Finance in plain english

Why do they make it so confusing? All of these complex Magic Numbers, CACs and EBITDA. A glossary, for simplicity.

A

Accounting
Accounting API
Accounts Receivable
Amortization
Assets

B

Balance Sheet
Bookkeeping
Break-Even Point
Burn Rate

C

Capital Expenditure
Cash Flow
Corporation Tax
Cost of Goods Sold (COGS)

D

Depreciation
Dividend

E

EBITDA
Equity
Expenses

F

Fixed Cost vs Variable Cost

G

Gross Margin

H

HMRC Gateway Account

I

Inheritance Tax
Invoice
IR35

K

KPI

M

Making Tax Digital (MTD)

N

Net Profit

R

Recurring Invoice
Revenue
Runway

S

Self Assessment

T

Trial Balance

V

VAT
VAT Flat Rate Scheme

Y

Year-End Accounts