is uncertain, such as warranty claims or tax arrears.<\/li>\n<li><strong>Accounting record:<\/strong> A statement in accounting that represents the change in the accounts due to a business transaction, typically in the format \u201cdebit to credit\u201d.<\/li>\n<li><strong>Chart of accounts:<\/strong> A systematic listing of all accounts used in a company\u203as accounting, often according to a standardized scheme.<\/li>\n<li><strong>Double-entry bookkeeping:<\/strong> An accounting system in which every business transaction is recorded in at least two accounts to maintain the balance sheet equation.<\/li>\n<li><strong>Income and expenditure accounting:<\/strong> A simplified accounting method for smaller companies that records income and expenditure without using double-entry bookkeeping.<\/li>\n<li><strong>Liquidity planning:<\/strong> The planning and monitoring of a company\u203as solvency to ensure that it can meet its payment obligations at all times.<\/li>\n<li><strong>Annual financial statements:<\/strong> An annual financial summary that includes the balance sheet, income statement and, if applicable, notes and management report to present the economic situation of a company.<\/li>\n<\/ul>\n<h2>Extended and specific terms<\/h2>\n<ul>\n<li><strong>G\/L accounts:<\/strong> Accounts that are kept in the balance sheet or income statement to record the company\u203as assets, liabilities, income and expenses.<\/li>\n<li><strong>Cost center accounting:<\/strong> A part of cost accounting that classifies costs according to where they are incurred (cost centers) in order to improve cost control and allocation.<\/li>\n<li><strong>Cost object accounting:<\/strong> A method of cost accounting that assigns costs to the products or services (cost objects) that have caused these costs.<\/li>\n<li><strong>Management accounting (cost accounting):<\/strong> An area of accounting concerned with recording and analyzing the costs of business processes in order to improve profitability.<\/li>\n<li><strong>Financial accounting:<\/strong> The part of accounting that deals with the systematic recording, classification and summarization of financial transactions in order to prepare external reports.<\/li>\n<li><strong>Internal control:<\/strong> Measures and procedures implemented by a company to ensure the reliability of financial reporting and prevent fraud.<\/li>\n<li><strong>Dunning process:<\/strong> Process of following up on outstanding receivables by sending reminders or dunning letters to customers who have not paid their invoices on time.<\/li>\n<li><strong>Payment run:<\/strong> An accounting process in which a series of payments are made to suppliers or employees at the same time.<\/li>\n<li><strong>Cash flow statement:<\/strong> A financial statement showing cash receipts and payments over a period of time to show the change in liquidity.<\/li>\n<li><strong>Accounting standards:<\/strong> Regulations and principles (e.g. Swiss GAAP FER, IFRS) that govern the preparation and presentation of financial reports.<\/li>\n<li><strong>Budgeting:<\/strong> The process of creating a plan that includes expected income and expenses for a future period.<\/li>\n<li><strong>Forecasting:<\/strong> The estimation of future financial developments based on historical data and trends.<\/li>\n<li><strong>Invoicing:<\/strong> The process of issuing invoices for goods or services rendered.<\/li>\n<li><strong>Incoming payments:<\/strong> Amounts of money that a company receives from customers or other parties as payment for goods or services.<\/li>\n<li><strong>Outgoing payments:<\/strong> Amounts of money that a company pays for goods, services, salaries or other operational expenses.<\/li>\n<li><strong>Discounts:<\/strong> Price reductions granted to customers for early payment of their invoices.