Not a rule. Bookkeeping convention — not codified. US GAAP governs recognition, measurement and presentation, not bookkeeping mechanics. Sources
The lessons that teach this
From the free founder back-office course, taught on one company's books, with exercises to work it yourself.
- APExpense policy: who spends, who approves, what proofA one-page expense policy, an approval matrix that routes by amount and refuses self-approval, and the receipt rule, on Northwind's first October requests.9 min
- APCompany cards and reimbursements: coding, receipts and the statementHow a company card statement and an out-of-pocket expense report are booked, with a receipt for each, and why paying the statement is not a second expense.11 min
Corporate card, in use
Quoted from the 2 documents that use the word: what it does to an interface, in the spec's own words.
Corporate card transactions matched to receipts, not re-entered.
Corporate card transactions are matched to receipts, not re-entered.
What it is not called
Each of these means something else. Use one here and an accountant reading the product notices.
- expense report (the claim)
- debit card
Components that render this
These components name it in their spec, grouped and labeled exactly as the catalog shows them.
Components that render the terms it depends on
Few components name this concept outright, but it's built from terms they do name. These render liability, statement, account.
- BankStatementOpening → lines with a running balance → closing, proven against the bank's own figure.
- LedgerTableDouble-entry with debit/credit columns and a balance check.
- PeriodGridThe ruled grid. Frozen panes, hidden columns, hover change, ⌘C.
- ReconciliationViewTwo-pane matcher. The match animation.
- TableColumnsSort and resize for a table that renders on the server.
- StatementOfChangesInEquityThe fourth statement. Equity components across, movements down.
- CashFlowStatementOperating / investing / financing.
- StatementNotesNumbered notes, referenced from the line they explain.
- StatementRowIndent level, subtotal, total, expand.
- StatementTableThe shared shell: hierarchy, periods, rules.
- StatementToolbarBasis, period, comparison, currency, consolidation.
- DrilldownSheetStatement line → the GL entries behind it.
- ReportHeaderEntity, statement, period, basis, currency, as-of. Every figure states its basis.
- BalanceSheetAssets / liabilities / equity, with the balance check.
- FluxAnalysisPeriod-over-period explanations.
- ReportingPackageA board or lender pack as one object: contents, basis, review state.
- TrialBalanceAll accounts with the debit=credit proof.
- LeaseScheduleROU asset and liability on diverging curves.
- ChartOfAccountsHierarchy, statement mapping, unsupported-account flags.
- AccountPickerShows the normal balance. Blocks non-postable accounts.
- AccountTieOutEvery BS account, proven against its evidence.
- AccountRegisterGL detail with a running balance.
- DimensionPickerEntity always required; renders what the account demands.
14Tax & compliance
Family specAlso in Payables
Defined in Lexicon. This page is generated from that document, so the two can't disagree.