<\/li>\n<li><strong>Bonuses:<\/strong> Additional remuneration or rebates granted retrospectively on the basis of agreements or as a reward.<\/li>\n<li><strong>Lease accounting:<\/strong> Recording and management of leases, including the associated payments and obligations.<\/li>\n<li><strong>Project accounting:<\/strong> The specific accounting that focuses on the financial monitoring and management of projects.<\/li>\n<li><strong>Notes to the financial statements:<\/strong> A part of the financial statements that provides additional information and explanations to the figures in the balance sheet and income statement.<\/li>\n<li><strong>Statement of changes in equity:<\/strong> Documentation that shows the composition of and changes in equity within a financial year.<\/li>\n<li><strong>Liquidity ratio:<\/strong> Key figure that measures a company\u203as ability to cover its short-term liabilities.<\/li>\n<li><strong>Foreign currency accounting:<\/strong> The accounting process for business transactions that take place in a currency other than the company\u203as home currency.<\/li>\n<li><strong>VAT reclaim:<\/strong> The process of claiming the input tax, i.e. the VAT that a company has paid on its purchases, from the tax authorities.<\/li>\n<\/ul>\n<h2>Accounting software and tools<\/h2>\n<ul>\n<li><strong>Abacus:<\/strong> A comprehensive accounting and business software solution developed in Switzerland and tailored specifically to the needs of Swiss companies.<\/li>\n<li><strong>Bexio:<\/strong> A cloud-based accounting program for small to medium-sized enterprises (SMEs) in Switzerland that enables simple invoicing, bookkeeping and customer management.<\/li>\n<li><strong>Sage:<\/strong> An internationally recognized company that offers a wide range of accounting software and solutions for companies of various sizes, including specific products for the Swiss market.<\/li>\n<li><strong>SAP:<\/strong> A global leader in business software, offering complex ERP (Enterprise Resource Planning) systems that integrate financial accounting, controlling, materials management and many other business processes.<\/li>\n<li><strong>Microsoft Dynamics:<\/strong> A range of ERP and CRM software applications offered by Microsoft that help companies automate and manage their financial accounting, supply chain, operations and customer relationships.<\/li>\n<\/ul>\n<h2>Legal and regulatory aspects<\/h2>\n<ul>\n<li><strong>Code of Obligations (CO):<\/strong> A part of the Swiss Civil Code that regulates the legal basis for contracts, companies and commercial transactions, including certain aspects of corporate governance and accounting.<\/li>\n<li><strong>Commercial register:<\/strong> A public register containing essential information about companies and sole traders in Switzerland, such as company name, registered office and details of the owners or directors.<\/li>\n<li><strong>Auditors:<\/strong> An independent body that audits the annual financial statements (balance sheet, income statement and notes) of companies in Switzerland in order to confirm their compliance with the law and accounting standards.<\/li>\n<li><strong>VAT Act:<\/strong> The legal basis for value added tax in Switzerland, which regulates the levying, charging and payment of value added tax by companies.<\/li>\n<li><strong>Financial Market Supervisory Authority (FINMA):<\/strong> The Swiss supervisory authority responsible for monitoring the financial markets, including banks, insurance companies and other financial service providers.<\/li>\n<li><strong>Data protection in the financial sector:<\/strong> Regulations and practices that ensure the protection of personal data in the financial sector, in accordance with Swiss data protection law and international standards.<\/li>\n<li><strong>Anti-money laundering regulations:<\/strong> Legal measures and procedures to prevent money laundering that financial institutions are obliged to implement, including the identification of customers and the reporting of suspicious transactions.<\/li>\n<\/ul>\n<h2>Job profiles and qualifications<\/h2>\n<ul>\n<li><strong>Certified accountant:<\/strong> A qualified specialist in accounting who has successfully passed a comprehensive professional examination in Switzerland.<\/li>\n<li><strong>Fiduciary with a federal certificate:<\/strong> A specialist in fiduciary and consulting services who has acquired a corresponding professional qualification in Switzerland.<\/li>\n<li><strong>Certified expert in accounting and controlling:<\/strong> A specialist with in-depth knowledge in the areas of accounting and controlling who has passed a higher professional examination in Switzerland.<\/li>\n<li><strong>Certified auditor:<\/strong> A highly qualified professional who has been specially trained for the independent auditing of annual financial statements and other financial reports and has passed a corresponding examination in Switzerland.<\/li>\n<\/ul>\n<h2>Fiduciary<\/h2>\n<ul>\n<li><strong>Fiduciary account:<\/strong> A bank account held by a trustee on behalf of and for the benefit of a third party.<\/li>\n<li><strong>Fiduciary:<\/strong> A person or firm that provides services such as accounting, tax advice, asset management and legal advice to clients.<\/li>\n<li><strong>Accounting services:<\/strong> Services that focus on systematically recording, monitoring and analyzing a company\u203as financial transactions.<\/li>\n<li><strong>Tax consultancy:<\/strong> Expert advice and support with tax planning, tax returns and tax law issues.<\/li>\n<li><strong>Management consulting:<\/strong> Consulting services that support companies in improving their structures, processes and performance.<\/li>\n<li><strong>Succession planning:<\/strong> Planning the transfer of company assets and management to the next generation or to new owners.<\/li>\n<li><strong>Auditing:<\/strong> The independent review and assessment of a company\u203as financial reporting.<\/li>\n<li><strong>Compliance management:<\/strong> The development and monitoring of processes to ensure compliance with legal and regulatory requirements.<\/li>\n<li><strong>Risk management:<\/strong> The process of identifying, assessing and managing financial and operational risks within a company.<\/li>\n<li><strong>Payroll:<\/strong> The administration of payroll, social security contributions and other tasks associated with the remuneration of employees.<\/li>\n<li><strong>Real estate fiduciary:<\/strong> Services related to real estate, including management, leasing, sales and consulting.<\/li>\n<\/ul>\n<h2>Taxes<\/h2>\n<ul>\n<li><strong>Direct taxes:<\/strong> Taxes levied directly on the income or assets of individuals or companies, such as income tax and wealth tax.<\/li>\n<li><strong>Indirect taxes:<\/strong> Taxes levied on the consumption or purchase of goods and services, such as value added tax and withholding tax.<\/li>\n<li><strong>Withholding tax:<\/strong> A tax that is withheld and paid directly at the source of income, e.g. interest or dividends.<\/li>\n<li><strong>Profit tax:<\/strong> A tax on the profit that companies generate.<\/li>\n<li><strong>Capital tax:<\/strong> A tax on the capital or equity of legal entities.<\/li>\n<li><strong>Tax return:<\/strong> The formal procedure by which individuals or companies report their income and assets to the tax authorities.<\/li>\n<li><strong>Tax assessment:<\/strong> The process by which the tax authorities determine an individual\u203as or company\u203as tax liability based on the tax return submitted.<\/li>\n<li><strong>Tax optimization:<\/strong> Legal strategies and measures to minimize the tax burden.<\/li>\n<li><strong>Tax equalization:<\/strong> The process of adjusting the actual tax owed against the amounts paid in advance.<\/li>\n<li><strong>Tax period:<\/strong> The period for which tax is calculated, usually a calendar year.<\/li>\n<li><strong>Tax progression:<\/strong> The principle according to which the tax rate increases with rising income or assets.<\/li>\n<li><strong>Lump-sum taxation:<\/strong> A special tax regime in Switzerland under which individuals are taxed on the basis of their living expenses rather than their overall income or assets.<\/li>\n<li><strong>Tax amnesty:<\/strong> A time-limited option for the subsequent declaration of previously untaxed income or assets without prosecution.<\/li>\n<\/ul>\n<h2>Value added tax (VAT)<\/h2>\n<ul>\n<li><strong>Input tax:<\/strong> The VAT invoiced to a company by its suppliers and which it can deduct from its own VAT liability.<\/li>\n<li><strong>Taxable supplies:<\/strong> Supplies (deliveries of goods and services) that are subject to VAT.<\/li>\n<li><strong>Domestic tax:<\/strong> VAT levied on services provided in Switzerland.<\/li>\n<li><strong>Procurement tax:<\/strong> A tax on services provided to Swiss recipients by companies based abroad.<\/li>\n<li><strong>Special rates:<\/strong> Reduced VAT rates for certain goods or services, e.g. accommodation services.<\/li>\n<li><strong>VAT settlement:<\/strong> The process of calculating the VAT owed by deducting input VAT from the VAT received.<\/li>\n<li><strong>Net principle:<\/strong> The principle according to which VAT is only charged on the net value (excluding VAT) of a service.<\/li>\n<li><strong>Tax exemptions:<\/strong> Certain services that are exempt from VAT, e.g. medical treatment or educational services.<\/li>\n<\/ul>\n<h2>Additional legal and regulatory aspects<\/h2>\n<ul>\n<li><strong>Civil Code (CC):<\/strong> Governs legal relationships between private individuals and, alongside the Code of Obligations (CO), is a central element of Swiss private law.<\/li>\n<li><strong>Anti-Money Laundering Act (AMLA):<\/strong> Aims to combat money laundering and the financing of terrorism by obliging financial intermediaries to comply with certain due diligence and reporting requirements.<\/li>\n<li><strong>Federal Direct Federal Tax Act (DBG):<\/strong> Regulates the levying of direct federal tax on the income of natural persons and the profits of legal entities.<\/li>\n<li><strong>Federal Act on the Harmonization of Direct Taxes of the Cantons and Communes (StHG):<\/strong> Promotes the harmonization of cantonal tax laws, in particular with regard to tax objects, the tax period and tax calculation.<\/li>\n<li><strong>Federal Value Added Tax Act (MWSTG):<\/strong> The specific law that regulates the collection of VAT in Switzerland, including rates, taxable supplies and the obligations of taxable persons.<\/li>\n<\/ul>\n<h2>Additional concepts in finance<\/h2>\n<ul>\n<li><strong>Cash flow statement:<\/strong> A financial statement that shows the changes in a company\u203as cash and cash equivalents, broken down into operating, investing and financing activities.<\/li>\n<li><strong>Corporate governance:<\/strong> refers to the way in which a company is managed and controlled with the aim of ensuring efficient, responsible and transparent management of the company.<\/li>\n<li><strong>Sustainability reporting:<\/strong> The process by which companies report on their environmental, social and governance (ESG) performance to inform stakeholders about their sustainability practices.<\/li>\n<li><strong>FINMA circulars:<\/strong> Documents published by FINMA to provide interpretations and explanations of regulatory requirements and facilitate the implementation of supervisory practices.<\/li>\n<\/ul>\n<h2>Additional job profiles and qualifications<\/h2>\n<ul>\n<li><strong>Certified Public Accountant (CPA):<\/strong> In some countries, a professional qualification for auditors, which is equivalent to the \u201cDipl. Wirtschaftspr\u00fcfer\u201d in Switzerland.<\/li>\n<li><strong>Specialist in finance and accounting with a federal certificate:<\/strong> People with this qualification have in-depth knowledge of financial accounting, controlling and financial management.<\/li>\n<\/ul>\n<p>[\/et_pb_text][et_pb_code admin_label=&#8221;CSS&#8221; _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; hover_enabled=&#8221;0&#8243; global_colors_info=&#8221;{}&#8221; sticky_enabled=&#8221;0&#8243;]<\/p>\n<style><!-- [et_pb_line_break_holder] -->  #dictionary h1{<!-- [et_pb_line_break_holder] -->    margin-bottom: .5em;<!-- [et_pb_line_break_holder] -->    letter-spacing: -1.5px;<!-- [et_pb_line_break_holder] -->    font-weight: 500;<!-- [et_pb_line_break_holder] -->    color: #000;<!-- [et_pb_line_break_holder] -->    font-size: 44px;<!-- [et_pb_line_break_holder] -->    line-height: 1.2em;<!-- [et_pb_line_break_holder] -->    padding: 0;<!-- [et_pb_line_break_holder] -->  }<!-- [et_pb_line_break_holder] -->  #dictionary :where(p+h2, ul+h2){<!-- [et_pb_line_break_holder] -->    margin-top: 1.5em;<!-- [et_pb_line_break_holder] -->  }<!-- [et_pb_line_break_holder] -->  #dictionary ul+p {<!-- [et_pb_line_break_holder] -->    padding-top: .4em;<!-- [et_pb_line_break_holder] -->\t}<!-- [et_pb_line_break_holder] -->  #dictionary h2{<!-- [et_pb_line_break_holder] -->    font-size: 30px;<!-- [et_pb_line_break_holder] -->    padding-bottom: 1em;<!-- [et_pb_line_break_holder] -->    line-height: 1.2em;<!-- [et_pb_line_break_holder] -->    font-weight: 500;<!-- [et_pb_line_break_holder] -->    color: #000;<!-- [et_pb_line_break_holder] -->    letter-spacing: -0.7px;<!-- [et_pb_line_break_holder] -->  }<!-- [et_pb_line_break_holder] -->  #dictionary ul{<!-- [et_pb_line_break_holder] -->    list-style:none;<!-- [et_pb_line_break_holder] -->    padding-left: 0;<!-- [et_pb_line_break_holder] -->  }<!-- [et_pb_line_break_holder] -->  #dictionary li{<!-- [et_pb_line_break_holder] -->    padding-left: 2.8em;<!-- [et_pb_line_break_holder] -->    position: relative;<!-- [et_pb_line_break_holder] -->\t}<!-- [et_pb_line_break_holder] -->  #dictionary li:not(:last-child){<!-- [et_pb_line_break_holder] -->    margin-bottom: .7em;<!-- [et_pb_line_break_holder] -->  }<!-- [et_pb_line_break_holder] -->  #dictionary li::before{<!-- [et_pb_line_break_holder] -->\tcontent: \"\";<!-- [et_pb_line_break_holder] -->    width: 4px;<!-- [et_pb_line_break_holder] -->    height: 4px;<!-- [et_pb_line_break_holder] -->    border-radius: 2px;<!-- [et_pb_line_break_holder] -->    background: #000;<!-- [et_pb_line_break_holder] -->    position: absolute;<!-- [et_pb_line_break_holder] -->    left: 1.9em;<!-- [et_pb_line_break_holder] -->    top: 12px;<!-- [et_pb_line_break_holder] -->\t}<!-- [et_pb_line_break_holder] -->  #dictionary p+ul{<!-- [et_pb_line_break_holder] -->    padding-top: .7em;<!-- [et_pb_line_break_holder] -->  }<!-- [et_pb_line_break_holder] -->  #dictionary .et_pb_image{<!-- [et_pb_line_break_holder] -->    margin-bottom: 2.2em;<!-- [et_pb_line_break_holder] -->  }<!-- [et_pb_line_break_holder] -->  #dictionary .et_pb_image_wrap{<!-- [et_pb_line_break_holder] -->    position: relative;<!-- [et_pb_line_break_holder] -->    width: 100%;<!-- [et_pb_line_break_holder] -->    padding-bottom: 40%;<!-- [et_pb_line_break_holder] -->  }<!-- [et_pb_line_break_holder] -->  #dictionary .et_pb_image_wrap img{<!-- [et_pb_line_break_holder] -->    position: absolute;<!-- [et_pb_line_break_holder] -->    left: 0;<!-- [et_pb_line_break_holder] -->    top: 0;<!-- [et_pb_line_break_holder] -->    width: 100%;<!-- [et_pb_line_break_holder] -->    height: 100%;<!-- [et_pb_line_break_holder] -->    object-fit: cover;<!-- [et_pb_line_break_holder] -->    border-radius: 12px;<!-- [et_pb_line_break_holder] -->    overflow: hidden;<!-- [et_pb_line_break_holder] -->  }<!-- [et_pb_line_break_holder] -->  @media (max-width: 767px){<!-- [et_pb_line_break_holder] -->    #dictionary h1{<!-- [et_pb_line_break_holder] -->      font-size: 32px;<!-- [et_pb_line_break_holder] -->    }<!-- [et_pb_line_break_holder] -->    #dictionary h2{<!-- [et_pb_line_break_holder] -->      font-size: 22px;<!-- [et_pb_line_break_holder] -->    }<!-- [et_pb_line_break_holder] -->    #dictionary .et_pb_image_wrap{<!-- [et_pb_line_break_holder] -->      padding-bottom: 60%;<!-- [et_pb_line_break_holder] -->    }<!-- [et_pb_line_break_holder] -->  }<!-- [et_pb_line_break_holder] --><\/style>\n<p>[\/et_pb_code][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; custom_padding_last_edited=&#8221;on|tablet&#8221; module_class=&#8221;landing1&#8243; _builder_version=&#8221;4.19.1&#8243; _module_preset=&#8221;default&#8221; background_color=&#8221;#4d4d4d&#8221; custom_padding_tablet=&#8221;&#8221; custom_padding_phone=&#8221;40px||||false|false&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_row column_structure=&#8221;3_4,1_4&#8243; module_class=&#8221;bottom-cta&#8221; _builder_version=&#8221;4.19.1&#8243; _module_preset=&#8221;default&#8221; width_tablet=&#8221;&#8221; width_phone=&#8221;90%&#8221; width_last_edited=&#8221;on|phone&#8221; max_width=&#8221;100%&#8221; custom_padding=&#8221;0px||0px||true|false&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;3_4&#8243; _builder_version=&#8221;4.17.0&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_code _builder_version=&#8221;4.24.2&#8243; _module_preset=&#8221;default&#8221; custom_margin=&#8221;||30px||false|false&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h2 class=\"main-title light-color\"><!-- [et_pb_line_break_holder] -->  Would you like a fiduciary consultation?<!-- [et_pb_line_break_holder] -->  <span class=\"tx-break tx-bold\">Let\u2019s work together.<\/span><!-- [et_pb_line_break_holder] --><\/h2>\n<p>[\/et_pb_code][\/et_pb_column][et_pb_column type=&#8221;1_4&#8243; _builder_version=&#8221;4.17.0&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_code _builder_version=&#8221;4.27.0&#8243; _module_preset=&#8221;default&#8221; custom_margin=&#8221;||30px||false|false&#8221; global_colors_info=&#8221;{}&#8221;]<a href=\"https:\/\/www.nexova.ch\/en\/book-a-call\/\">Book a call<\/a>[\/et_pb_code][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>DictionaryBasic accounting terms Balance sheet: A financial statement showing the assets, liabilities and equity of a company at a specific point in time in order to assess its financial situation. Income statement: A financial statement showing a company\u203as income and expenses over a specific period of time to determine profit or loss. Accounts receivable (receivables): [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","q_post_updated_date":"","footnotes":""},"class_list":["post-15015","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/www.nexova.ch\/en\/wp-json\/wp\/v2\/pages\/15015","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.nexova.ch\/en\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.nexova.ch\/en\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.nexova.ch\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.nexova.ch\/en\/wp-json\/wp\/v2\/comments?post=15015"}],"version-history":[{"count":1,"href":"https:\/\/www.nexova.ch\/en\/wp-json\/wp\/v2\/pages\/15015\/revisions"}],"predecessor-version":[{"id":28008,"href":"https:\/\/www.nexova.ch\/en\/wp-json\/wp\/v2\/pages\/15015\/revisions\/28008"}],"wp:attachment":[{"href":"https:\/\/www.nexova.ch\/en\/wp-json\/wp\/v2\/media?parent=15015"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}